News

Billionaires busy in West Perth

A recent move by Perth City Council to sell a West Perth lane means billionaire Kerry Stokes is a step closer to a major redevelopment of his Kings Park Road property. And just around the corner, Australia’s richest woman, Gina Rinehart, is on the brink of realising big plans to revamp an office block in Ord Street. 

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RINEHART-BACKED BRAZILIAN STELLAR START

Gina Rinehart’s foray into rare earths in South America is off to a flyer, after Brazilian Rare Earths closed out its debut on the ASX up nearly 10 per cent. Mrs Rinehart’s Hancock Prospecting is a major shareholder of BRE, holding a 5.85 per cent stake. WA mining identity Tolga Kumova and Whitehaven Coal are also understood to be key BRE shareholders. BRE managing director Bernardo da Veiga said the success of the company to date was partly thanks to outstanding support from “leading international shareholders”.

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Rinehart steps in to buy an icon

Ms Rinehart’s company S. Kidman & Co recently snapped up Rossi Boots, saying the purchase of the boot manufacturer was part of ensuring that “Rossi’s manufacturing excellence remains in Australian hands”.

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Rinehart saves Aussie sole

Billionaire and mining tycoon Gina Rinehart has advanced her journey into the fashion industry with her company’s purchase of Rossi Boots. S. Kidman & Co said purchasing the boot manufacturer was part of its “commitment to preserving iconic national brands”.

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Artistic Swimming Australia

What a 2023 for our Hancock Prospecting Artistic Swimming Australia National Team. The team celebrated in style with our Patron, Mrs Rinehart, reflecting on a year that saw the establishment of the Hancock Prospecting Artistic Swimming Australia Centre of Excellence – all made possible by our Patron.

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Biggest Party Since 2000

This year’s (fireworks) show features 10,000 shells fired off three barges, it runs for 15 minutes and is choreographed to music. It’s the biggest family-friendly New Year’s Eve show Perth has ever seen. The City of Perth is very proud to be able to host this special celebration and we’re very grateful for the support of Roy Hill to help us make it all possible.

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City of light to see in ’24

The City of Perth will lead the way with its family-friendly fireworks and lights show which is to start at 8pm at Elizabeth Quay. Hancock Prospecting operations chief executive Gerhard Veldsman said New Year’s Eve was a time to celebrate and look forward to the exciting possibilities of the year ahead.

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