Peter Ker

Peter Ker

Fortescue eager to restart Kings project

Peter Ker FORTESCUE Metals Group has given strong indications it will resume parts of its expansion program that were put on hold and complete them within 12 months.

Rio's ore arm beats records, predictions

Rio Tinto, generic Pilbara Operations, Iron Ore West Angelas Mine.   Sunday 19th February 2012 AFR photo Louie Douvis job# 157454

Peter Ker Rio Tinto's flagship iron ore business has beaten expectations by delivering record volumes of the steel-making ingredient during the past three months.

Fortescue talks up halted projects

A resurgent iron ore price should allow Fortescue to push back against its banks and avoid breaching covenants.

Peter Ker Fortescue's moment of hesitation looks set to be fleeting, with the company giving strong indications that its expansion program would be resumed.

Deja vu for Rio over its stake in Oyu Tolgoi

SMH NEWS/BUSINESS 18 February 2011. Worker holding a turquoise rock taken from Turquoise Hill where they first discovered copper. Oyu Tolgoi mine. Provided by Rio Tinto, for John Garnaut Mongolia piece.

Peter Ker The Rio Tinto subsidiary in charge of the huge Oyu Tolgoi mine project this morning confirmed that it had rejected another Mongolian government request to renegotiate the investment agreement.

Mining giants BHP and Fortescue worlds apart on finance front

Iron Ore Mine

Peter Ker Pilbara neighbours Fortescue and BHP Billiton are a long way apart on the cost of finance.

Fortescue finds deeper in debt can be better

Too much debt is never enough for the Fortescue Metal Group.

Peter Ker It seems investors will be happy to see the iron ore miner increase its debt refinancing.

Investors cheered by Fortescue debt moves

The sell-down in Fortescue Metals continued yesterday with the iron ore producer hitting a three-year low.

Peter Ker Too much debt is never enough for Fortescue Metals Group, but it seems most investors and analysts will be happy to see the iron ore miner increase the size of its debt refinancing over the next 24...

BHP, Exxon move on Scarborough gas

A Chesapeake Energy Corp. natural gas rig stands in the North Texas Barnett Shale bed rock deposit near Burleson, Texas, U.S., on Monday, March 16, 2009. About 45 percent of U.S. natural gas rigs have been shut since September, which means fourth-quarter gas production will tumble 5.2 percent, faster than the 1.9 percent decline in use, the Energy Department forecast. Photographer: Matt Nager/Bloomberg News

Peter Ker The two companies appear to have hastened work around the field in recent times.

Too much gas, no fracking sense: Exxon boss

Coal fracking

Peter Ker Exxon Mobil has urged Australians to pay more attention to the opinions of experts in the debate over coal seam gas.

Fortescue's slide burns $35m hole in exec's pocket

fortescue cloudbreak

Peter Ker HIS pay packet is technically the biggest at Fortescue Metals, but the reality is a lot less encouraging for Peter Meurs.

Rio Tinto still in negotiations to flick Oyu Tolgoi switch

Mining

Peter Ker RIO Tinto insists the ancient rivalry between Mongolia and China is not contributing to delays in sourcing a crucial power link for the company's most important growth project.

Power link delays Rio project

Peter Ker Rio Tinto insists ancient Mongolian-Chinese rivalry is not contributing to delays on its most important growth project.

Fortescue share plan's disaster on-high

His pay packet is technically the biggest at Fortescue Metals Group, but the reality is a lot less encouraging for Peter Meurs.

Peter Ker His pay packet is technically the biggest at Fortescue Metals Group, but the reality is a lot less encouraging for Peter Meurs.

Fortescue's Meurs scores biggest pay package

A resurgent iron ore price should allow Fortescue to push back against its banks and avoid breaching covenants.

Peter Ker He took home more than $3 million in total remuneration this year, but Fortescue chief executive Nev Power has been shown up by at least one member of his executive.

Arrium sells NZ asset for $73m

steel

Peter Ker Takeover target Arrium has freed up cash to help it fend off its corporate predator.

Rio chief warns of job cuts

Rio Tinto Chief Executive Officer Tom Albanese.

Peter Ker Rio Tinto will increase its global cost-cutting drive and reduce spending on new projects.

BHP makes rare return with $1bn bond offer

Mining giant BHP Billiton.

Peter Ker BHP returned to the Australian bond market for the first time in 11 years yesterday.

Arrium shores up defences through asset sale

Investors continue to rush for shares in Arrium as expectations grew that a takeover offer would soon be sweetened.

Peter Ker Steel and iron ore producer Arrium has freed up cash to help it fend off a corporate predator, by selling a minor asset in New Zealand.

Costs blow out at Aquila's iron ore project

Areas such as the Pilbara may feel the effects of lower iron ore prices that are created by an increase in supply from Africa.

Peter Ker Aquila Resources' plan to build a major iron ore project in Western Australia's Pilbara region has suffered a setback, with cost estimates blowing out by $1.4 billion.

Arrium shares flying after takeover bid sparks investor interest

BlueScope Steel

Peter Ker Investors have challenged a foreign consortium to improve its $1b takeover bid.