News - Hancock Prospecting PTY LTD

Rinehart-owned dairy wins popular vote | WA dairy wins national award

Gina Rinehart and the Daubney family’s joint venture Bannister Downs Dairy has created the first Western Australian milk to be crowned most popular dairy product in the country. Bannister Downs Farm Fresh Milk was awarded the People’s Choice Award at the recent 2022 Australian Grand Dairy Awards. The business was founded by the Daubney family in 1924 and is now operated by third generation farmers Mat and Sue Daubney. Mrs Rinehart entered a partnership with the Daubneys in 2014, to assist the family business to meet escalating demand. She said the People’s Choice Award was recognition for the efforts of the team and a reward for their commitment and dedication.

Australian mining is critical to nation’s future

The mining industry is the backbone of the Australian economy paying the highest average wages and contributing billions in taxes and royalties each year. The industry continues to pay the highest on average wages, the most company tax, delivers the most export revenue and was critical to supporting regions and communities, including providing 1.1 million jobs in the mining, mining equipment, technology and services sector.

Path of Hope Gala 2022

Path of Hope was launched in 2013, as a collaboration between the Rotary Club of Perth and the Salvation Army, with a vision to break the intergenerational cycle of family and domestic violence. Hancock Prospecting and Roy Hill have been the major sponsors of the Path of Hope annual Gala since inception in 2016. This year, Mrs. Rinehart was presented the John Garland AM Award, an award which is presented to an individual who consistently demonstrates professionalism, compassion and an enthusiasm to assist others, and who are instrumental in Path of Hope’s mission to break the intergenerational cycle of family violence. As always the Hancock Prospecting Group wishes Path of Hope all the best with their ongoing endeavours to help break the unacceptable cycle of domestic violence, and to celebrate the survivors of domestic violence.

Long-awaited 2021 Prospect Awards return

The 2021 Australian Mining Prospect Awards were finally held in Brisbane following COVID-related delays. Roy Hill’s iron ore mine in the Pilbara has taken home Australian Mine of the Year at the 2021 Prospect Awards. The Hard Rock Mine of the Year also went to Roy Hill’s iron ore operation, while Hancock Prospecting executive chair Gina Rinehart was awarded the Lifetime Achievement Award. “Secondly, a huge congratulations to the other finalists iCutter Industries and Atlas Iron. This really is an award where everyone wins as this work is so important to not only the business and First Nation’s businesses but it’s creating a better Australia for everyone.

Australian Mine of the Year: Roy Hill

We caught up with Roy Hill chief executive officer Gerhard Veldsman to chat about his company’s successes and the honour of taking home the Australian Mine of the Year Award at the 2021 Prospect Awards. .Hancock Prospecting Executive Chairman Gina Rinehart was the recipient of the Lifetime Achievement Award.
“This exceptional period in Roy Hill’s history has been achieved under the inspiration and leadership provided by our executive chairman, Mrs Gina Rinehart, who quite fittingly was recognised tonight for her outstanding contribution to the industry in general,” Veldsman said. Rinehart’s Lifetime Achievement Award coincided with her 30th anniversary as executive chairman of Hancock Prospecting, making this recognition that much more momentous.

Australian Mining Prospect Awards | Lifetime Achievement Award | Mrs Gina Rinehart AO

Hancock Prospecting’s executive chairman, the Hon Dr Gina Rinehart AO, was announced as the recipient of the Lifetime Achievement Award at the 2021 Prospect Awards. The Lifetime Achievement award recognises an individual who has contributed to the mining industry through their entire career. It is the most prestigious individual recognition award within the Prospect Awards and is determined through recommendations made by the judging panel. “On accepting this award I’d like to pay tribute to everyone in our industry. We are at our core nationbuilding, mining is the backbone of Australia,” Rinehart said. “When mining does well, so does Australia.” Hancock’s majority-owned Roy Hill was also recognised on the night, winning Australian Mine of the Year and Hard Rock Mine of the Year. “Let’s celebrate that mining contributes more to our nation than any other industry.”

Sky News | Chris Smith interviews Mrs Gina Rinehart AO

Hancock Prospecting Executive Chairwoman Gina Rinehart says she does not think either major party leader is “sufficiently across” what she sees as Australia’s “two most important issues”. Ms Rinehart told Sky News host Chris Smith that one of these issues is defence. “I repeatedly say, if we don’t have our country, what do we have? “And the second one is the economy, the economy is so important, it’s what drives living standards, it’s what drives jobs, it’s what drives revenue, it’s what drives opportunities.

WA continues to be the Regina George of the Federation

Handing down his second state budget as Treasurer, Premier Mark McGowan proudly showed off an Apple Wallet with a balance of $5.7bn. The eye watering operating budget surplus is not the biggest in history. Last year the state – better known for shunning visitors and stunning sunsets – banked $5.8bn as the rest of the country was in and out of Covid lockdowns. Where did WA find all that cash? In the ground and from around Australia. Iron ore keeps WA’s books in the black.

Red dirt royalties keep WA in the black, but McGowan knows they won’t last forever

Royalties from iron ore to feed the steel mills of China have allowed Western Australia to emerge from the pandemic with a surplus while NSW and Victoria face years of growing debt. The mines in the Pilbara region will deliver Premier Mark McGowan $10.3 billion this financial year, allowing the resource state to record a $5.7 billion surplus and cut net debt for the third year running. The WA government earns more from iron ore than land tax, stamp duty and payroll tax combinedIron ore will deliver almost 90 per cent of WA’s royalty income, from mining and oil and gas extraction.

Absentee overload

An explosion of COVID-19 cases in WA is intensifying staffing woes, directly impacting businesses which continue to bear the brunt of skills shortages. As cases soared to a record high of 17,000 on Wednesday — well above the original peak prediction of 10,000 — businesses were left grappling with a surge in virus-related absenteeism. Some are optimistic conditions will improve from here as the case load comes down. However, others are anticipating further disruptions as potential new strains emerge. WA’s resources sector has also acutely felt the impacts of absenteeism.

Senex Energy CEO Ian Davies was honoured to represent Mrs Gina Rinehart at the inauguration of Republic of Korea President Yoon Suk-yeol

11 May 2022.

Notice | False statements regarding Mrs Gina Rinehart investing in crypto currency

10 May 2022.
Mrs Rinehart and Hancock Prospecting Pty Ltd have been made aware of fake social media posts and associated news stories alleging that Mrs Rinehart has invested $5,000,000 into a start-up crypto currency platform.

Mrs Rinehart has not made the alleged investment or recommendations or quotes set forth in these adverts. This is a scam designed to use Mrs Rinehart’s positive corporate image to lure people in to invest.