May 08, 2019· Interest at 90% and above then folds Riversdale into Hancock, which is chaired by Australian mining magnate Gina Rinehart. Riversdale is focused on turning Grassy Mountain, a metallurgical coal deposit, into a mine that would supply the seaborne steel-making coal market.
Feb 27, 2019· Gina Rinehart’s Hancock Prospecting has launched a potential $740 million buy-out of privately owned Australian coal explorer Riversdale Resources. Hancock said today it was offering an initial $2.20 cash-a-share for the 80.2 per cent of the Sydney-based Riversdale it does not already own, but would add another 30¢ to the offer price once
Nov 04, 2020· Save articles for later. Add articles to your saved list and come back to them any time. Australia's richest person Gina Rinehart has added to her wealth after her mining company Hancock Prospecting reported a 50 per cent surge in profit on the back of soaring prices for iron ore.. Days after Mrs Rinehart topped the Financial Review's 2020 Rich List with an estimated $29 billion fortune
Mining magnate Gina Rinehart, Australia’s richest person who has given millions to promote climate change doubt, at a horserace in Melbourne. She owns Riversdale Resources, with big plans for mountaintop removal mining in Alberta.Photo by Julian Smith/EPA.
Iron ore is Rinehart’s main game. Last year Hancock took over the ASX-listed Atlas Iron; but more like an old-style resources and pastoral house, it also has interests in coal, beef and dairy. Now it’s made its biggest move offshore — preparing to spend as much as $600 million buying a coking coal
We're on a mission to revolutionise the mining industry, by changing the way we recruit our people. If you want to work at Roy Hill, you don't need the skills or experience as long as you're real the rest will come naturally. Mrs Gina Rinehart’s Speech 2020 National Mining and Related Industries Day.