Peter Ker

Peter Ker

Miners' eyes turn to bright star Sirius

Rapid expansion of iron ore, gas and coal output will drive higher export earnings.

Peter Ker Life has changed pretty quickly for those involved with Sirius after last month's discovery of one of the most exciting mineral deposits in Australia.

Paladin seals $200 million deal, but boss still takes hit to salary

Paladin Energy's boss has revealed he will accept another year of reduced pay, despite securing a $200 million deal.

Peter Ker Resources Paladin Energy boss John Borshoff has revealed he will accept another year of reduced pay.

Rio Tinto warns on closures

Rio Tinto has warned it's big investors, it will not hesitate to shut down under performing assets.

Peter Ker Rio Tinto has told big investors it will not hesitate to close underperforming assets.

Rio Tinto sweats on power deal

SPECIAL 00000 Rio Tinto Hunter Valley 010803 photo by Peter Morris shows a coal train on route to Coal and Allied Mount Thorley Operations Coal Power Greenhouse Freightcorp

Peter Ker Rio Tinto and its partners in Mongolia's Oyu Tolgoi mine are running out of time to strike a power supply deal for the massive copper and gold project.

Paladin shares soar on uranium deal

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Ranger uranium mine in the Northern Territory.
generic commodities uranium industry mining trucks open cut mine******

Peter Ker Shares in Paladin Energy soar on a uranium supply deal, as investors see progress in the company's battle to meet looming debt obligations.

OZ Minerals profit tops expectations

A conveyor belt sifts copper deposits from waste at the OZ Minerals Ltd. Prominent Hill mine.

Peter Ker Copper and gold miner OZ Minerals has beaten analyst expectations with a net profit after tax of $119 million for the six months to June 30.

Hopes for harbour sinking fast

The big miner raised the money under a five-tranche bond issue.

Peter Ker Investors appear to have given up hope that BHP Billiton will approve its $20 billion outer-harbour project at Port Hedland.

Copper, silver strike helps Sabre Resources out of hole


Peter Ker Every drill hole counts when your bank balance dips down to $387,000. Happily for Sabre Resources, its latest drilling in Namibia looks set to leave it with plenty to count.

Sabre Resources triples on Namibian prospects

Peter Ker A small explorer named Sabre Resources is the talk of the market this afternoon, with shares tripling on promising drill results.

BHP to jettison $20b port expansion plan: analysts

Peter Ker The investment community appears to have given up hope that BHP Billiton will approve its $20b harbour project at Port Hedland.

Heavyweight investors leave Newcrest in the dark


Peter Ker Big investors give Newcrest boss no explanation for trimming their stakes in his company.

Newcrest profit buoyed by higher gold prices

The price of gold is soaring.

Peter Ker Newcrest has achieved a record profit for the second year in a row, posting a $1.12b profit, aided by higher gold prices.

Inpex finds 'bombs' on pipe route

Inpex's drilling rig in Western Australia.

Peter Ker Big gas company Inpex says it is working to maximise safety for the $34 billion Ichthys LNG project.

More shale pain for BHP with second US loss

BHP is again under pressure in the US courts over its shale gas production ventures.

Peter Ker The pain from BHP Billiton's shale gas acquisitions continues to deepen, with Petrohawk Energy posting a loss.

Price falls take their toll on Rio Tinto earnings


Peter Ker Rio Tinto has provided a snapshot of the extent to which commodity prices have cooled, with its earnings sliding 34 per cent due to lower rewards for almost all its products.

Miners report easing of skills shortage crisis

Fortesque Metals CEO Nev Power.

Peter Ker and Rania Spooner The crisis of labour shortages and high costs in Australia's resources sector may be past its peak, according to comments by big miners this week.

Rio Tinto profit soars above estimates


Peter Ker Resources giant Rio Tinto has beaten market expectations by reporting first-half underlying earnings of $US5.2b.

Fortescue $1.4b debt a 'buffer'

CEO Nev Power.

Peter Ker Fortescue Metals Group says that its surprise decision to borrow more money than it had forecast last month was a 'prudent' move that was designed to buffer the company against the pessimism that...

Fortescue in $1.5bn surprise

Peter Ker FORTESCUE Metals Group says its surprise decision to borrow more money than it forecast last month was a ''prudent'' move designed to buffer the company against the pessimism that continues to hamper...

Diggers kicks off with $426m gold deal

Diggers and dealers gold generic

Peter Ker Consolidation of the gold sector continues apace, with Silver Lake Resources launching a takeover bid for Integra Mining on the opening morning of the annual Diggers and Dealers conference in...