16th FINA World Swimming Championships (25m) Medal Standings
18 December 2022. Evening update.
News
Ellison targets gas
Norwest offer a ‘Christmas present’ Chris Ellison’s Minerals Resources is open to cooperating on gas with Gina Rinehart after joining the gathering consolidation of the onshore Perth Basin with a $403 million buyout bid for partner Norwest Energy. The $16 billion mining and services group has bypassed Norwest’s board and gone straight to its shareholders, seeking to secure full ownership of the Lockyer Deep gas find, touted as potentially Australia’s biggest onshore discovery. “It’s Christmas time, so we’re giving the Norwest Energy guys the ultimate present, MinRes shares wrapped in a bow,” Mr Ellison, MinRes’ founder and chief executive, said.
McGowan must fly flag for WA
Once again, just like it did during the global financial crisis, the dirt and rocks buried in the Big State provide a lucrative windfall that continues to make our economy the envy of the world. McGowan’s public purse is bursting at the seams thanks to our resources sector, a little fact he might want to keep in mind when the industry needs him as they battle against his mate Anthony Albanese.
Gas policy shows Albanese’s true colours
Responsibility for the editorial comment is taken by WAN Editor-in-Chief Anthony De Ceglie | 16 December 2022
Christmas in the Country
Following from last year’s very special Christmas Lights Competition in the country, the Christmas Lights Competition was back for 2023 with some amazing houses who had decorated this with lights, fairy buds, reindeer, Santa, stars – and more! Another dazzling display for the country, and a very big congratulations for all of this year’s winners and entrants.
60th Australian Export Awards winner | 2GR Wagyu from Aussie paddocks to plates across the planet
For outstanding international success in the field of agricultural products, services or technology including farm production, manufactured foods and beverages, forestry and fisheries. Agribusiness, Food and Beverages 2022 Winner 2GR Wagyu Beef (Whadjuk, WA) Beef export enterprise 2GR Wagyu Beef has one of the largest purebred Wagyu beef herds in the world and exports to key markets across Asia, the UK, UAE and Canada.
Australian billionaires are investing in energy
Invest like the rich is advice, which nearly always works, because most rich people have a knack for growing their fortunes – something small investors can learn from the latest financial adventures of three mining billionaires. Amassing a collective fortune of more than $65 billion, Gina Rinehart, Andrew Forrest and Chris Ellison have generated the bulk of their wealth in the iron ore mines of WA. Rinehart leads the way on the Bloomberg billionaires list with an estimated net worth of $35 billion. Forrest is said to be worth $31 billion, while Ellison has just joined the ranks of Australia’s “billies” with a modest $1.5 billion.
All eyes on iron ore
Iron ore development in Western Australia is drawing attention thanks to big moves made by Hancock Prospecting and BHP. Hancock Prospecting executive chair Gina Rinehart has shown that her recent investments in gas and critical minerals have not shifted her presence in the iron market. Rinehart has fully united both Roy Hill and Atlas Iron under one roof thanks to an initial deal struck in 2018. The new conglomerate will see Roy Hill chief executive Gerhard Veldsman become CEO of group operations at Hancock. The new title will come with added responsibility for Roy Hill and Atlas Iron operations, as well as other projects.
Hancock Prospecting invests $60m in NT rare earths project
AUSTRALIA’S richest person has invested in Arafura Resources’ Territory-based rare earths Nolans Project. Gina Rinehart’s Hancock Prospecting has invested $60m into the company which has embarked on a drive to raise funds months out from expected full project approvalArafura chief executive Gavin Lockyer said the placement had helped bring the project closer. “We are extremely pleased with the number of new and significant Australian and offshore institutional investors joining our register including Hancock Prospecting, a company well experienced in large project developments,” Mr Lockyer said.
Notice | False statements regarding Mrs Gina Rinehart investing in crypto trading platforms
8 December 2022.
Mrs Rinehart and Hancock Prospecting Pty Ltd have been made aware of fake social media posts and associated news stories alleging that Mrs Rinehart has invested into a new automated trading platform.
Mrs Rinehart has not made the alleged investment or recommendations or quotes set forth in these adverts. This is a scam designed to use Mrs Rinehart’s positive corporate image to lure people in to invest.
