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.
Wangara-based Ranger Drilling has been awarded its largest ever contract in the form of an $18 million grade control drilling contract at Hancock Prospecting's $10 billion Roy Hill project.
Contracting group NRW Holdings has signed a $620 million deal with global giant Samsung C&T for earthworks and construction activities for the railway line connecting the Roy Hill iron ore proj
When Forge Group announced this week it had won a $1.47 billion Roy Hill construction contract it was with new joint venture partner Duro Felguera, from Spain, rather than its former alliance partn
A joint venture led by Perth-based mining and engineering contractor Forge Group has secured a $1.47 billion construction contract at Gina Rinehart's $10 billion Roy Hill iron ore project in the Pi
Contracting group NRW Holdings been selected to provide earthworks for rail infrastructure at the $10 billion Roy Hill iron ore development in the Pilbara.
The $10 billion Roy Hill project remains on track to start mining next year and achieve its first iron ore exports in the third quarter of 2015, its project director said today.
Mining industry pundits bemoaning the end of the ‘boom' will be pleasantly surprised to know that up to a dozen major projects could go ahead over the coming year.
Calibre Group has won a $23 million contract on the Roy Hill iron ore project, with the work proceeding ahead of the project's debt funding being finalised.
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.
Qantas has been selected by Gina Rinehart's Roy Hill Holdings to provide charter-air services for the $10 billion Pilbara mining project, which requires completion of a major debt funding package b
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.
Cheryl Edwardes has been appointed as a strategic project adviser at Atlas Iron, as well as a senior advisor to FTI Consulting's strategic communications segment in Perth.
Alan Robson, Jim McGinty and Jim Freemantle are among the Western Australian luminaries to receive honours as part of this year's Queen's Birthday awards.
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 –
Adriana Kostov, a UWA law and commerce graduate who worked with Blackswan Equities and Hancock Prospecting in Perth before joining Sydney-based currency hedge fund Excalibur Funds Management, has b
Atlas Iron is confident of meeting its full year producrion targets as it continues talks about developing a Pilbara rail solution to support its longer term growth.
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.
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 use of migrant workers to bolster the workforce in Western Australia is becoming more commonplace, with a 12 per cent increase in the number of temporary visa holders in the state.
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.
At the very end of an extraordinary week, a late announcement from an unlikely source – Transport Minister Troy Buswell – gave one of the few clear signals about future growth in the mining sector.
WESTERN Australia is rapidly emerging as a centre of excellence for mine automation, with resources demand for remote operated equipment spurred on by high wages costs, adherence to strict safety r
