Hancock Prospecting is celebrating tonight after Executive Chairman, Mrs Gina Rinehart AO, was named the Australian Financial Review’s Business Person of the Year at their event in Sydney. Under Mrs Rinehart’s leadership, Hancock Prospecting has been transformed from a company facing a parlous financial position in 1992, when she became Executive Chairman, to Australia’s most successful private company.
Mining magnate Gina Rinehart is quietly on her way to becoming Australia’s biggest truffle grower. “We’re always looking for good opportunities to invest and grow,” she told The Australian Financial Review. The truffles are being grown near the award-winning Bannister Downs Dairy at Northcliffe that Mrs Rinehart has owned in partnership with the Daubney family since 2014. Mrs Rinehart shed light on the venture when announcing yet another bonus stream for workers on her iron ore mines, who are already some of the best paid – and best fed – in the resources industry.
A nationwide overhaul of industrial relations laws has passed through the House of Representatives, angering farmers who had urged Federal Labor to take the “catastrophic” legislation back to the drawing board.
The Broome Barracudas made a splash at the 2023 Hancock Prospecting Pilbara Swimming Championships held from November 24 to 26, securing an impressive haul of 50 gold medals.
Here’s our annual A to Z guide featuring 510 youth swimmers, just some of the exciting talent who will dash down the pool at the Hancock Prospecting Queensland Swimming Championship from Saturday. The Queensland swimming championships will be off with a splash from Saturday, featuring hundreds of competitors. The team relays will roll out across the weekend before the individual races start across the week. Queensland swimming is so strong, our state could field a team at the Olympics and snare a swag of medals. ,In recent years we told you first about the likes of Mollie O’Callaghan, Sam Short, Kai Taylor, Jenna Forrester, Meg Harris, Josuha Neill, Bronte Job, Flynn Southam, so on and so forth So who are some of the next generation starpouring through the system?
A South Perth apartment building purchased by Gina Rinehart will be refurbished to provide much-needed accommodation for West Australian veterans. Work is expected to commence before the end of the year to completely refurbish the existing building to create nine two-bedroom apartments. The property is expected to be ready to accept residents in the first half of 2024.
Gina Rinehart’s Hancock Prospecting has purchased property for Western Australia’s first veterans accommodation program. The program is a joint initiative between the Australian Air Force Association (RAAFA) and the RSLWA to provide housing for former members of the defence forces in a refurbished apartment building in south Perth. “This support is enabling RSLWA and RAAFA to build on our proud legacies of going above and beyond to support WA veterans who have given incredible service to our country.” Rinehart was named “Honorary Guardian of Veterans” by Soldier On this year for her long-term support of veterans. The property will be known as Sir Valston Hancock House after a former leader of the Royal Australian Air Force and Rinehart’s uncle.
Two of Western Australia’s largest and most established ex-service organisations have joined forces to launch the State’s first targeted accommodation program specifically for veterans. The joint initiative between the Australian Air Force Association, known as RAAFA, and RSLWA is set to provide quality housing for former members of the defence forces in a refurbished apartment building in South Perth. The unique program has been made possible through a partnership with Hancock Prospecting, which has purchased an existing property to support the needs of WA veterans. Mrs Gina Rinehart AO, Executive Chairman of Hancock Prospecting, was named “Honorary Guardian of Veterans” by Soldier On this year for her long-term support of veterans. Under her leadership Hancock Prospecting and its related companies, including Roy Hill, drive the opportunity for veteran employment within each of these businesses.
Wabtec and leading iron ore miner Roy Hill, majority-owned by Hancock Prospecting, have debuted the world’s first 100% battery-powered, heavy-haul locomotive for mainline service. Hancock Prospecting Group operations chief executive Gerhard Veldsman commented on the debut. “The foresight of our Executive Chairman, Mrs Gina Rinehart AO, has been instrumental in establishing an environment in which we can successfully leverage the ingenuity of our people alongside key partners like Wabtec to transform our rail and mining operations through next-generation technologies,” he said.”The FLXdrive locomotive represents not only a first for the Pilbara, but a first for the mining industry. “The technological smarts that have gone into the development of the loco makes it well suited for our rail network. “By using regenerative braking, it will charge its battery on the 344km (214 miles) downhill run from our mine to port facility and use that stored energy to return to the mine, starting the cycle all over again.
Gina Rinehart has broken ground on a $20 million renovation project at Roy Hill’s headquarters in west Perth. Reflecting Rinehart’s commitment to ongoing breast cancer research, the building will be pink themed and inspired by the Sturt desert pea. “We love our firsts at Roy and our design will be the first of its kind in Australia, indeed the world,” Rinehart said.
