Peter Ker

Peter Ker

BHP flags $3.7 billion impairment on shale

Peter Ker BHP Billiton is set to write down the value of its US shale assets once again, after flagging a $US2 billion impairment on Wednesday.

Ex-Nathan Tinkler lieutenants move on copper miner Tiger Resources

A copper mine in the Democratic Republic of Congo.

Peter Ker Todd Hannigan and Tom Todd have been named as significant shareholders in Tiger Resources.

Clive Palmer urges firmer action against China over coal tests

Palmer United Party leader Clive Palmer addresses the media on his arrival into Canberra Airport on Sunday 8 February 2015. Photo: Alex Ellinghausen

Peter Ker Aspiring coal miner and federal MP Clive Palmer believes Australia should take a firmer approach to China's controversial new coal-testing regime and respond in kind with new tariffs on iron ore...

Traditional owners ask Abbott government to fix stand-off over Ranger uranium mine

Kakadu, Northern Territory

Peter Ker The Kakadu uranium miner faces a fresh blow as the traditional owners demand an end to mining at Ranger.

ERA keeps the Ranger dream alive

Peter Ker The uranium miner beside Kakadu National Park, Energy Resources of Australia, is still investigating ways to revive an expansion of the Ranger uranium mine despite its controlling shareholder stating...

Iron ore tipped to rebound after flash crash

The iron ore price has tumbled to a new six-year low.

Peter Ker A 29 per cent collapse in iron ore prices in the past fortnight is tipped to reverse quickly, ensuring a large chunk of the Australian economy remains in the grips of extraordinary volatility

Chinese steel is now cheaper than cabbage

Peter Ker Steel is now cheaper than cabbage in China, as weak demand and over-production continues to undermine the end market for Australian iron ore and coking coal.

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Coal habits die hard as Australian miners boost exports

Australian coal miners are growing exports

Peter Ker Australian coal exports are rising despite price weakness.

South32 and BlueScope bound for court as coal dispute stokes family feud between BHP spin-offs

South32 is contracted to supply coking coal to BlueScope's Port Kembla steelworks until 2032

Peter Ker South32 and BlueScope Steel will face off in the Supreme Court this week in a family fued between the two BHP spin-outs

One less seller in the market for South32 after BHP Billiton completes sell-down of unwanted shares

Peter Ker There is one less seller in the market for South32 after BHP Billiton completed a sell-down of unwanted shares in the new company.

BP cuts more Australian staff as oil prices slump

BP's recent strategy change for its downstream assets in Australia and New Zealand has prompted the cuts.

Peter Ker Barely 16 months after it "disestablished" 300 Australian jobs, oil and gas giant BP is cutting its Australian staff again.

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Rinehart brawl with Rio Tinto bound for High Court

Gina Rinehart ... The High Court is expected to hear appeals by her and Angela Bennett against Rio Tinto and Sinosteel in Perth during August.

Peter Ker Gina Rinehart's legal brawl with Rio Tinto over royalties is set for a third bout in the High Court next month.

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China Moly plumps for $US2 billion acquisition

CMOC has targeted copper in recent years.

Peter Ker Acquisitive miner China Molybdenum Company may be about to emerge as a rival for BHP Billiton in the race for Barrick's Zaldivar mine, after declaring its intention to complete a $US2.

Australian workers are starting to have their brains monitored in the workplace

The growing use of SmartCap comes as 'wearable technology' becomes increasingly popular in the retail space, with items like Fitbit allowing users to measure their heart rate, movement and sleep quality.

Peter Ker Data from caps worn by workers is used to alert them when they are likely to fall asleep.

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Reclusive buyer builds stake in ERA

Mr Magides has lifted his stake in ERA to 7.6 per cent in recent days.

Peter Ker A reclusive luxury lodge developer and former hedge fund manager is building his stake in the Kakadu uranium miner ERA, despite grave predictions about its future prospects.

Sandfire Resources shares soar on discovery of high-grade copper

Sandfire resources degrussa open cut copper mine in Western Australia on the 5th of August 2013 photo Dominic Lorrimer 

Peter Ker Shares in Sandfire Resources have hit a 10-month high in early trading after drilling found copper grades as high as 18.9 per cent.

ERA not seeking investors to replace Rio Tinto, says exiting chairman

Rio Tinto declared on June 12 that it was opposed to any future mining on the Ranger site and wanted to push ahead with rehabilitation.

Peter Ker The uranium miner beside Kakadu National Park has not sought to replace Rio Tinto with a more enthusiastic investor.

Rio Tinto's Mike Fitzpatrick on the RBA, BHP and managing a mining boom

Departing Rio Tinto director Mike Fitzpatrick.

Peter Ker Departing Rio Tinto director Mike Fitzpatrick says the Reserve Bank left interest rates ''too high for too long" during the mining boom, and is still "behind the curve''.

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Coal: is the future really black?

State-based Mining Councils have agitated for the charity status of environmental groups to be revoked.

Peter Ker Will action on climate change kill coal or will developing world demand sustain this increasingly controversial commodity?

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Kakadu uranium miner ERA loses half its board as limbo continues

The three resignations came after a week in which the company lost 73 per cent of its value and deferred a project that was its only hope of future mining at the Ranger site beside Kakadu.

Peter Ker The board of Kakadu uranium miner Energy Resources of Australia has been halved, after three directors quit the besieged company at the weekend.