Peter Ker

Peter Ker

Korean group in $1 billion bid for Arrium

The foreign consortium seeking to take over Arrium believes it can turn the politically sensitive Whyalla steel mill into an 'internationally competitive' operation.

Peter Ker The foreign consortium seeking to take over Arrium believes it can turn the politically sensitive Whyalla steel mill into an 'internationally competitive' operation.

BHP prioritising overseas projects

Iron ore

Peter Ker Speculation that a potash project in Canada has leapt ahead of major Australian projects in BHP's order of preference have been reinforced by new documents released today.

Korean steel giant takes aim at Arrium

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Peter Ker Posco joins a consortium trying to take over Arrium - the Australian steel maker once known as OneSteel.

Cortona, Unity team up to create $90m miner

Unity's Henty mine in Tasmania.

Peter Ker The recent wave of stimulus spending in the US looks set to help Unity Mining in its pursuit of fellow Australian goldminer Cortona Resources.

Cortona, Unity join forces to make $90m gold miner

Weiss Asset Management has struck a goldmine.

Peter Ker Unity Mining boss Andrew McIlwain keeps his promise of movement by Christmas as gold play mergers with Cortona Resources.

Chinese stimulus no panacea, miners warned

Australian iron-ore miners should not expect China's stimulus to revive their once-flying sector.

Peter Ker Australia's iron ore miners should not expect Chinese stimulus to revive their once high-flying sector, with a senior Chinese official saying that recent promises to spend $150 billion on...

Confident OZ chief grabs more shares

Terry Burgess

Peter Ker Terry Burgess dusted off his wallet as soon as the Olympic Dam project was mothballed.

RBA says boom still blooming

The RBA has hosed down claims the resources boom is over.

Clancy Yeates and Peter Ker The Reserve Bank has hosed down claims that Australia's resource boom is over.

Iron ore price slide will continue, say experts

Iron ore mining

Peter Ker A dramatic slump in benchmark iron ore prices has seen the bulk commodity slip below $US100 per tonne today, and experts believe it could continue falling below $US80 per tonne before it starts...

Flush Fortescue vows to plough ahead

FMG defies the cautious attitude of BHP and says iron ore expansions look 'very, very attractive'.

Peter Ker FMG defies the cautious attitude of BHP saying iron ore expansions look 'very, very attractive'.

Taxes a drag on coal, Kloppers warns investors

Coal

Peter Ker, Paddy Manning BHP Billiton head Marius Kloppers has told European investors that Australia's carbon and mining taxes have helped to render the nation's coal industry unworthy of further investment at this time.

Taxes a drag on coal, Kloppers warns investors

Marius Kloppers tells European investors that Australia's carbon and mining taxes help to render the nation's coal industry unworthy of further investment.

Peter Ker and Paddy Manning Marius Kloppers tells European investors that Australia's carbon and mining taxes have helped to render the nation's coal industry unworthy of further investment.

BHP looks at wider horizons

Marius Kloppers looks to broaden BHP's horizon and focus elswhere from iron ore.

Peter Ker Divisions such as petroleum and copper set to benefit from BHP Billiton's fading love with iron ore.

Flush Fortescue vows to plough ahead

Fortescue

Peter Ker FORTESCUE Metals Group has defied the cautious attitude of its Port Hedland neighbour BHP Billiton and says iron ore expansions look ''very, very attractive''.

Fortescue's Power rejects 'boom over' talk

Fortescue Metals Group

Peter Ker Fortescue Metals Group boss Nev Power rejects suggestions the mining boom is over.

Fortescue rebounds on 53% profit jump

Andrew Forrest.

Peter Ker Fortescue Metal shares advance after the company raised its net profit by 53% even as iron ore prices slumped.

BHP project delays to hit smaller players

Mining

Peter Ker BHP Billiton's decision to mothball more than $US60b in expansion projects is likely to cause further investor action.

BHP's Olympic failure leaves $50bn hole

BHP Billiton's iron ore loading facility in Port Hedland will not be expanded.

Peter Ker and Clancy Yeates Australia's biggest resources companies have revealed that more than $50 billion worth of expansion projects have been mothballed.

Shareholders take bigger slice as BHP profits fall

(FILES) This undated file handout photo released by BHP Billiton on February 9, 2012 shows the copper/uranium/gold/silver processing plant near the Olympic Dam mine in South Australia. Global miner BHP Billiton on August 22, 2012 unveiled a 34.8 percent dive in annual profit to USD15.42 billion and delayed a key project, citing weakness in commodity prices and cost pressures. The world's biggest miner said it would put off expansion of its massive Olympic Dam project in Australia after a 15 percent plunge in underlying earnings due to softer prices for most of its products through 2012.  --- EDITORS NOTE --- RESTRICTED TO EDITORIAL USE MANDATORY CREDIT

Peter Ker Major shareholders in BHP Billiton appear to have won their long battle to win a greater slice of profits, with returns to shareholders rising 11 per cent in the same year the company's profit...

Olympic Dam on hold as boom peaks

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Peter Ker, Clancy Yeates AUSTRALIA'S biggest resources companies have revealed that more than $50 billion worth of expansion projects will not go ahead as planned, in the latest sign that the peak of Australia's resources...