The developer of the $10 billion Roy Hill iron ore project has secured a unique insurance scheme which safeguards the project against construction delays and wage blowouts caused by cyclones on the volatile Pilbara coastline.
The recent publication of two listings of influential business leaders provided food for thought about the growing international influence on Western Australia.
Western Australian business chiefs Kevin Gallagher, Gina Rinehart and Richard Goyder were recognised in separate awards events across the country last night.
Decmil has been awarded a $37.5 million contract for the design and construction of diesel fuel infrastructure at Hancock Prospecting's Roy Hill project in the Pilbara.
Mining billionaire Gina Rinehart has been awarded an honorary doctorate from Queensland's Bond University in recognition of her contribution to the Australian economy.
Downer EDI is the latest contractor to be awarded work at Hancock Prospecting's $10 billion Roy Hill iron ore project, as new reports suggest the project is close to securing its long-awaited debt financing.
For the second consecutive year, Gina Rinehart has been named as a Visionary CEO at an awards ceremony run by consulting group McMillan Woods in Kuala Lumpur.
It will probably take Gina Rinehart a few years to catch Bill Gates in the race to be the world's richest person, but it is easy to see how she might overhaul the Microsoft founder's swag of $75 billion.
Gina Rinehart's Hancock Prospecting is set to boost its stake in oil and gas explorer Sun Resources, agreeing to invest a further $2 million in the company in exchange for around 65 million shares.
Gina Rinehart's Hancock Prospecting has notched up almost $2 billion in revenue and an operating profit of $601 million in the 2013 financial year, which makes it one of Australia's most lucrative private companies despite being the group's lowest profit in four years.
It's hard to imagine anyone being unhappy with Andrew and Nicola Forrest's remarkably generous $65 million donation to establish a system of educational scholarships to rival that created by Cecil Rhodes more than 100 years ago.
The $10 billion tragedy of Western Australia's failed magnetite iron ore processing experiment risks becoming something worse next year, as the price is pushed down by a flood of iron ore supply an
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 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.
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 –
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
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.
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.
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.
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
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.
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.
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
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
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
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
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
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.
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.
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