What a 2023 for our Hancock Prospecting Artistic Swimming Australia National Team. The team celebrated in style with our Patron, Mrs Rinehart, reflecting on a year that saw the establishment of the Hancock Prospecting Artistic Swimming Australia Centre of Excellence – all made possible by our Patron.
This year’s (fireworks) show features 10,000 shells fired off three barges, it runs for 15 minutes and is choreographed to music. It’s the biggest family-friendly New Year’s Eve show Perth has ever seen. The City of Perth is very proud to be able to host this special celebration and we’re very grateful for the support of Roy Hill to help us make it all possible.
The City of Perth will lead the way with its family-friendly fireworks and lights show which is to start at 8pm at Elizabeth Quay. Hancock Prospecting operations chief executive Gerhard Veldsman said New Year’s Eve was a time to celebrate and look forward to the exciting possibilities of the year ahead.
Australia’s top businesswoman needs little introduction. In June, mining billionaire Gina Rinehart was recognised as 2023’s Western Australian of the Year, which she described as a “wonderful honour”.
For all the years Hancock Prospecting has partnered award-winning Bannister Downs Dairy, it has helped improve the lives of many through regular donations of milk supplies through Foodbank WA’s Bunbury branch. The dairy has expanded its Foodbank WA partnership to include a weekly donation of fresh and flavoured milk to Foodbank WA’s Centre for Hunger Relief at Perth Airport which will then be distributed to all branches across Western Australia.
Fireworks will light up the skies above Elizabeth Quay and Northbridge on 31 December as the City of Light rings in the new year with an array of family-friendly entertainment. Hancock Prospecting Operations CEO Gerhard Veldsman said Roy Hill were delighted to be partnering with the City of Perth to present this year’s New Year’s Eve entertainment.
It was a year marked more by failure than success. Growing differences in what buyers and sellers thought assets were worth, spurred on by a higher cost of capital, coupled with economic and geopolitical uncertainty, made the past 12 months a tough environment for deal making.
Australia’s champion swimmers have been given another massive boost ahead of next year’s Paris Olympics and Paralympics – a $1 million cash bonus from their biggest supporter.
Gina Rinehart’s Hancock Prospecting has secured a potential long-term development partner for the company’s West Australian lithium assets after teaming up with global lithium giant SQM in a $1.7bn joint takeover of Azure Minerals. Hancock and SQM will jointly bid for Azure through a newly registered company, SH Mining – half-owned by Chile’s SQM and half by Hancock subsidiary Hanrine Future Metals, with Mrs Rinehart installing trusted lieutenants Jay Newby and Tad Watroba on its board to oversee the joint venture.
Gina Rinehart’s Hancock Prospecting will join with Chile’s SQM to take joint control of would-be West Australian lithium play Azure Minerals, in a recut takeover deal. The joint takeover will lift the bid price to $3.70 a share in cash if shareholders vote in favour of the deal at a scheme meeting, with a $3.65 a share fallback price if the scheme is blocked and falls back to an on-market takeover.
Azure owns a majority stake in the Andover lithium project in Australia’s mineral-rich Pilbara mining region, where Rinehart’s Hancock runs a large iron-ore mining business.
Azure reported that Hancock had taken a large stake in company a day after SQM’s October bid. Earlier that month, Hancock scuttled a planned takeover of Liontown Resources by Albemarle, acquiring enough stock to frustrate the American lithium giant’s intention of buying the Australian company. In a statement Tuesday, Hancock said it is reviewing a number of early-stage lithium projects.
