News Articles for Gina Rinehart

NRW to commence full works at Roy Hill

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NRW Holdings has been given the green light by Gina Rinehart's Roy Hill Holdings to commence the full work program under a $67 million contract first announced in April.

Rio posts iron ore record, reviews growth options

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Rio Tinto has boosted its global iron ore production to a record level during the June 2013 quarter, as it reviews new options to achieve its growth target at its Pilbara operations. Rio has also disclosed the high cost of a legal dispute with Gina Rinehart's company Hancock Prospecting.

Business as usual in wielding of influence

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THE near certainty of a Coalition government being elected in September, and the single-handed control of state leader Colin Barnett, have reshaped Western Australia's 2013 Most Influential list –

End nears for dollar’s dazzler days

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IT'S easy to get excited about what's happening in the fast-moving world of currency values but it's wrong to describe what's happening as a ‘war', because it's not; what's going on is simply econo

$71m Roy Hill deal for Decmil

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Engineering and construction contractor Decmil Group will construct port and rail facilities for Gina Rinehart's Roy Hill iron ore mine in the Pilbara, under a $71 million contract announced today.

Highly regulated business environment stifles entrepreneurial risk taking

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The leaders of some of WA's top private businesses say overregulation is stifling the development of an entrepreneurial culture in Australia.

Parsons Brinckerhoff joins Roy Hill as consultant

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Engineering group Parsons Brinckerhoff has signed on as a project management consultant at Gina Rinehart's $10 billion Roy Hill iron ore development in the Pilbara.

Rinehart sells $150m MinRes stake

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Australia's richest woman Gina Rinehart has made a profit of about $60 million after selling her stake in diversified miner and contractor Mineral Resources.

Rinehart reveals company profits

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Gina Rinehart's private company Hancock Prospecting Pty Ltd has belatedly revealed the scale of its income and profits by lodging annual returns for 2010 and 2011 with the Australian Securities and

Former foreign minister joins Roy Hill board

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Former foreign Minister Alexander Downer has joined the board of Gina Rinehart's Roy Hill Holdings as an alternate director.

Investment spread eases pain of losses as volatile market bites

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The value of shares held by some of the biggest names in mining have slumped along with the companies they lead, but there are pockets of good news in what has been a tough year on the markets.

Gina Rinehart: the whole story

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Hancock Prospecting chair Gina Rinehart caused a stir last week when she suggested the minimum wage be cut and called for people who are jealous of the wealthy to socialise less and work harder.

Baulked Beijing and overexuberance may have drained finance sector’s momentum

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WITH some experienced campaigners suggesting the current mergers and acquisitions market is the worst they have ever seen, there is plenty of finger pointing to overly exuberant deals of the past f

Stokes picks Voelte to navigate media turmoil

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WHEN Don Voelte stepped down as Woodside Petroleum CEO last year there was little indication he planned to do much more than use his board membership at Seven West Media as an excuse to regularly v

Today's Business Headlines

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Swan attacks Rinehart on Fairfax move – The Fin; G20 row over euro debt crisis – The Fin; Barnett blasts Liberals' choice -The West; Rate cuts in the balance between home and away – The Aus; Atlantic asks state for royalties relief – The West

Today's Business Headlines

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ALP eyes clamp on right to strike – The Aus; Pipe down, EC chief tells Gillard – The Aus; Perth petrol prices head for year lows – The West; Rinehart stalks ailing Fairfax – The West; Weld Range wins approval of environment watchdog – The West

Uncertain investment environment puts pressure on local and multinational players

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AS the world enters its fifth year of economic turbulence and even the best-insulated businesses in Western Australia are being affected, the factors that determine business influence in this state

Resources giants maintain position as local pretenders become premiership contenders

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Most of the power and influence in WA is concentrated in the political and resources sectors.

Iron ore magnate slips away quietly

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Michael Wright challenged the public's view of the average mining billionaire.

Analysis: why Lang’s trust has undone Gina’s privacy

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Gina Rinehart wants to be like building magnate Len Buckeridge. The BGC boss never has to tell the world how much money he makes, but ASIC is telling Mrs Rinehart she has to.

Rinehart fights ASIC to keep finances private

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Gina Rinehart's private company made a net profit of $225 million in the 2009 financial year, and she is trying very hard to stop the public finding out how much profit she has made since then.

Rule joins Paladin, Korte to Roy Hill

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Paladin Energy has appointed former Mount Gibson Iron chief financial officer Alan Rule to replace Garry Korte, who has been poached by Gina Rinehart's Roy Hill Holdings, a subsidiary of Hancock Pr

Family features strongly in the succession plans of many entrepreneurial businesses

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GOOD DNA only gets a business founder so far.

Public role for private players as major wealth brings widespread influence

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WESTERN Australia's leading private companies are under the spotlight now more than ever before.

Strong foundations for private companies

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Private business is a big player in some important WA sectors.

Stokes on top with media play

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In a year when big deals were few and far between, the $4 billion acquisition by the Kerry Stokes-controlled WA Newspapers Holdings to buy most of his other media assets was something of a standout

Skilled workers must go west: Woodside

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Western Australia's business leaders, including Woodside's Peter Coleman, said today the state needs to focus on meeting its own skilled labour needs, as Queensland Premier Anna Bligh swooped on th

Push to promote giving in a wealthy state

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Philanthropy is an inevitable topic when it comes to wealth creators in Western Australia.

Rinehart spends to spread influence

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THE private wealth of iron ore magnate Gina Rinehart has become a little more public in the past year, during which she emerged as Australia's richest person.

Indian giant buys Hancock coal for $US1.26bn

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Indian infrastructure giant GVK Group will pay Gina Rinehart's Hancock Prospecting $1.26 billion for most of the company's coal and infrastructure projects in Queensland's Galilee Basin.

Hancock pours $60m into MinRes

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Gina Rinehart's Hancock Prospecting has spent more than $60 million exercising options to increase its stake in Mineral Resources to 8.26 per cent.

Rinehart to rank as world's richest

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Gina Rinehart hates the label "Australia's richest person". How will she, and the rest of the country react when (not if) she ranks as the "world's richest"- as can be forecast using the latest research.

Hancock plans to export QLD coal by June

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Gina Rinehart's Hancock Prospecting says its plan to become the first company to export thermal coal from Queensland's Galilee Basin is on track, with the first shipment from the trial Alpha mine set to be shipped to a Korean power station on June 26.

Gender less of an issue in a flexible office

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The role of women in business has been placed firmly on the agenda during the past 12 months, but is the conversation really necessary?

Rinehart to join Ten board next week

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The Ten Network has announced Gina Rinehart, along with James Packer and Lachlan Murdoch will take up their seats on the television station's board next week.