News - Hancock Prospecting PTY LTD

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”.

Iron ore rally bolsters $A prospects in 2024

An almost 30 per cent surge in the iron ore price to above $US140 a tonne has bolstered the prospects for the Australian dollar, which economists predict could hit US70¢ by the end of the year.

Mining mogul Gina Rinehart advances her footing in the fashion industry

In another push to preserve iconic national brands, billionaire and mining tycoon Gina Rinehart has advanced her footing in the aussie fashion industry, with the recent purchase of a footwear brand.

Rinehart, Packer, Gances among 12 billionaires to watch in 2024

Australia’s well-known billionaires are back making big deals, and expect plenty more in the next 12 months as merger and acquisition activity heats up in mining, retail and health.

Iron ore royalties on track to more than double, Saffioti teases plan to hand down ‘remarkable’ set of numbers

Iron ore royalties are on track to more than double WA’s operating surplus — placing a record-shattering $7 billion windfall in reach for Rita Saffioti in her first major Budget update as Treasurer.

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”.

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”.

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.

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.

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.

The People of the Year 2023

Australia’s top businesswoman needs little introduction. In June, mining billionaire Gina Rinehart was recognised as 2023’s Western Australian of the Year, which she described as a “wonderful honour”.

Major WA dairy lends a vital hand to Foodbank WA and beyond

For all the years Hancock Prospecting has partnered award-winning Bannister Downs Dairy, it has helped improve the lives of many through regular donations of milk supplies through Foodbank WA’s Bunbury branch. The dairy has expanded its Foodbank WA partnership to include a weekly donation of fresh and flavoured milk to Foodbank WA’s Centre for Hunger Relief at Perth Airport which will then be distributed to all branches across Western Australia.