Women play an essential role at all levels of the Hancock Prospecting group of companies. Executive Chairman, Mrs Gina Rinehart, is an industry leader, providing a role model and inspiration for other women. We are proud to be an organisation committed to developing opportunities for women across our operations.
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.
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.
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.
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.
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’.
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.”
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.
“The nominees for the overall award are all deserved winners, but both Elijah and Kiera stand out by their performances under the pressure of international competition at the highest level. Bond University vice-chancellor Tim Brailsford congratulated all the Blues Award recipients and said it had been a tough task for the judges to select the individual winners given the sporting successes Bondies had enjoyed in 2022. “The celebration of our student athletes and their performances from last year has highlighted another stellar set of achievements both individually and collectively,” Brailsford said.
