Peter Ker

Peter Ker

Minerals Council boss Brendan Pearson lashes 'responsible' super funds

Peter Ker Minerals Council chief Brendan Pearson has accused superannuation funds that limit fossil fuel investments of being distracted from the job of maximising financial returns for members.

Investment

Minerals Council boss Brendan Pearson lashes 'responsible' super funds

Peter Ker Minerals Council chief Brendan Pearson has accused superannuation funds that limit fossil fuel investments of being distracted from the job of maximising financial returns for members.

Mining

Top public servant Michael L'Estrange joins Rio Tinto board

Michael L'Estrange

Peter Ker Rio Tinto's long-held promise to increase the Australian representation on its board has been delivered this morning, with the announcement that Michael L'Estrange AO will become a director.

Green

AMP fund dumps fossil fuel investments

Bayswater Power Station in Hunter Valley.

Peter Ker Another big investor has decided to reduce its exposure to fossil fuels, with an AMP Capital fund lumping them in with pornographers, weapons manufacturers and producers of alcohol and tobacco.

IR

Rio Tinto chief Phil Edmands says Australia will slide into mediocrity without labour reform

Rio Tinto's Phil Edmands.

Peter Ker Rio Tinto's new Australian boss says the nation has reached a crossroads, and will slide into obscurity unless serious structural reforms are made.

Peter Ker

Lower royalties highlight Simandou deal

Iron Ore

Peter Ker Iron ore royalties paid by Rio Tinto and its partners in Guinea's Simandou project will be less than half those paid in Rio's Pilbara heartland, according to the details of a landmark framework...

Resources

Korean steel giant POSCO in pole position for NT project

Peter Ker A POSCO subsidiary has emerged as the likely future builder of TNG's Mount Peake vanadium project.

Resources

Port Hedland boom puts strain on union tug of war

Ships waiting to be loaded are seen near piles of iron ore.

Mathew Dunckley and Peter Ker The workplace dispute at Port Hedland is a complex beast but at its heart is a disagreement over the demise of the commodities boom.

Courts

Liu Han, Hanlong's disgraced owner, awaiting execution

Liu Han.

Peter Ker The owner of disgraced Chinese company Sichuan Hanlong has been sentenced to death.

Court

One-time Sundance suitor Hanlong's Liu Han sentenced to death in China

Liu Han, former chairman of Hanlong Mining.

Peter Ker The owner of disgraced Chinese company Sichuan Hanlong, Liu Han, has been sentenced to death in his homeland, according to reports.

Resources

Union strike reprieve for Port Hedland iron ore shipments

tugboat

Peter Ker, Julie-anne Sprague and Mathew Dunckley The prospect of a strike interrupting Australia's most lucrative export industry has been averted for at least 30 days, after the Maritime Union of Australia said it would not strike until late June...

Exports

Port Hedland tugboat strike threat reprieve

Bulk carriers take on iron ore at a loading facility in Port Hedland.

Peter Ker, Julie-Anne Sprague, Mathew Dunckley The prospect of a strike interrupting Australia's most lucrative export industry has been averted for at least 30 days.

Resources

Fortescue set to ask government to block Port Hedland strike

Port Hedland

Peter Ker Fortescue Metals Group has confirmed it is preparing to ask the Fair Work Commission to block a strike of tugboat workers at Port Hedland, and accused the workers of wanting to work just 22 weeks per...

Resources

New taxes won't slow Indian demand for gold, says Newcrest

Peter Ker Newcrest Mining chief Greg Robinson says the crucial Indian market for gold will not be dampened despite efforts by the Indian government to slow gold imports.

Resources

Miners target cost cuts as iron ore price at lowest level for two years

Iron ore mining

Max Mason and Peter Ker As the price of iron ore slipped below $US100 a tonne for the first time in nearly two years, miners said they would continue to focus on driving down costs.

Peter Ker

Australian miners prepared for iron ore slump

Rio Tinto's Bengalla coal mine.

Peter Ker A 25 per cent fall in iron ore prices will be felt by the miners, but there are a few reasons why this breach below $US100 per tonne is not as bad as the last venture into double figures in 2012.

Resources

Spotlight on Atlas as short sellers move in

A driverless haul truck

Peter Ker and John Kehoe Short sellers have switched their focus to Atlas Iron from the larger Fortescue Metals Group, as the benchmark iron ore price prepares to fall below the key $US100 a tonne mark for the first time in...

Energy

Bulk buyers of Bass Strait energy to get thin edge of gas pipe

Peter Ker The changing state of Australia's original oil and gas province is being played out in its pipes.

Resources

Mine laggards tempt investors with recovery

Peter Ker Poor performers nickel and aluminium are back on the radar, writes Peter Ker.

Metals

Nickel, aluminium show signs of revival

Aluminium

Peter Ker They've been the dregs at the bottom of the diversified miners' bottle for years, but nickel and aluminium are starting to show signs of life.