Peter Ker

Peter Ker

Glencore may shut Murrin Murrin nickel mine in WA

Peter Ker Swiss miner Glencore says it might close more Australian mines if weak commodity prices persist, with the Murrin Murrin nickel mine in Western Australia the next probable candidate.

Rinehart's dream could be goodnight for BC Iron

BC Iron MD Morgan Ball has started a review of the company's Nullagine joint venture.

Peter Ker Junior exporter BC Iron has gone into a trading halt as its considers whether its flagship asset has a future amid depressed iron ore prices.

Two thirds of world's coal output is loss-making, Wood Mackenzie estimates

Coal miners are struggling under the fifth consecutive year of falling prices.

Peter Ker More than 65 per cent of world coal production, and about a third of Australia's coal output, operates at a loss, a study shows.

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Chinese miner MMG has warned it could wear up to $US800 million in impairments

MMG chief executive Andrew Michelmore has warned that impairments could affect this year's financial results.

Peter Ker Chinese miner MMG will wear up to $US800 million ($1.1 billion) in impairments on its coming financial results, including a charge on its Dugald River zinc, lead and silver mine in Australia.

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Anglo overhaul brings opportunities for acquisitive Rio Tinto

Anglo American has announced it will cut more jobs than exist in BHP Billiton.

Peter Ker A radical restructure of diversified miner Anglo American will see 85,000 jobs cut globally and may create an opportunity for an acquisitive Rio Tinto

Rio Tinto has reduced capital spending by more than $US1 billion

Rio Tinto boss Sam Walsh has decided to cut spending again.

Peter Ker Rio Tinto has cut capital spending by more than $US10 billion over the past three years, after revealed fresh spending cuts on Tuesday.

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Commodity crunch leaves miners gasping for air

BHP Billiton, Rio Tinto, Vale and Fortescue Metals Group may be the only profitable iron ore miners.

Peter Ker The commodities crunch has now squeezed so tight that few miners have breathing space at these levels.

Samarco dam spill hits Andrew Mackenzie's remuneration for the first time

BHP Billiton has altered its approach to long term incentives in the wake of the Samarco dam disaster in Brazil as CEO Andrew Mackenzie has discovered.

Peter Ker BHP boss Andrew Mackenzie has suffered his first personal penalty in relation to last month's Samarco dam disaster

Australian Bauxite's first exports delayed by Malaysian bauxite surge

Australian Bauxite Limited has revealed the true reason for the lengthy delay to its first shipments.

Peter Ker Aspiring exporter Australian Bauxite Limited (ABX) has clarified the real reason its maiden shipment from its first mine in Tasmania has been delayed.

Sam Walsh says internal candidates to be preferred in Rio Tinto succession plan

Peter Ker Rio Tinto directors would prefer their next chief executive to come from within the company, according to the incumbent Sam Walsh

The renaissance of Rio Tinto has Sam Walsh smiling

Sam Walsh says Ivan Glasenberg's claim that he never approached Rio Tinto about a merger is

Peter Ker Three years after Sam Walsh was rushed into the top job at Rio Tinto, the company has become the mining industry's top pick

Mergers and acquisitions are back on the agenda for Sam Walsh and Rio Tinto

Rio Tinto chief executive Sam Walsh says the company has rediscovered its momentum.

Peter Ker Rio Tinto is on the lookout for opportunities to acquire assets from 'distressed players' while prices are low.

Rio Tinto's Sam Walsh urges Australia to look to Asia for tax lessons

Peter Ker Rio Tinto chief executive Sam Walsh has joined the chorus of business leaders calling for Australia's corporate tax rate to be lowered.

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'Immediate' Samarco fines may further challenge BHP Billiton's cashflow

Peter Ker A portion of the huge fines levelled against BHP Billiton and Vale this week may need to be paid in advance, as the fallout from the tragic Samarco disaster continues.

BHP to cut 36 per cent of jobs at Olympic Dam under plan to raise productivity

Copper prices are tipped to rise around 2018 or 2019.

Peter Ker BHP Billiton says South Australia's Olympic Dam mine will produce more than 200,000 tonnes per year sustainably by 2016 and reach 220,000 tonnes annually by 2019.

Coal mine safety is under the spotlight again amid reports of 'black lung' cases

The first cases in 30 years of a debilitating coal miners' disease called

Peter Ker The number of coal mines with elevated levels of coal dust has soared over the past three years, amid reports a coal miners' disease called "black lung" has re-emerged for the first time in decades.

Royalty company Anglo Pacific eyes bigger presence in Australian mining

Anglo Pacific chief executive Julian Treger is keen to set up more royalty deals in Australia.

Peter Ker Anglo Pacific's business model is focused on royalty deals, which typically means the company purchases the rights to between 1 per cent and 15 per cent of revenue generated by particular mines.

Coal miners put out 'high-vis' to protest against Drayton ruling

Workers have staged a protest over the Drayton mine decision.

Peter Ker Coal miners in the Hunter Valley have taken a familliar approach to protest against the demise of Anglo American's Drayton coal mine.

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Clive Palmer's company Mineralogy accused of lodging vexatious lawsuit

Peter Ker Clive Palmer's flagship company Mineralogy has hit a brick wall in its latest legal attempts to order its Chinese partner to pay royalties.

Gina Rinehart's Roy Hill project's first shipment 'imminent'

An iron ore carrier is on its way to collect the first shipment from Gina Rinehart's Roy Hill project.

Tess Ingram and Peter Ker An iron ore carrier is on the way to collect the first shipment from the $10 billion Roy Hill project.

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