News
Future Sunshine Coast lunch event to discuss 2032 Olympics legacy priorities
Hancock Prospecting executive chairman Gina Rinehart and Olympic legend Dawn Fraser will be among the guest speakers at the Future Sunshine Coast lunch event on November 30. The lunch at Maroochy RSL will provide a critical discussion on how the region can benefit from the Brisbane 2032 Olympic and Paralympic Games legacy.
Hancock intends to acquire stake in Australian iron ore project
Hancock Prospecting unit Hancock Magnetite (HMPL) has reached an agreement to earn into the Mt Bevan iron ore project in Western Australia. Signed with the project joint venture (JV) firms Legacy Iron Ore (60%) and Hawthorn Resources (40%), the deal provides exclusive rights for HMPL to earn into the project and form a new JV agreement. Under the deal, Hancock Magnetite will initially invest $6.5m (A$9m) in the project.
Mining magnate Gina Rinehart backs changes to age pension system to keep older workers on the job
“We are a supporter of the government changing its policy where pension arrangements are concerned, so that pensioners can work should they so choose, without onerous tax resulting from their decision to work. “Hancock is a very patriotic company that supports investment in Australia, primary industries and jobs in WA and Australia. When mining does well, Australia does well.”
Interview with National Seniors Australia Chief Advocate Ian Henschke.
Henschke says he was pleased to see Gina Rinehart has come out and talked about this, noting business leaders watching them tonight are saying they need the workers to be able to do the jobs they require at the moment.
Hancock Prospecting to pay initial $9m to earn into Hawthorn Resources and Legacy Iron Ore’s ’ ‘Mt Bevan’ iron ore project
Hawthorn managing director Mark Kerr called it a transformational deal for shareholders. “Hawthorn is delighted to see Hancock join us to expedite development of our top-quality iron ore project,” he says. “All steel mills favour high-grade ore as they seek to reduce emissions going forward.”
RESHAPING THE STATE BEGINS NOW
“The thing we really should be focusing on is that knowledge economy,” she said. With 3903 days until the opening ceremony of the Brisbane Olympics, business leaders have called for the state government to appoint members to the 2032 organising committee and ensure bureaucratic red tape does not stifle bold development ideas. Archipelago director Peter Edwards said organisers and Queensland residents must realise the challenge and opportunity to transform the city.
Mining magnate Gina Rinehart looks to expand iron ore empire into WA’s Goldfields region
Mining magnate Gina Rinehart has struck a deal to buy into an iron ore project in WA’s northern Goldfields, further expanding her iron ore empire which includes the Roy Hill mine in the Pilbara. Hawthorn Resources managing director Mark Kerr described it as a “transformational deal” for the company. “Hawthorn is delighted to see Hancock join us to expedite development of our top-quality iron ore project,” Mr Kerr said in a statement.
Mining magnate Gina Rinehart backs changes to age pension system to keep older workers on the job
“Hancock recognises the shortage of staff Australia-wide disrupts many projects and delays supplies,” Mrs Rinehart said. “We are a supporter of the Government changing its policy where pension arrangements are concerned, so that pensioners can work should they so choose, without onerous tax resulting from their decision to work. “Hancock is a very patriotic company that supports investment in Australia, primary industries and jobs in WA and Australia. When mining does well, Australia does well.”
Media release | Hancock earn-in with Mt Bevan magnetite project
Hancock Magnetite Pty Ltd (HMPL), a wholly owned subsidiary of Hancock Prospecting Pty Ltd (Hancock), is pleased to confirm that it has entered into an exclusive agreement to earn-in to the Mt Bevan Project.
FUTURE BRISBANE | Wednesday 1 December, 2021
The Brisbane 2032 Olympic and Paralympic Games are a once-in-a-generation opportunity to redefine all of Queensland. This Future series major lunch event will identify the legacy opportunities and how industry and communities can benefit over the next 10 years and for decades to come. Join us as we discuss the region’s priorities for transport, infrastructure, sport, tourism and business, and highlight the catalytic impact an Olympics can have.
New wave of investment into tourism
“Our natural experiences are already world-class, but we have to look at the weakest link, which at the moment is the accommodation and the service experience.” Mining magnate Gina Rinehart is among those advocating for new investment in marinas for the superyacht glitterati who would consider coming to Queensland for the Greatest Show on Earth. “There’s the opportunity for more marinas, including for the bigger spending larger yachts, with attractive marine surrounds, for example sandy bars, gourmet supplies, jewellery and clothing boutiques, ice cream parlours, cafes and restaurants, like they have overseas,” she said.
