News Articles for Hancock Prospecting

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.

Rudd plan targets power prices

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.

New growth opportunities will be few and far between for mining contractors, who are under pressure to trim their rates.The irony was inescapable.

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.

The leaders of some of WA's top private businesses say overregulation is stifling the development of an entrepreneurial culture in Australia.

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.

THE past 12 months was a lean time for lawyers working in the corporate finance field, with a slump in both takeover deals and capital raisings.

Competition in the state's investment banking sector is hotter than ever despite a fall-off in takeover deals and capital raisings last year.

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 upheaval of recent months has obscured the record investment in the resources sector and the big growth in production coming in future years.

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.

WA companies are still facing a challenge to find staff despite reduced mining construction and a rise in unemployment.

Greater public exposure has helped lift community engagement with, and funding to, the not-for-profit sector.

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

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

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

Huge potential could be added to WA's export terminals capacity over the next decade.

Two major rail freight operators are pursuing growth opportunites in WA's mining sector.

The state government is spending record amounts on capital works projects but setting priorities and meeting demand remain major challenges.

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.

WA's corporate finance sector is getting back to business as a late flurry of deals get the sector warmed up for better year.

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

Across the Pilbara, in the Mid West, Yilgarn and Great Southern, WA's iron ore sector is planning substantial growth.

Western Australia's mining sector, including some of the state's largest mining companies, has received $6 million through a state government program designed to encourage exploratio

Philanthropy is an inevitable topic when it comes to wealth creators in Western Australia.

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 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.

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.

One of the overseers of Port Hedland's massive but politically sensitive expansion, port authority chairman Ian Williams, has stepped down, making him the third key person to leave a top job at the

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.

Mineral Resources has substantially bolstered its balance sheet this week, obtaining a $30 million capital injection from Gina Rinehart's Hancock Prospecting one day after finalising a deal to extract itself from the costly Windimurra Vanadium project.

The success of West Perth as a natural resources hub is all about its ability to adapt.

Gina Rinehart's Hancock Prospecting is investigating its Queensland asset further with the start of a feasibility study into a 30 million tonne per year coal operation.