Bill Peters graduated with a BSc (Hons) at the University of Western Australia in 1972. The next year was spent as a field geophysicist with McPhar Geophysics in Western Australia doing electrical surveys.

In 1974, he moved to South Africa and joined Anglo American Corporation working as a field geophysicist responsible for airborne and ground geophysical projects directed at uranium, diamonds and base metals in Botswana, Namibia and Zimbabwe for the Anglo American-De Beers group. Later he was responsible for geophysics in the Western Cape Province.

In 1980, Bill moved back to Perth, Western Australia to join BHP with responsibility for diamond exploration geophysics. This responsibility later included iron ore, gold and base metal exploration projects.

Bill moved to Sydney in 1982 as a consultant to the Canadian companies, Teck Explorations Ltd and DIGHEM Ltd, working mainly on helicopter electromagnetic surveys and ground EM surveys for base metals in Australia and Canada.

In 1983, he returned to Perth continuing consulting and then became a founding partner in Southern Geoscience Consultants in 1985. Subsequently he has consulted to hundreds of clients in many different geological environments throughout the world.

Bill is an active member of the ASEG, SEG, SAGA, AIG and a Fellow of the AusIMM.