Peter Ker

Peter Ker

Rio Tinto shares are about to surge - this graph shows why

Peter Ker Rio Tinto shares have taken on a certain degree of predictability.

Big miners' dividends a little too 'progressive' for the times

BHP and Rio Tinto may be forced to use debt to pay their 'progressive' dividends.

Peter Ker Is this the year shareholders fall out of love with BHP and Rio over dividends?

$900m acquisition positions OceanaGold for low gold price era

OceanaGold said the combined entity would be

Peter Ker OceanaGold believes it can form the world's lowest-cost gold producer if shareholders of Romarco Minerals agree to its $C856 million takeover offer announced overnight.

Zaldivar not on menu for BHP, Rio

BHP Billiton's Escondida copper mine

Peter Ker Barrick sells stake in Zaldivar copper mine to Chilean miner Antofagasta.

Blackrock's Evy Hambro says mine closures set to accelerate

BlackRock mining boss Evy Hambro says iron ore and coal are looking

Peter Ker BlackRock's mining boss Evy Hambro says miners will have ''tough decisions'' to make in coming months as market conditions remain weak

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OceanaGold in trading halt ahead of 'business combination' announcement

OceanaGold is in a trading halt.

Peter Ker Australia's gold sector could be set for more mergers and acquisitions activity, with OceanaGold going into a trading halt on Thursday.

BHP Billiton move 'breaches' FIRB spirit

BHP Billiton's treasury functions moving to London is a worry says Victoria's shadow treasurer Michael O'Brien.

Mathew Dunckley and Peter Ker BHP Billiton's move to shift its treasury functions breaches the 'spirit' of the conditions the federal government applied when the mining giant was born as part of a merger in 2001.

MMG to save $US100m on Queensland zinc mine by avoiding boom-time rush

A truck hauling zinc ore at Century mine, earmarked for closure this year.

Peter Ker MMG will push ahead with a Queensland zinc mine at a time when other resources are struggling.

BHP treasury unit to shift to London

The shift will resolve the recent reduction of BHP staff in London, where some of the miner's biggest shareholders, including BlackRock are based.

Peter Ker BHP Billiton will shift its Treasury functions to London, despite the Australian Government's approval of its 2001 merger with Billiton requiring most of executive's 'key support functions' to be...

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Australian acquisition next on the agenda for Indian gold baron

Peter Ker The Indian gold baron who paid $274 million for one of the world's largest gold refineries on Monday insists that an Australian acquisition is next on his agenda.

Atlas Iron shares slide after return to trading

Atlas shares resumed trading 8.6¢ lower at 3.4¢ just after 10am on Monday.

Peter Ker and Tess Ingram Atlas Iron shares have resumed trading after a 16 week suspension, and short sellers could have an influence on the stock in early trading.

Fortescue backs BHP Billiton's tugboat plan to stop iron ore being 'held to ransom'

Mining companies are diversifying their tugboat options to avoid a repeat of 2014's workplace dispute at Port Hedland.

Peter Ker Fortescue Metals' Nev Power has praised a plan by the miner's bitter rival BHP Billiton to introduce a second tugboat player in Port Hedland.

Gold giant Newmont keen to expand NT mine despite sliding prices

Mining major Newmont believes its Tanami expansion is viable despite the recent slump in gold prices.

Peter Ker Gold major Newmont says its Tanami expansion in the Northern Territory will be viable even if gold prices continue to slide.

FMG ponders a future without growth as iron exports plateau


Peter Ker FMG grew iron ore exports 33 per cent in fiscal 2015 and expanded more quickly than BHP and Rio Tinto

Newcrest lifts gold and copper production, meets guidance

Newcrest has met production guidance for the ninth quarter in a row.

Peter Ker Newcrest is keen to show that times have changed, meeting production guidance for the ninth quarter in a row.

BHP to open new coal mine in Borneo amid concern for orangutans

BHP says no orangutans have been found on its leases but environmental groups believe the project will destroy habitat for the endangered animals.

Peter Ker BHP will risk the ire of environmental campaigners and orangutan lovers by starting a new coal mine in Borneo.

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BHP spending cuts start to take their toll

BHP Billiton has reported strong iron ore exports from the pilbara

Peter Ker BHP Billiton will grow iron ore exports by seven per cent over the next year, but production of oil, gas, copper and coking coal will slide

BHP to spend $325m on iron ore tug works

The funds will be used to purchase six tug boats and build a new tug harbour in the Port Hedland port.

Peter Ker BHP Billiton plans to spend $240 million upgrading its marine iron ore facilities in Western Australia.

Copper production soars as OZ builds acquisition war chest

OZ Minerals is producing the red metal at a faster rate than needed to achieve its full-year production guidance of between 110,000 and 120,000 tonnes of copper.

Peter Ker OZ Minerals is unfazed by the promise of stronger copper prices later this decade, and it's trying to generate cash as fast as possible to fund an acquisition.

Iran oil claims overstated: RBC

RBC predicts Brent will average $US70 per barrel in 2016 and fetch $US90 per barrel longer term.
AFR 04-09-2013

Peter Ker Iran has been accused of hyperbole over claims it will add 1 million barrels of oil into global markets per day once it is free of sanctions, according to one of the world's top commodities analysts.