News - Hancock Prospecting PTY LTD

WA mining ensures Australians have Medicare

Over the past financial year, WA mining and oil and gas companies contributed $83 billion directly to Australia’s economy, roughly one sixth of the entire federal government’s revenue over the period. This is more than the federal government’s budget for Medicare ($29.7 billion) and defence ($44.6 billion) combined. There are more than $140 billion worth of projects in the mining and oil and gas sector across WA, many of which are greenfield developments. The CMEWA said similar contributions from the resources sector would continue over the next decade.

Patron of swimming, Mrs Gina Rinehart, with members of the Olympic swim team, on-location of the training sessions in Cairns, Queensland

WA resources sector injects $122 billion into economy in 2019-20, CME survey shows

WA mining and resources companies injected almost $122 billion into Australia’s economy in the 2019-20 financial year through direct and flow-on spending, helping create 309,000 full-time jobs during COVID-19.
The figures, from WA’s peak resources industry body, revealed the extent to which the local sector powered economies and communities around the nation as they reeled from the impacts of the pandemic. “That’s why it’s so important that both industry and government continue to tackle key challenges like current and future skills shortages, in order to fully capitalise on the significant opportunities we have in front of us.”

WA Perth Royal Show Dairy Awards, Bannister Downs recognised once again!

Competing in the 2021 Perth Royal Food Awards for the 15th consecutive year, Bannister Dairy produce, renowned for its quality and great flavour, awarded these champion titles, a true reflection of the effort and care that is made daily, with a complete focus on quality.

Kidman pie launch

Kidman pie launch by Paspaley seaplane to an island in the far north. You can now order the larger Kidman pies
and the new peppercorn flavour plus original canapé pies, via email kidmanpies@vilisbakery.com.au.

Hancock pushes SAS fund donations to $1.6m

Hancock Prospecting has backed a $1 million personal donation to the Special Air Services Resources Fund by its executive chair Gina Rinehart with a further $500,000 contribution to support Australia’s elite soldiers.

Announced at a private event at the Hancock head office last night the contribution is in addition to $110,000 donated by iron ore miner Roy Hill Holdings, majority owned by Hancock and also chaired by Mrs Rinehart.

Event to celebrate Group’s support of Australia’s Soldiers

In addition to Executive Chairman Mrs. Gina Rinehart’s significant personal donation, both Hancock Prospecting and Roy Hill contributed generously to the Special Air Service Resources Fund to provide financial assistance to relieve the hardship being experienced by serving and former members of the SAS and their families.

WA premier Mark McGowan hikes port fees on iron ore miners BHP, Fortescue, Roy Hill

Mr McGowan on Monday announced that WA had delivered a $2.36 billion operating surplus for the first nine months of the current financial year, due primarily to the surge in iron ore prices. WA is the only jurisdiction in Australia running an operating surplus.

Celebrating World Milk Day 1st June 2021

World Milk Day is not only a celebration of milk, but a celebration of the hardworking Aussie dairy communities. Dairy farming families take pride in feeding and nourishing our country. Australia’s dairy farmers have been proudly producing the dairy foods we love every day for almost 200 years.

HeartKids Gala Ball

The organisation’s purpose is to help those affected and their families to lead the most fulfilling life possible. HeartKid’s support is a commitment for life, because people with congenital heart disease face unique challenges for their entire life.
Hancock Prospecting and Executive Chairman Mrs. Gina Rinehart have a long-term special relationship with HeartKids, and wish the organisation all the best with their ongoing endeavours in helping those affected by this disease.

‘Right place, right time’ for Rinehart-backed Vulcan in quest for zero carbon lithium

The lithium boom has already led to one multi-billion dollar merger on the ASX this year, and has lifted share prices across the sector, including Vulcan’s. But while most producers in Australia are engaged in relatively traditional mining techniques, Vulcan’s plans are different. It wants to extract lithium from the hot underground springs in Germany’s Upper-Rhine Valley.

Path of Hope Gala

Path of Hope was launched in 2013, as a collaboration between the Rotary Club of Perth and the Salvation Army, with a vision to break the intergenerational cycle of family and domestic violence, by mobilising the organisational capacity of Rotarians to support the Salvation Army, agencies and services that provide safety and empowerment to women and their children who are escaping family and domestic violence.
Hancock Prospecting and Roy Hill have been the major sponsors of the Gala since inception, with sponsorship coming after Executive Chairman Mrs. Gina Rinehart’s earlier support of other initiatives to help actions against domestic violence.