Peter Ker

Peter Ker


Costs rising for Rio Tinto's Mongolian copper venture

Peter Ker Rio Tinto has revealed an increase to the overall cost of fully developing its Mongolian copper venture and warned that it was yet to accept a recent tax ruling from the Mongolian government.


Iron ore slumps below $US80 to new five-year low

In 2015, BREE forecasts iron ore prices to average US$97.

Max Mason and Peter Ker Iron ore has slumped below $US80 per tonne for the first time in more than five years, as the Chinese government dampens hopes of aggressively policy stimulus to fuel growth.

Chinese steel man says production won't reach billion tonnes predicted by big miners

Chinese steel industry heavyweight Li Xinchuang expects iron ore to hover at US$80 a tonne.

Peter Ker Iron ore prices will remain around current levels, according to China Iron and Steel Association

Santos calls manufacturers to invest in onshore gas

Santos says more gas would be available now if manufacturers had invested more in the sector over the past decade.

Peter Ker Santos says manufacturers can help avoid the looming gas crisis by investing in more supply


China coal ban to put more pressure on struggling mines

Coal mining at Musswellbrook in the Hunter Valley, an area that will likely be hit hard by new Chinese regulations.

Peter Ker and Brian Robins with Philip Wen, Beijing At a time when large parts of the industry are not making any money, coal producers may be faced with heavy additional costs to meet China's tougher environmental controls on coal imports.

Dow Chemical boss warns hard times may prompt reform

Dow boss: Tony Frencham.

Peter Ker Australians may need to endure a recession before they realise the urgent need for economic and policy reform, according to the local boss of industry giant Dow Chemical.

Risky business: China dumps our dirty coal


Brian Robins, Peter Ker Australian coal exporters are scrambling to clarify the fallout from changes to China's coal import rules, which could expose the industry to billions of dollars in lost sales as China seeks to cut...


Fortescue chief Nev Power gets hefty pay rise despite share slump

Raking it in: Nev Power earned $3.8 million during the 2014 financial year.

Peter Ker Fortescue Metals Group chief executive Nev Power has been granted an 11.1 per cent pay rise, as the iron ore miner moves to reward the man who has overseen its near tripling in export volumes.


Rio Tinto and Mongolia settle Oyu Tolgoi mine tax dispute

Rio Tinto's Oyu Tolgoi project.

Peter Ker Construction of the second stage of the Oyu Tolgoi mine is expected to start within six months.

Price drop signals the end of the iron ore age

Peter Ker

Peter Ker Not so long ago, Australia was engaged in a bitter dispute over whether the financial benefits of the mining boom were filtering down to the rest of the economy.


China’s iron ore producers will survive price slump, says ex-BHP Billiton executive Alberto Calderon

Opportunities: Alberto Calderon.

Peter Ker The former BHP executive believes most Chinese high cost iron ore miners will stay open despite low prices, putting further pressure on producers in other countries

Former BHP executive Alberto Calderon joins new Cape York export bauxite project

Alberto Calderon

Peter Ker The former BHP Billiton executive is hoping a new Australian bauxite project can be the foundation of a new private equity group

Iron ore price fall starts to hurt smaller miners

Iron ore

Peter Ker After eight months of falls, the iron ore price slide is starting to claim victims.

Avanco in the spotlight

Peter Ker Evy Hambro has exposure to scores of Australian miners across his multiple natural resources funds at BlackRock, but when quizzed about the most exciting ASX-listed juniors, he is quick to respond.


What's in a name? OZ Minerals hires Rio exec Andrew Cole

Oz Minerals reported a $14.3 million underlying loss for the six months to June, which was not as bad as the $61 million loss some analysts predicted.

Peter Ker Investors will think they are seeing double when meeting the new leadership team of OZ Minerals, after Rio Tinto executive Andrew Cole was appointed managing director today.


BlackRock's Evy Hambro backs BHP Billiton demerger

'I think the overall returns are going to get bigger in terms of the money that comes back to shareholders.': BlackRock manager of natural resources Evy Hambro.

Peter Ker The man who manages the world's biggest mining funds has thrown his support behind BHP Billiton's demerger plan but reminded big miners there is no point doing a one-off round of shareholder returns.

Iron ore price hits five-year low on back of China concerns and market glut

The price for Australia's most valuable commodity has fallen more than 35 per cent this year.

Max Mason and Peter Ker The price of iron ore has slumped to a five-year low as worries about China's property sector and a flood of supply globally weigh heavily on the steel-making ingredient.

Uranium showing signs of post-Fukushima revival


Peter Ker There are signs of life in uranium prices, but is this the long-awaited revival?

Mining companies approve mining tax repeal

Treasurer Joe Hockey and Finance Minister Mathias Cormann on Tuesday.

Peter Ker Business Council warn that spending measures should go with mining tax


Gina Rinehart shuts down Mongolian vehicle


Peter Ker Australia's richest woman, Gina Rinehart, has quietly shut down her Mongolian mining exploration operation.