Peter Ker

Peter Ker


Roy Hill project clears Forge collapse hurdle

Peter Ker Gina Rinehart's Roy Hill project has found a solution to the hole that was left by the collapse of mining services firm Forge Group, with Samsung C&T set to takeover Forge's partnership with Spanish...


Rio Tinto chief Sam Walsh 'happy' to extend his term

Sam Walsh

Peter Ker Rio Tinto chief executive Sam Walsh has indicated he may stay in the job beyond his three-year term at the dual-listed miner.

Atlas on track to boost iron ore output at Mount Webber mine

Peter Ker Atlas Iron will increase its iron ore production by close to 30 per cent over the next two years, but is fast running out of low-cost expansion options.


BHP takes full control of its iron ore mines

BHP logo.

Peter Ker The trend for mining companies to manage their own mines instead of hiring external contractors has continued, with BHP Billiton confirming the last contractor working on its Pilbara iron ore mines...


Contractors on the outer as BHP brings mines in-house

Peter Ker The trend for mining companies push out contractors in favour of managing their own mines has continued.


Rio Tinto's Sam Walsh says he's happy to stay longer

Rio Tinto CEO Sam Walsh.

Peter Ker Rio Tinto chief executive Sam Walsh has indicated he may be happy to serve beyond his three-year term at the company


BHP Billiton CEO Andrew Mackenzie: Economy is sound

BHP Billiton CEO, Andrew Mackenzie speaks at Sofitel in Melbourne.

Peter Ker BHP Billiton boss Andrew Mackenzie says he is optimistic about Australia's economic prospects.


Mining behemoths BHP Billiton and Rio Tinto urged to turn to share buybacks

evy hambro.

Peter Ker BHP Billiton and Rio Tinto should return money to shareholders via share buybacks.


Vitol keen to chase business in Australia after Shell purchases

Petrol prices at the Shell petrol station in Hawker.

Peter Ker Purchase of Shell's Australian petrol stations and refineries is just the first step in plan.


Vitol says Shell buy a stepping stone to resources revenue


Peter Ker Vitol says it has bought Shell's Australian petrol stations and refineries as a first step in a bigger plan to get a slice of Australia's mining and resources economy.


BHP Billiton top shareholder BlackRock says buybacks better than dividends

Evy Hambro.

Peter Ker BHP Billiton and Rio Tinto should return money to shareholders via share buybacks rather than a one-off special dividend, according to the man who manages the world's biggest mining funds


Big profits may see Fortescue boost dividends within a year

Fortescue Metals Group.

Peter Ker Fortescue Metals Group could be ready to double its dividend payout ratio within a year, meaning it could join BHP Billiton and Rio Tinto in significantly lifting shareholder returns in the 2015...


Andrew 'Twiggy' Forrest pockets $103m as Fortescue joins dividend rush

Andrew Forrest, chief executive officer of Fortescue Metals Group Ltd., stands for a photograph after a news conference during the Diggers and Dealers mining forum in Kalgoorlie, Australia, on Tuesday, Aug. 3, 2010. The forum takes place from Aug. 2 - 4. Photographer: Ron D'Raine/Bloomberg *** Local Caption *** Andrew Forrest

Peter Ker Fortescue Metals Group has joined in the dividend bonanza, announcing a higher than expected payout that will see close to $103 million flow to its biggest shareholder, billionaire rich-lister Andrew...


Big miners poised to reward shareholders


Peter Ker Shareholders' long campaign for better dividend flows from the big miners looks set to bear fruit, after BHP Billiton joined Rio Tinto in hinting that a special round of returns was likely to come...


BHP cashes in on iron ore but warns that price may soon slide


Peter Ker BHP Billiton once again predicts iron ore prices will soon begin to slide, despite it continuing to be the company's biggest revenue spinner.


BHP doubles profit to $9b

A man mends a sign at the entrance to BHP Billiton's iron ore loading facility in Port Hedland, about 1,600 km (994 miles) north of Perth, in this May 30, 2008 file photo. BHP Billiton, the world's biggest miner, reported February 8, 2012 its first half-year profit fall in two years as iron ore, copper and coal prices fell and costs rose, and said it expected longer-term demand from key customer China to slow. Picture taken May 30, 2008. REUTERS/Tim Wimborne/Files (AUSTRALIA - Tags: BUSINESS)

Peter Ker BHP's productivity agenda appears to be doing the job, with the miner reporting that final first-half profit had almost doubled to $US8.1 billion ($9 billion).

Mining services

Forge axes CEO David Simpson after loss of Horizon Power contract

David Simpson

Peter Ker Forge chief executive David Simpson is believed to have been made redundant from the failed mining services company.


Paladin Energy spills radioactive material at African mine

Kayelekera Uranium Project in Malawi Africa  Pic Supplied 17/09/2009 SPECIAL 000

Peter Ker Australian miner Paladin Energy has bid a unfortunate farewell to its Kayelekera mine in Africa, with a truck spilling radioactive material at the roadside just three days after it announced the mine...


Surprise Newcrest profit as gold surges

Illustration: John Shakespeare.

Peter Ker The gold price may no longer captive to the direction of quantitative easing in the US.


Sirius Resources buys out Mark Creasy to take full ownership of Nova and Bollinger deposits

Mark Bennett.

Peter Ker The most recent discovery in Australia's mining sector is a step closer to being developed.