News

News

Inspired by our Executive Chairman, Mrs Rinehart’s longstanding efforts to support breast cancer
awareness and research, the team at one of the world’s largest dry bulk shipping companies have
instigated ‘Pink Thursday’.

Oldendorff Carriers is Roy Hill’s major shipowner and we are delighted to see them helping to raise
important awareness of one of the single biggest killers of women in Australia.

Roy Hill’s introduction of pink trucks, pink locomotives and other pink mining equipment has been world leading and we welcome the participation from our suppliers in supporting breast cancer awareness.

25.05.2022

Inspired by our Executive Chairman, Mrs Rinehart’s longstanding efforts to support breast cancer awareness and research, the team at one of the world’s largest dry bulk shipping companies have instigated ‘Pink Thursday’.

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Path of Hope Gala 2022

21.05.2022

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.

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Long-awaited 2021 Prospect Awards return

21.05.2022

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.

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Australian Mine of the Year: Roy Hill

20.05.2022

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.

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

18.05.2022

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."

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Sky News | Chris Smith interviews Mrs Gina Rinehart AO

15.05.2022

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.

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WA continues to be the Regina George of the Federation

13.05.2022

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.

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

13.05.2022

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.

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Absentee overload

12.05.2022

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.

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