Annual profit at Gina Rinehart's Hancock Prospecting fell by $2.5 billion year-on-year in 2025, a result attributed to weaker iron ore prices and headlined by concerns over jurisdictional risk.
Profit at Hancock Prospecting subsidiary Atlas Iron has fallen sharply due to weaker iron ore prices as it embarks on construction of its next major mine.
Australian mining magnate Gina Rinehart is bringing Roy Hill and Atlas Iron under the new banner of Hancock Iron Ore to make the iron ore producers "more productive".
The state's Environmental Protection Authority has signed off on a request by Gina Rinehart's Atlas Iron to amend the proposal for its Ridley magnetite mine, expanding the project footprint.
Gina Rinehart's Atlas Iron has reported a strong lift in both revenue and net profit but continues to be frustrated by slow approvals for its planned mine projects.
Contractor MACA will provide mining, drill and blast services at Atlas Iron's Miralga Creek project in the Pilbara, after winning a contract with the iron ore miner.
Atlas Iron has revealed it will sponsor a high-performance coach at Artistic Swimming WA, on the same day Gina Rinehart was nominated as the first life member of the organisation.
Gina Rinehart's Atlas Iron has taken a swipe at the state government's environmental approval process over conditions for its delayed iron ore project.
In this podcast, Mark Beyer and Simone Grogan discuss lithium takeover battles; the interest rate outlook; local government elections; and profit results from WA's biggest companies, including ABN Group, Perron Group, Roy Hill and Wright Prospecting.
Atlas Iron has joined Mineral Resources in pointing to congestion issues at Utah Point as the reason for lower iron ore shipments, while airing grievances about approval delays.
Gina Rinehart-owned Atlas Iron's $605 million McPhee Creek iron ore project has taken a leap towards fruition after it received support from the state's peak environmental body.
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.
Senior journalist Matt Mckenzie and Jordan Murray discuss Philip Lowe's show of courage and Bill Johnston's openness to the possible sale of Gold Corporation.
The chief executives leading Atlas Iron and Roy Hill will be bumped up to new overarching roles within the broader Hancock Prospecting group as it moves on big growth plans for iron ore.
Gina Rinehart's Hancock Prospecting has fallen short of last year's mega profit, posting a $5.8 billion bottom line for 2022 as it flags new growth and investment plans.
Gina Rinehart has continued to reap big gains from the iron ore sector, with Roy Hill Holdings declaring another large dividend despite a fall in annual profit.
Hancock Prospecting subsidiary Atlas Iron has paid a maiden dividend of $225 million despite a big fall in annual profit and plans to invest $700 million in new iron ore projects.
Behemoths of Western Australia's resources sector will tip $750 million into a new community investment initiative to bankroll a cohort of legacy projects in the state.
55 RC holes plunged across the northern bank of CZR Resources' Robe Mesa iron ore project in WA's Pilbara region have delivered the highest grades of direct shipping ore mineralisation at the operation to-date with an average of 56 per cent iron. The company says the northern extension sits outside of the operation's current 37.5 million tonne resource and underlines the venture's development upside.
Initial assays from extensional RC drilling at CZR Resources' Robe Mesa iron ore project in WA's Pilbara region have confirmed significant direct shipping ore mineralisation beneath the asset's pre-feasibility study pit. The company says the material's average grades of about 55.6 per cent iron align with its targeted production figures and reinforce its strategic plan to lift production and mine life once in operation.
Atlas Iron's Miralga Creek mine has produced its first iron ore, with the project built by a joint venture including Indigenous contractor East West Pilbara.
New data details the expansion of Andrew and Nicola Forrest's private company, Tattarang. Click through to see our latest ranking and analysis of Western Australia's largest private companies.
Mineral Resources has struck an agreement with Gina Rinehart's Hancock Prospecting to jointly pursue the development of a new export berth at Port Hedland's South West Creek.
Gina Rinehart's private company has posted an 80 per cent jump in annual profit to a mammoth $7.3 billion, underscoring her ranking as Australia's wealthiest person.
Hancock Prospecting-owned Atlas Iron is the latest player to reap the benefits of a buoyant iron ore market, posting a $938 million profit for the end of the financial year.
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.
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.
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.
Gina Rinehart's Atlas Iron has been given the go-ahead from the state's environmental authorities to develop a new mine, Miralga Creek, in the Pilbara.
