News Articles for Hancock Coal

Major projects mark milestones

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FOUR major resource and infrastructure projects have reached notable milestones this week, signalling the positive outlook for the Western Australian economy.

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.

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.

Hancock awards Qld coal project contract

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Mining service providers WorleyParsons and Ausenco have won a joint contract to manage delivery of a $7.5 billion coal project in Queensland.