Peter Ker

Peter Ker

Rio Tinto profit forecasts shaved in the wake of weak iron exports

Peter Ker Profit estimates for Rio Tinto were shaved down on Tuesday after the company revealed weaker than expected exports during 2015.

Rio Tinto has missed its full-year export targets for iron ore and copper

Rio Tinto chief executive Sam Walsh said 2016 is going to be an even tougher year than 2015

Peter Ker Rio Tinto has missed its export targets for iron ore and copper after a weak end to 2015.

Analysts believe Rio Tinto has overcome slow start to meet iron ore target

Rio Tinto may have used some stockpiled iron ore to help meet its annual export target of 340 million tonnes.

Peter Ker Analysts believe Rio Tinto will meet its iron ore export target for 2015, despite a slow start to 2015.

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Juniors struggle for traction amid bauxite boom

Bauxite demand is expected to grow, but small miners are struggling to break into a competitive industry.

Peter Ker Australian bauxite aspirants are struggling for traction despite Chinese imports of the aluminium ingredient rising 45 per cent in 2015.

BHP shale joins the blunder big league

BHP is beholden to weak US gas prices because the fields that produce liquids also produce gas.

Peter Ker This $US20 billion punt is one of the biggest howlers of the resources boom.

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BHP posts $US4.9 billion oil and gas impairment

US shale oil drilling.

Peter Ker BHP has announced yet another massive impairment against its United States shale division.

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Citi upgrades BHP Billiton to preferred major miner

BHP shares were down again on Thursday despite Citi upgrading the stock to a buy.

Peter Ker It is time to start buying BHP Billiton shares again, according to investment bank Citi.

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Nathan Tinkler's new coal venture will try to raise $30m to fund a new coal plan

Former mining magnate Nathan Tinkler has complete confidence in the coal industry.

Peter Ker Nathan Tinkler's new coal vehicle will seek to raise $30 million to fund the Dartbrook coal acquisition, and will try to expand the mine into an open pit.

Rail provider Aurizon dealt another blow with train derailment in Queensland

An Aurizon freight train lies beside the tracks after derailing near Julia Creek in Queensland's north-west.

Peter Ker and Thomas Hounslow Aurizon's miserable end to 2015 has continued, with a major train derailment in Queensland injuring three and spilling large quantities of sulphuric acid.

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Rail provider Aurizon dealt another blow with train derailment in Queensland

An Aurizon freight train lies beside the tracks after derailing near Julia Creek in Queensland's north-west.

Peter Ker and Thomas Hounslow Aurizon's miserable end to 2015 has continued, with a major train derailment in Queensland injuring three and spilling large quantities of sulphuric acid.

Grand prix racer McLaren has just the formula for a push into mining and energy

Formula One racing team McLaren wants to find broader uses for its technology.

Peter Ker Best known for its Formula One cars, McLaren believes its technology can help mining, energy and healthcare companies.

Christmas Day a day for shopping, says Myer boss

Peter Ker Forget Christmas Day, December 24 is the truly sacred day for families, according to Myer chief Richard Umbers.

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Atlas Iron to halve debt with refinancing that ratings agencies say is a default

Atlas Iron managing director David Flanagan will seek support for a refinancing package.

Peter Ker Atlas Iron will almost halve its debt under a refinancing plan, which will need shareholder approval.

Hundreds to lose mine jobs as boom days end

Thousands of workers in the resources industry are hanging up their helmets as numerous projects reach completion.

Peter Ker With major projects edging towards the end of the construction phase, thousands of workers are looking for new work in a much weaker economy.

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BHP Billiton has raised the death toll from the Samarco dam spill in Brazil

A farmhouse is buried in mud after the Samarco dam failure. BHP revealed that the death toll from the disaster had risen to 17, with two people still unaccounted for.

Peter Ker The number of people killed in the Samarco dam spill has been lifted, while BHP has promised to relocate affected people before Christmas

Win for Adani as environment minister Greg Hunt approves Abbot Point coal expansion

When finished, the export capacity of Abbot Point will rise from 50 million tonnes a year to 120 million tonnes a year.

Peter Ker Federal Environment Minister Greg Hunt has approved expansion of the Abbot Point coal terminal despite its proximity to the Great Barrier Reef

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CBA has ended BHP's five-year reign as the most traded ASX stock by value

Commonwealth Bank is set to be the ASX's most traded stock by value for 2015

Peter Ker Commonwealth Bank has become the most traded stock on the ASX by value, while Telstra shares attracted the biggest trading volumes of 2015.

Whitehaven Coal complaint with ASIC over use of IEA coal demand forecasts

Whitehaven Coal's market guidance is under question.

Peter Ker Whitehaven Coal is accused of misleading investors about coal's future in the face of stricter environmental laws.

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Lithium prices are soaring and Rio Tinto says it may start mining the commodity

Rio Tinto is looking to the future with its interest in becoming a lithium miner.

Peter Ker Rio Tinto is keen to mine lithium for car and battery manufacturers ... eventually.

Australia's export credit agency confident local firms will win Oyu Tolgoi work

Australia's export credit agency is confident that small Australian companies will win work on Mongolia's Oyu Tolgoi expansion.

Peter Ker Australia's export credit agency says the fact procurement work for Rio Tinto's Oyu Tolgoi expansion will be conducted from Brisbane gives local companies a good chance to win work on the project.