News

Building an exceptional future | committed to developing opportunities for women across our operation

Women at Roy Hill work at the only mine in the world where technology and operational responsibility combine to not only achieve a safe work place, but also to join in the battle against breast cancer. Gina Rinehart AO established Australia’s first breast cancer foundation in the early 1990’s, one of the most dangerous health problems for women, one in seven Australia women are diagnosed with breast cancer overtheir lifetime. Women at Roy Hill and Atlas Iron are earning nearly twice as much as women in hospitality and administration, giving them the opportunity to build a strong future. Many of our women staff say, we are “the best company I’ve ever worked for!” Would you like to join us and help us build an exceptional future?

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Billions on tap in Perth Basin

THE Perth Basin has rapidly become the state’s hottest asset, and businesses near the action have ambitious plans for investment.
The basin has captured the attention of companies linked to billionaires Gina Rinehart , Chris Ellison and Kerry Stokes, while John Poynton-chaired Strike Energy has continued interest. In early November 2022, ASX-listed Warrego Energy revealed it had received a takeover bid from Strike Energy in a deal valued at $227 million. Three months and an extended bidding war later, the landscape of the basin has shifted substantially. Mrs Rinehart’s Hancock Prospecting marched into a majority stake of Warrego in February.

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Arafura closer to finish line on Nolans rare earths as enabling works commence

Arafura Rare Earths is preparing for the start of construction at its Nolans rare earths project, awarding a contract for a key part of its processing infrastructure. Arafura has already signposted its green credentials, announcing a plan to hit net zero by 2050, with 50% of its electricity generation to come from renewables by 2030 and a plan to transition to renewable fuels for firming power from 2040. It comes off a wave of positive news about the development, including a $121 million capital raising last year that brought Australia’s richest person Gina Rinehart onto Arafura’s register as a 10% shareholder and a major offtake deal with car giants Kia and Hyundai.

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Billions on tap in Perth Basin

THE Perth Basin has rapidly become the state’s hottest asset, and businesses near the action have ambitious plans for investment. Billions of dollars of investment could be in the pipeline for Perth Basin as the state faces a crippling gas shortage within a decade. Three months and an extended bidding war later, the landscape of the basin has shifted substantially. Mrs Rinehart’s Hancock Prospecting marched into a majority stake of Warrego in February.

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Catalyst pushes for more than Plutonic

Superior president and chief executive Chris Jordaan says the consolidation of the Plutonic-Marymia gold belt will create a strong platform from which to advance the development of the Plutonic underground mine and surrounding open pit projects. “Catalyst will bring Plutonic a team with international mining experience, a proven track record of exploration success and the financial resources to develop the district,” he said. Catalyst is required to raise a minimum of $20m before costs for the transaction supported by its largest shareholder, Hancock Prospecting.

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Major miners to sponsor 2023 Prospect Awards

To be held in Brisbane on November 9, the awards seek to reward those in the mining industry who are excelling and going above and beyond. Two of these awards, the Lifetime Achievement Award and the Discovery of the Year award, are being sponsored by Hancock Prospecting subsidiaries Roy Hill and Atlas Iron, respectively. “Roy Hill and Atlas Iron are pleased to be sponsoring award categories in the 2023 Prospect Awards,” chief executive officer group operations Gerhard Veldsman told Australian Mining. “At Roy Hill and Atlas Iron, we are committed to helping our people contribute to Australia’s mining industry, and in turn to making our company group the ‘best mining company in Australia’.

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OLDENDORFF WELCOMES CAPESIZE BULKER GINA OLDENDORFF

OLDENDORFF has named its latest Capesize newbuild after Australian mining magnate Gina Rinehart. “Oldendorff carried the first shipment of iron ore from Roy Hill in December 2015, and since then has carried more than 46.6 million tonnes of Roy ore over 244 shipments, as well as shipments from Atlas,” Roy Hill said in a statement. “Mrs Rinehart when christening the ship wished the vessel and all its crew many safe journeys, and many happy returns.”

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Ian Henschke Chief Advocate for National Seniors Australia emphasises that the work bonus for pensioners should just be the beginning of national reforms | A Current Affair

Ian Henschke from National Seniors Australia. I think we need to recognise that we’ve got a jobs crisis in Australia, 450,000 plus jobs going begging and we’ve got 4.5 million Australians over 65. Ian says the work bonus should just be the beginning of major reforms in the system. He’d like to see Australia follow in the footsteps of New Zealand, where pensioners can work as much as they like without losing benefits. New Zealand has a workforce participation rate of 71%, we’ve got 66%, they’ve got 5% more of their population working and most of it is older workers. That’s where they’re getting their workforce from. Let’s take the handbrake off the economy and let those pensioners work and let those retirees work.

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