News
Hancock Prospecting wins prestigious global mining award
Hancock Prospecting is excited to announce that it has been awarded the Raw Materials & Mining Industry Leadership Award at the 2018 S&P Platts Global Metals Awards in London.
In its sixth year, the S&P Platts Global Metals Awards recognizes top performers, industry leaders and innovators in metals and mining sectors.
This year’s win follows on from two wins last year at the 2017 S&P Platts Global Metals Awards where Mrs Rinehart was presented with the Lifetime Achievement Award for her outstanding leadership in the mining and resources sector, and Roy Hill received the Rising Star Company Award.
Hancock Prospecting CEO Garry Korte was also recognised at this year’s 2018 awards being nominated in the CEO of the Year category by Mrs Rinehart, but unfortunately, perhaps with Garry’s short tenure as CEO, this was awarded to another company. He did however, while CFO of Roy Hill, receive a prestigious award in Australia for the Roy Hill financing, in which he played an integral role. This financing involved the world’s largest debt funding package for a mainly greenfield, land based mining project, from 19 of the world’s largest banks and 5 export credit agencies.
At the annual black tie occasion, the judges made reference to Hancock Prospecting’s considerable efforts and the turn around the company has undergone thanks to the leadership, dedication and effort of Executive Chairman Mrs Rinehart.
Today, Hancock has a 50 per cent stake in three major iron ore mines at Hope Downs, with a fourth due to open in approximately 4 months’ time, and also founded, progressed and owns a majority stake in Roy Hill, the single largest iron ore mine in Australia.
Hancock has also continued to grow and diversify its mining business investing overseas in UK-based Sirius Minerals and prospective tenements in South America.
Hancock would like to extend its warmest congratulations to POSCO for being recognised last night at the prestigious S&P Global Mining and Metals black tie event scooping two awards, the Corporate Social Responsibility and the coveted Mining and Metals company of the year gong. Hancock would also like to congratulate its Hope Downs partner, Rio Tinto, who were also recognised with an award for their work in the industry.
