A lawyer for Wright Prospecting claims Gina Rinehart and her father Lang Hancock knew disputed Pilbara tenements were held on behalf of the Hancock and Wright partnership since the mid-1980s, a court heard today.
Dozens of lawyers have filled a courtroom for the start of a legal showdown between descendants of mining pioneers Lang Hancock and Peter Wright over billions of dollars in iron ore royalties.
Descendants of two WA mining pioneers are gearing up for a legal battle more than a decade in the making over iron ore royalties believed to be worth billions of dollars.
In this podcast Mark Beyer and Mark Pownall discuss Scyne Advisory, Aravina Estate, Primero and Wood wins, Centurion expands, house prices, interest rates, Hancock, Arbor Centre, architects and corporate finance.
Thick pegmatites, including one stretching more than 120m, have boosted St George Mining's lithium search at its Mt Alexander project in WA, as it attempts to define a bigger lithium system. Management says its project confidence is growing after assay results from its recent drilling program at its Jailbreak prospect also confirmed multiple lithium-bearing pegmatites, with a peak value of 1.28 per cent lithium.
Gina Rinehart's company has struck a joint venture with two explorers focused on a new lithium development against the backdrop of the billionaire's recent meeting with the Indian Prime Minister.
Speculation of a tie-up between two companies in an emerging lithium province scoped by Hancock Prospecting has surfaced after the pair entered a trading halt flagging a joint venture announcement.
A court has rejected Gina Rinehart and her company Hancock Prospecting's claims that giving her children access to certain documents would significantly prejudice the mining magnate.
The pipeline of big resources projects in WA increasingly features complex processing plants, despite a spate of large cost blowouts on projects currently under way.
Chris Ellison-led Mineral Resources has moved to a compulsory acquisition of its Perth Basin partner Norwest Energy after securing a more than 90 per cent stake in the company.
Western Australia's resources industry has smashed another annual record, with weaker iron ore prices made up for by the state's flourishing lithium sector and soaring oil and gas prices.
Gina Rinehart's Hancock Agriculture has sold four cattle stations under its S Kidman & Co portfolio, which is shared with joint venture partner Chinese-owned CRED Pastoral.
Gina Rinehart's Hancock Prospecting has backed Catalyst Metal's $22 million placement to accelerate exploration activities in the Plutonic-Marymia gold belt, subject to an acquisition.
Rationalisation of WA's domestic gas sector has taken another step with Mineral Resources securing control of its joint venture partner Norwest Energy.
Hancock Prospecting may have secured the lead it needs to edge out Strike Energy in the fight for Warrego after Mineral Resources sold its stake in the target.
John Poynton-chaired Strike Energy says it will not improve its scrip offer currently before undecided Warrego Energy investors, with the course of the takeover attempt still hanging in the balance.
Hancock Prospecting has extended the acceptance period for its Warrego Energy bid by 10 days as it trumpets the support of another major shareholder in the target.
Kerry Stokes-backed Beach Energy has reported a drop of more than 10 per cent in its estimated Perth Basin gas reserves after undertaking a drilling campaign at Waitsia.
Our weekly appointments wrap includes Simona Chady, Anna Reece, Iain Grandage, Dan McAulley, Donna Nelson, Sandra Eades, Mike Nelson, Paul Laybourne, Lance Malone and Mark Ritter.
Chris Ellison's Mineral Resources has said its 19.2 per cent stake in Warrego Energy is “strategic”, and claimed gas assets in the Perth Basin are now overpriced.
Chris Ellison-led Mineral Resources has increased its stake in Warrego Energy to 19.2 per cent boosting its capacity to determine the final outcome of the takeover battle.
Joint venture partners Strike Energy and Talon Energy's Walyering gas field development in the Perth Basin is one step closer to becoming operational after receiving its production license.
Warrego Energy bidders Hancock Prospecting and Strike Energy have traded blows over the takeover battle for the Perth Basin gas play after Strike's off-market bid opened.
The Norwest Energy board has recommended its shareholders reject Mineral Resources' takeover offer, claiming the $403 million bid was “opportunistically timed”.
UPDATED: Warrego Energy has taken the unusual step of publicly criticising the two bidders for the company while Mineral Resources has revealed a 16 per cent stake.
Gina Rinehart's Hancock Prospecting has launched what is effectively the seventh takeover bid for Warrego Energy in the space of two months, jacking up its offer price by 29 per cent.
Shares in Warrego Energy jumped late today on heavy trading with Chris Ellison's Mineral Resources believed to have joined the takeover battle for the Perth Basin gas play.
Senex Energy's $1 billion Atlas gas development has moved to the next stage of approvals as the company reconsiders expansion plans following major government intervention in gas markets.
Jordan Murray covers the latest from Hancock Prospecting's bid for Warrego Energy and fresh data from the Australian Bureau of Statistics and CoreLogic.
