News

Rio Tinto says its has signed off on the legal framework covering the development of Simandou

Rio Tinto has finally signed off on a key development agreement with the Guinean government over the port and rail infrastructure needed to get the giant Simandou iron ore mine in Guinea, West Africa, into production. Rio late on Friday said it had signed off on the joint venture arrangements with the Guinean government and the China-backed Winning consortium on a “co-development convention”. The agreement clears the way for an acceleration in the development of Simandou, long lauded as the biggest undeveloped iron ore project in the world.

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Rio Tinto and partners reach agreements on rail infrastructure to unlock Simandou

Rio Tinto and its joint venture partners have reached a key infrastructure milestone with the Republic of Guinea towards the full sanctioning of the Simandou iron ore deposit in the West African country. The mining giant said the parties had reached agreements on trans-Guinean infrastructure for the massive project, creating legal framework for the co-development of more than 600km of new rail line. The rail will be used to export the steel-making ingredient from the Simandou mining concessions in the southeast of the country.

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Bernardi | Commando Welfare Trust | Supporting defence families

Cory Bernardi interviews the Chairman of the Commando Welfare Trust. Brigadier Mark Smethurst DSC, AM (Retd), speaks of the vital importance of the trust that ensures financial support to families of Veterans during times of tragedies such as the recent taking place in the Whitsundays. Hancock Prospecting & Mrs Gina Rinehart AO providing direct financial support to the Fund, and the opportunity for other Australians to further contribute.

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Gina Rinehart to take centre stage at Bush Summit in Perth

Mining magnate Gina Rinehart and cricket legend Adam Gilchrist will headline the inaugural West Australian leg of the Bush Summit in Perth on Monday. Mrs Rinehart, Australia’s richest person, will deliver the keynote speech before she participates in a Q&A session with The Australian’s managing director, John Lehmann. Bush Summits are being held around Australia for the first time this year, and will bring together decision-makers and thought-leaders to discuss the biggest issues facing regional industries and communities. This year’s Perth event comes at a time when regional WA is in the national spotlight in a way rarely seen.

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OLYMPIC CASH FOR WINNERS

Australia’s Olympic hopefuls have been given a massive boost to go for gold in Paris next year with generous sports supporter Gina Rinehart tipping in a $3 million incentive for the big winners.

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Hancock fund delivers athletes well-earned rewards

Athletes will receive bonus payments for medals and world records in international competitions under a program funded by Gina Rinehart. The Patron’s Medal Achievement Incentive Fund, announced by Mrs Rinehart’s Hancock Prospecting on Sunday, will give Australia’s best athletes and para-athletes across swimming, rowing, volleyball and artistic swimming bonuses for success on the world stage.

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Sky News | Bernardi Podcast | Commando Welfare Trust

Cory Bernardi interviews the Chairman of the Commando Welfare Trust. Brigadier Mark Smethurst DSC, AM (Retd), speaks of the vital importance of the trust that ensures financial support to families of Veterans during times of tragedy. Additionally the significant financial support by Mrs Gina Rinehart AO, and the opportunity for other Australians to further contribute.

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Rinehart’s $3m fund for four Olympic, Paralympic sports

Australia’s richest person, Gina Rinehart, has created a $3 million fund to reward athletes who win gold medals or set world records in four Olympic and Paralympic sports.”This additional funding … is fantastic,” Australian Swimmers Association president Bronte Campbell said on Sunday. “She is truly unique as a patron of our swimmers.” Rowing Australia president Rob Scott said the generosity to the sport of Rinehart and her company Hancock Prospecting had no peer. “There is no other patron who has been so generous with both their personal support and advocacy for our athletes,” he said.

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