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