19 December 2023
Pioneer of the
Australian Iron Ore
The most successful private company ever in Australia’s history, and one of the most successful private mining companies in the world.
Built on a long and special history of investing and risk taking in Australia, Hancock Prospecting is an independent, privately owned Australian company that has a proud history with the Pilbara and the iron ore sector, and is one of the longest continuous owners of cattle stations in Australia.
The elite beach volleyball National made its way to Mollymook for the first time, delivering an action packed weekend for excited Mollymook residents and guests as part of the annual international Beach Volleyball circui t.Volleyball Australia’s patron, Gina Rinehart, and Principal Partner, Hancock Prospecting, wish all participants the best of luck for a terrific tournament.
Gina Rinehart’s mining arm is extending its reach into South America thanks to a US$120 million ($185m) commitment to explore Ecuadorian land rich in copper and gold. A Hancock Prospecting spokesman confirmed with WestBusiness that $US120m has been pledged to grab a 49 per cent stake in six separate parcels of mining land in the northern part of Ecuador.
RECIPIENT OF THE HANCOCK PROSPECTING AND ROY HILL SCULPTURE AWARD AS THE 20TH SCULPTURE BY THE SEA OPENS AT COTTESLOE
Mayor of Town of Cottesloe Lorraine Young said: “The Town is delighted to accept this generous donation from Hancock Prospecting and Roy Hill. Sculpture by the Sea is a very significant part of Cottesloe life. To have this wonderful piece added to our sculpture collection is a gift to the Cottesloe community and to the hundreds of thousands of visitors we welcome to Cottesloe every year.”
The ‘resource curse’ – the failure of many countries to benefit from their natural bounty because of exploitation or mismanagement – is ‘a very real thing’. Wanblad adds: ‘It is down to responsible mining companies to change that.’
“Hancock Prospecting is built on good Australian values where loyalty and performance are rewarded. Our vision is to create pathways to business and employment opportunity for veterans and ex military across Hancock Prospecting, That the veterans feel valued and preferentially treated when they approach us and that we create a real sense of recognition of military service to the country for which they served which for the majority will be Australia.”
Hancock Prospecting Executive Chairperson,
Gina Rinehart AO
Building an exceptional future
We are committed to developing opportunities for women across our operation. Join us to continue building an exceptional future for our great nation, and to set yourself up now and into the future.
We have varied and exciting career opportunities across our mining and agricultural businesses. To join one of Australia’s most successful private company, head to www.futureaustralianjobs.com for more information.
“Under Mrs Rinehart’s leadership, Hancock Prospecting has been transformed from a company facing a parlous financial position in 1992, when she became executive chairman, to Australia’s most successful private company,” Hancock Prospecting said. “On behalf of the Hancock Prospecting executive team and staff, congratulations Mrs Rinehart on this well-earned recognition for your hard work, dedication, and leadership. Hancock Prospecting, and indeed Australia, would not be what it is today without you.”
Gina Rinehart has capped an extraordinary year of deal-making across the mining, energy, agribusiness and retail sectors by being named The Australian Financial Review Business Person of the Year at a ceremony in Sydney on Thursday evening. The annual AFR Business Person of the Year list recognises Australia’s top leaders, builders, pioneers and stirrers – and Mrs Rinehart could meet all four criteria. Her Hancock Prospecting empire, which is the biggest private company in the country by some margin, delivered another record year of shipments from its Roy Hill iron ore mine, with robust iron ore prices driving profits to more than $5 billion. The company has a staggering $38 billion in assets on its balance sheet, propelling Mrs Rinehart to the top of The Australian Financial Review’s Rich List for the fourth straight year.