News Articles for Gina Rinehart

As WA's last mega mining project swings into operations mode, there's more pain ahead for employment and investment numbers.

ANALYSIS: WA's resources-focused business community is eagerly awaiting the next round of figures for iron ore production costs.

There were 23 Western Australians featured in this year's BRW Rich 200 List, with two new entrants and two others failing to make the cut.

Gina Rinehart has lost her position as Australia's richest person due to plunging iron ore prices and a bitter court battle with her two eldest children.

SPECIAL REPORT: Wealthy Western Australians have made some eye-popping philanthropic pledges over the years but none as large as one of Gina Rinehart's recent moves.

A new global ranking says Sydney is the top city in Australasia for the ultra-wealthy, but despite being home to Australia's richest woman, Perth failed to rate a mention.

Billionaire Gina Rinehart has appointed a new executive director and a new chief executive at Hancock Prospecting and foreshadowed plans to recruit additional senior executives to run its commercial and agribusiness operations.

The estate of the late mining billionaire Michael Wright has been ordered to slash its submission appealing the $25 million awarded to his youngest daughter, with a judge saying it needs some serious editing.

SPECIAL REPORT: There has been a major shift in business influence in WA amid waning international investment and, with two elections on the way, there is a prospect of even bigger changes in political influence. Click through to see our listing of WA's most infliential leaders in politics and business.

As five women and one male champion were honoured at this year's Chamber of Minerals and Energy's women in resources awards, Premier Colin Barnett declared the resources industry to have reached a mature level of growth that will likely be eclipsed by advances in the state's other sectors.

The Mowanjum Aboriginal Corporation plans to seek private partners to fund an expansion of its irrigated farming operation near Derby after the state government granted an option for freehold tenure over its land.

Iron ore miner Roy Hill has officially taken control of its mine, rail and port operations in the Pilbara from lead construction contractor Samsung C&T, with the company now commencing ramp-up of production to target the nameplate 55 million tonnes per annum capacity.

One industry to benefit from reduced mining activity is agriculture, particularly sheep meat production.

After five consecutive years at the top of Forbes Australia's rich list, mining magnate Gina Rinehart is no longer Australia's wealthiest person.

Billionaire Gina Rinehart has seen off the first shipment of iron ore from her $10 billion Roy Hill project, on the same day BC Iron entered a trading halt ahead of a review of its Nullagine joint venture project.

Billionaire Gina Rinehart is excited about the Roy Hill project's expected first iron ore shipment this week despite the commodity trading at a fresh 10-year low.

A third-party arbitrator will be called in to settle a dispute between Gina Rinehart's Roy Hill Holdings and its key construction contractor, Samsung C&T.

The mid-December budget review will set the tone for state government spending cuts before the 2017 election.

At first glance there does not seem to be much connecting Gina Rinehart with Clive Palmer, but a closer look reveals a common thread … made of steel.

The first shipment of iron ore from Gina Rinehart's $10 billion Roy Hill project has been delayed because of commissioning and safety issues.

A US court ruling concerning the controversial Simandou iron ore project in West Africa is a worry for Rio Tinto, but not WA.

Gina Rinehart's Hancock Prospecting has been affected by weak commodity prices and is bracing for more of the same, revealing its 2014-15 revenue slid by more than 22 per cent to $2.04 billion.

SPECIAL REPORT: For the second year running, the value of shares held by company directors in WA has fallen sharply, though some operators defied the trend.

From mining to agriculture, technology and finance, 40under40 award winners have been making news this year.

The billionaire Rinehart and Wright families have scored a multi-million dollar High Court win against mining giant Rio Tinto over iron ore royalties derived from the Pilbara.

Bannister Downs Dairy Company managing director Sue Daubney is aiming to rebuild Azzura Gelati to its former glory after striking a deal this week to buy the local ice-cream manufacturer.

The commodity price crash is drawing in some big-name, high-cost producers.

Could the contrasting fortunes of Atlas and Elders signal the start of a rural revival?

Three of Gina Rinehart's companies have collectively been fined $130,000 for lodging their financial reports too late, as the requirement for large proprietary companies to release annual financial statements has come under question.

Brookfield Multiplex has completed the non-processing infrastructure facility at Gina Rinehart's Roy Hill iron ore mine in the Pilbara, marking the finish of a $270 million workbook at the project.

To best understand what's gone wrong with Western Australia's iron ore industry you need to start by looking back 12 years, to 2003, when an ambitious Andrew Forrest created Fortescue Metals Group.

If you're wondering why the outlook for iron ore remains grim despite last night's price rise to a three-month high of $US63.10 a tonne, it is partly because Western Australia's iron ore miners have a new competitor – themselves.

It should be clear by now to Andrew Forrest that his campaign for a political inquiry into the iron ore industry has done the company he runs, Fortescue Metals Group, more harm than good – and might even have stirred up trouble for another local billionaire, Gina Rinehart.

Andrew Forrest's worst nightmare is that he will one day relive his painful experience with pioneering low-grade nickel ore processor Anaconda Nickel; so surely he must have suffered an ‘Anaconda moment' when the iron ore price fell below $US50 a tonne overnight.

Andrew Forrest and Gina Rinehart will need to wait a while for their dairy investments to deliver a return, according to a recent analysis of the sector.

As grim as the iron ore outlook appears for some of WA's smaller miners, the state government, too, stands to lose out amid the sector's upheaval.

Demand for Western Australian agricultural property assets is expected to run hot throughout 2015, with offshore buyers not expected to be deterred by new rules for foreign investment in farmland.

Fortescue Metals Group surprised investors earlier today with a better-than-expected December quarter production report, but that should not stop speculation that it could be a key player in Western Australia's deal of the decade.

Business News' CEO survey has unearthed strong views on the turbulent 12 months just gone, while also offering some timely advice to our political leaders.