News

From autonomous vehicles and artificial intelligence to safer and more efficient mining equipment, advancements in resources technology are essential to progress in the field. Hancock Prospecting Group Operations CEO Gerhard Veldsman said from day one Roy Hill Executive Chairman Gina Rinehart had encouraged a culture of innovative thinking and the use of leading technologies across the miner’s iron ore operation. “Roy Hill is powered by smart people, using data-driven insights with integrated technology and systems to ensure safer operations, higher productivity and predictable execution,” he said. “Not only are we helping to develop and integrate advanced technologies and capabilities that keep our people safe but we are also making our business more efficient, and demonstrating Roy Hill’s progressive and forward-thinking approach.

Thank you to each and every one of the artists for their artworks and efforts. It has been a global exhibition during a time of global strife with artists from Ukraine to the USA, Japan to Mexico and South Africa to the Czech Republic. It’s really exciting to see the crowds back at Cottesloe this year. I would like to thank Mrs Rinehart for Hancock Prospecting and Roy Hill coming on board as Principal Sponsors of the exhibition. This follows Mrs Rinehart and her company’s previous support as Principal Sponsor, giving us significant financial support when we needed it most to make the free to the public exhibition possible” said David Handley, Founding CEO & Artistic Director of Sculpture by the Sea.

27 March – 2 April

Queensland pair Bryce Poland and Christopher Blake have won their first Australian Beach Volleyball Tour title, while a pair of Chinese Olympians also claimed victory in Wollongong. More than 100 teams took part in Wollongong as part of the third stop of the Australian Beach Volleyball Tour. “It feels unbelievable, it’s probably one of the best feelings of my life,” said Blake. “We only started playing together in January but we gel really well on the court and we’ve got a good coach who always gives us good strategies and helps us a lot.” Poland said that after so many matches against their final opponents, they were getting closer and closer to today’s result.

Catalyst Metals has raised $22 million in an oversubscribed placement to support its WA gold consolidation play. Catalyst, 25 per cent owned by Gina Rinehart and St Barbara, already owns the producing Henty goldmine in Tasmania and has been building acreage over Victoria’s Bendigo gold centre as part of a focus on historically high-grade goldfields.

WARREGO Energy has today left the Australian Securities Exchange after its takeover by the private Hancock Energy. It is the energy division of Hancock Prospecting, the mining giant controlled by Gina Rinehart, which paid 36c per share to Warrego’s shareholders so it could secure 50% of the West Erregulla gas field to send to its mines.

NT RARE earths hopeful Arafura Rare Earths Limited has flagged the start of early construction works on the $1.5bn project “in coming weeks”. The forecast is contained in a statement to the Australian Stock Exchange posted last week.An Arafura spokesman confirmed the early works would begin shortly.” This is an important next step in delivery of the Nolan’s Project and we are pleased to have reached this point in early-2023.” It has been a significant few months in the life of the project with Korean car maker Hyundai signing a binding sevenyear contract to supply NdPr in November and the following month Gina Rinehart’s Hancock Prospecting invested $60m into the company.

Today, on International Women’s Day, Atlas Iron celebrates all of our female employees and recognises the skills and talents they bring to our business. We are exceptionally lucky to have a role model in our Executive Chairman, Mrs Gina Rinehart, who has shown us how determination, drive and perseverance can lead to great things. Atlas Iron works to continually improve our workplaces, create an inclusive culture and give all our employees, female and male, equal opportunities.

Gold developer Catalyst Metals was asking investors to chip in $20 million to help development and exploration at its projects in WA’s Eastern Goldfields and Victoria’s Bendigo. The offer was priced at $1 a share, which was a 21.9 per cent discount to the last close and 24.9 per cent lower than the 15-day volume weighted average price. It was structured as a single tranche placement.

2023.