News Articles

Mining 18 Oct 2021

Atlas Iron pursues Sanjiv expansion

Hancock Prospecting's Atlas Iron is progressing plans to expand its Sanjiv Ridge iron ore project, with the EPA reviewing the development of a satellite mine to boost production.

Mining 12 Oct 2021

Wright Prospecting's profit jumps to $273m

Privately-owned Perth company Wright Prospecting has posted yet another extraordinarily large annual profit as it reaped the benefits of the booming iron ore market.

Mining 08 Oct 2021

Smaller miners face squeeze on costs

Analysts argue iron ore prices won't have to fall far to inflict pain.

Mining 07 Oct 2021

Hope for call on crucial port rights

Resources companies hope a decision on Port Hedland's South West Creek development is imminent, helping unlock higher iron ore exports.

Mining 08 Sep 2021

Court rejects Hancock application

The Supreme Court has dismissed an application by Hancock Prospecting for a separate trial over ownership of lucrative iron ore tenements in the Pilbara.

Mining 29 Jun 2021

Tough hurdles for new iron miners

The surge in iron ore prices over the past three years has delivered some spectacular returns for investors.Fortescue Metals Group – a pure-play iron ore stock – and Mineral Resource

Agribusiness 22 Jun 2021

Rinehart invests $15m in Little Green Pharma

Hancock Prospecting will own a 10 per cent stake in Western Australian medicinal cannabis company Little Green Pharma after participating in a $27.2 million capital raising.

News 04 Jun 2021

Hancock pushes SAS fund donations to $1.6m

Hancock Prospecting has backed a $1 million personal donation to the Special Air Services Resources Fund by its executive chair Gina Rinehart with a further $500,000 contribution to the special vehicle to support Australia's elite soldiers.

Government 19 May 2021

Loss as personal as it is public for defeated MPs

Where will dozens of departing members of state parliament find themselves in the months ahead?

Mining 22 Apr 2021

Crunching numbers on iron ore returns

With the big iron ore miners continuing to make record profits, is the WA community getting a fair return?

Mining 10 Mar 2021

Roy Hill appoints new CEO

Roy Hill Holdings has announced a new leadership structure, with Barry Fitzgerald taking a board role and Gerhard Veldsman being promoted to chief executive.

Mining 10 Mar 2021

Rhodes family joins rich list

A low-profile WA family that has amassed a $300 million fortune from iron ore royalties has come to prominence by developing a head office in West Perth.

Mining 03 Mar 2021

Atlas Iron progresses McPhee Creek mine plans

Hancock Prospecting's Atlas Iron has taken a major step towards launching its McPhee Creek Iron Ore project, referring the proposal to the EPA this week.

Deals 04 Feb 2021

Rinehart invests in green lithium project

Local lithium play Vulcan Energy Resources has secured a cornerstone investment from Gina Rinehart's Hancock Prospecting, as part of a $120 million placement.

Mining 03 Feb 2021

Big shifts among WA's top players

The ranking of WA's largest private companies has changed dramatically over the past decade.

Mining 16 Dec 2020

Iron ore, property drive wealth for state’s highest flyers

The updated WA ‘rich list' shows the state's iron ore magnates are moving far ahead of people who made their money in other industries.

Mining 20 Nov 2020

Atlas earnings surge in FY20

Atlas Iron more than doubled its earnings this past financial year to $510 million, helped by increased production and a strong iron ore price.

Mining 13 Nov 2020

Roy Hill a huge export earner

Roy Hill sales hit $6.4 billion in the year to June, with the company reporting payment of more than $900 million in taxes.

Mining 04 Nov 2020

Hancock’s full-year profit grows 56%

Gina Rinehart's Hancock Prospecting has grown its net profit to about $4 billion, while the group's largest revenue earner repaid its entire debt over the financial year.

Mining 29 Oct 2020

Rinehart tops AFR rich list

Mining magnate Gina Rinehart has become Australia's richest person after her net worth jumped 109 per cent to nearly $29 billion.

Mining 21 Oct 2020

Exporters surge, hurdles loom

Expansion plans are in the works for some of WA's biggest exporters, but commodity prices and projects face uncertainty.

Mining 14 Oct 2020

Rinehart claims historic win at Diggers & Dealers

Gina Rinehart has made history, becoming the first woman to win the GJ Stokes Memorial Award at Kalgoorlie's Diggers & Dealers mining forum.

Mining 19 Aug 2020

MinRes chasing more growth

Mineral Resources has reported a strong lift in earnings and dividends and outlined plans to double iron ore exports if it gains approval for a new port development.

Cultural Industries 14 Apr 2020

Funding boost for charities

The federal government will provide $100 million to more than 300 charities, Minderoo Foundation committed $5 million to community initiatives, and Gina Rinehart donated $6 million to the Royal Flying Doctor Service of Australia over the weekend to help charities meet increased demand.

Contracts 17 Mar 2020

Atlas contracts MACA for Corunna Downs

Hancock Prospecting subsidiary Atlas Iron has awarded a $38 million contract to MACA for early civil work at the Corunna Downs iron ore project in the Pilbara, nearly two months after it was a

Mining 12 Feb 2020

Autonomous truck deal for Roy Hill

Iron ore miner Roy Hill Holdings is taking a further leap into the world of autonomous mining, selecting Epiroc and ASI Mining to convert its fleet of 77 trucks from manned to driverless use.

Mining 10 Feb 2020

Wright family in court over iron ore fortune

Julian Wright has commenced legal action in the Supreme Court, claiming he was defrauded when he sold his share of the family company to his siblings, 'rich listers' Angela Bennett and the late Michael Wright.

Special Reports 03 Feb 2020

Private companies deliver strong growth

Private companies and not-for-profit businesses play a prominent role in the West Australian economy, with annual revenue at the top 20 exceeding $32 billion, according to data compiled by Business News.

Mining 20 Jan 2020

Atlas gains approval for Corunna Downs

Atlas Iron is planning to start development of its Corunna Downs iron ore project in the Pilbara by mid-year, at a cost of around $50 million, after the Environmental Protection Authority recommended approval.

Mining 17 Jan 2020

$10bn tax bill for resources

Nine WA-linked resources businesses are ranked among the country's top 20 corporate taxpayers, despite a widespread perception the industry does not pay its way.

News 13 Dec 2019

CloudKitchens plans to eat into market share

OPINION: A new US meal-delivery model could make its way to Australia.

Deals 27 Nov 2019

Catalyst to raise $8m

West Perth-based Catalyst Metals has received commitments to raise $7.9 million through a share placement, backed by Gina Rinehart's Hancock Prospecting, to accelerate its Four Eagles and Tandarra gold projects in Victoria.

News 27 Nov 2019

Rinehart, MacTiernan go head-to-head

Two of WA's most influential women presented competing views on the role of government at a recent agribusiness forum.

Mining 01 Nov 2019

Rinehart’s profits keep on rising

Gina Rinehart's Hancock Prospecting and its subsidiary Roy Hill Holdings have delivered bumper profits off the back of higher iron ore prices, with Hancock posting a profit of $2.6 billion for the year to June 2019.

Mining 29 Oct 2019

Lawrenson joins Paladin board

Uranium miner Paladin Energy has appointed Cliff Lawrenson as its non-executive chairman, after Rick Crabb announced his intention to step down from the role.

Mining 18 Sep 2019

Rinehart’s $340m potash investment in strife

Gina Rinehart's Hancock Prospecting may have to pour more funds into the severely cash-strapped UK-based Sirius Minerals, after the company shelved a $US500 million bond issue for a multi-billion dollar potash project in the UK, blaming factors such as a lack of government support and Brexit uncertainty.

Hancock passes 85% in Riversdale takeover

Mining 08 May 2019

News Articles for Hancock Prospecting

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark