Rinehart’s Hancock Prospecting posts bumper $5.57bn profit
The result is 10 per cent more than the mining and investment giant achieved a year earlier, and its revenue of almost $15bn is the second highest in the company’s history.
The result is 10 per cent more than the mining and investment giant achieved a year earlier, and its revenue of almost $15bn is the second highest in the company’s history.
Chris Ellison, the embattled boss of Mineral Resources, needed money through the door fast. And it was Gina Rinehart who answered the call.
Gina Rinehart paid tribute to her friend, MinRes boss Chris Ellison, after pulling off a huge WA gas buyout, as MinRes revealed it had cut over 570 jobs in the last four months.
Prime Minister Anthony Albanese has moved to calm ministers over his Qantas upgrades saga at a Labor meeting, with one attendee telling The Australian the PM was rambling and his monologue was even worse than his widely-panned press conference a day earlier.
As Australian mining magnate Gina Rinehart looked on, Donald Trump influencer Steve Bannon has predicted a convincing Republican victory at Miranda Devine’s book launch, just hours after being released from US federal prison.
The ASX hits a four-week low before rebounding. Gains in tech, consumer discretionary, property and financial stocks are offset by falls elsewhere. Investors pile into Mineral Resources after Rinehart’s $1.13bn deal. JB Hi-Fi, Wesfarmers and Coles rise on positive updates.
Australia’s richest person, Gina Rinehart, has bulked up her fortune, snaring a $2.8bn windfall from her flagship Roy Hill iron ore operations.
Billionaire Gina Rinehart-backed Vulcan Energy will use UK industrial software giant Aveva to build the ‘digital backbone’ for its zero-carbon lithium brine project.
Noosa’s most expensive house has just hit the market with a $35m price tag, and agents expect to bag a sale before Christmas.
Gina Rinehart praised the Coalition’s Jacinta Nampijinpa Price, urged the ADF to shift to Darwin and chastised unacclimatised city folk, in a recorded address to the Institute of Public Affairs.
Billionaire Gina Rinehart-backed lithium producer Liontown Resources’ first shipment of concentrate from its flagship Kathleen Valley operation has left Australia for China.
Gina Rinehart’s Hancock Prospecting has finally received the go-ahead for a new $600m Pilbara mine and the billionaire has blasted government policies for the lengthy delay.
Socceroos great Craig Foster has taken aim at Gina Rinehart and the AOC over their sponsorship partnership amid a global campaign on so-called fossil fuel company ‘sportswashing’.
A penthouse on this luxury residential ship has just come up for sale, but is it worth its price tag? Come on board to see how the rich and famous kick back.
Gina Rinehart’s Hancock Prospecting has retained the top spot as Australia’s largest private company in IBISWorld’s Top 500 | SEE THE LIST
The Albanese government’s inability to decide on gender and sexuality in the next census suggests a loss of nerve.
Gina Rinehart has warned that the Albanese government’s industrial relations and environment policies risk alienating Australia’s two largest producers, Rio Tinto and BHP, and could drive the mining giants offshore.
Mining magnate Gina Rinehart says more federal red tape will scare off the nation’s biggest companies, calls for the ‘elimination’ of taxes.
The billionaire will raise concerns over the ability of renewable energy to replace baseload coal and gas, saying ‘humungous’ spending will be needed on solar and wind as Australia’s electricity grid faces an uncertain path to green power.
Short-changing the regions with anti-business decisions bad for nation.
Original URL: https://www.theaustralian.com.au/topics/gina-rinehart/page/2