Austmine reveals the five key themes that emerged for the mining and METS sector at its 2019 mining innovation conference in Brisbane.
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Mining moguls make their mark in Australia’s wealthiest 250
Seventeen of Australia’s richest 250 built their wealth upon the mining sector, with Hancock Prospecting’s Gina Rinehart leading the cohort with $13.12 billion.
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Riversdale shareholders reject Hancock’s $591m takeover offer
Hancock Prospecting's takeover bid for Riversdale Resources has hit a hurdle after two prominent shareholders rejected the offer.
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Gina Rinehart slips in Forbes global rich list
Iron ore and cattle magnate Gina Rinehart has placed 75th in Forbes' 2019 list of the richest people in the world with a personal net worth of $US15.2 billion ($21.5 billion).
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Riversdale takes time to consider Hancock takeover bid
The board of Riversdale Resources has recommended shareholders take no action relating to a takeover offer received from Hancock Prospecting last week.
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Hancock-owned company invests in Victorian gold project
Gold Exploration Victoria (GEV) is investing just over $13 million to acquire around 11 per cent of Perth-based explorer Catalyst Metals.
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Hancock makes $591m offer to buy out Riversdale Resources
Hancock Prospecting has announced its intent to purchase the remaining shares in Canadian company Riversdale Resources that it doesn't already own.
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Roy Hill performance jumps in second year of production
The Hancock-owned Roy Hill operation has revealed that its post-tax profits have jumped 69 per cent to $558 million in just the second year of production.
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Hancock secures compulsory takeover of Atlas Iron in Rinehart win
Hancock Prospecting subsidiary Redstone Corporation has secured over 90 per cent of Atlas Iron's shares, allowing the Gina Rinehart-owned company to commence a compulsory acquisition of the remaining shares.
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Rio Tinto, Hancock Prospecting launch fourth Hope Downs development
Joint venture partners Rio Tinto and Hancock Prospecting have opened the Baby Hope mine, a fourth Hope Downs operation that boasts the use of automation.
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Roy Hill paints the Pilbara pink
Pilbara iron ore miner Roy Hill has painted two locomotive cars destined to join its train fleet pink in support of breast cancer patients.
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Hancock Prospecting heightens offer price to Atlas Iron
Hancock Prospecting has increased its offer price to Atlas Iron, from 4.2 cents to 4.45 cents per Atlas share, in an attempt to secure at least 87 per cent voting power in the junior miner.
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Hancock Prospecting extends Atlas Iron takeover bid
Hancock Prospecting through its subsidiary Redstone has extended its takeover bid for Atlas Iron. The offer has been extended to August 31, 20 days later than was originally set and "subject to any further extension".
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Hancock Prospecting makes Atlas takeover bid ‘unconditional’
Hancock Prospecting has made its acquisition of Atlas Iron's shares unconditional in an effort to push forward its all-cash takeover bid.
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Atlas Iron urges investors to accept Hancock takeover
Atlas Iron's directors have unanimously recommended shareholders accept Hancock Prospecting subsidiary Redstone Corporation's $390 million takeover offer in a company target statement.
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ASIC extends Atlas deadline for Hancock takeover offer response
The Australian Securities and Investments Commission (ASIC) has granted Atlas Iron relief regarding the deadline of its target statement in response to a $390 million takeover offer from Gina Rinehart-owned Hancock Prospecting.
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Roy Hill launches Gina Rinehart vision to share profits with employees
Roy Hill has introduced a scheme that will see some of the profits of owner, Hancock Prospecting, shared with employees.
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Takeovers Panel clears Hancock bid for Atlas Iron
The Takeovers Panel will not take action following an application from a Fortescue Metals Group subsidiary to conduct proceedings into the takeover of Atlas Iron.
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Fortescue puts pressure on Atlas Iron over port development
Atlas Iron has reinforced its position as a potential developer of export facilities at Port Hedland, saying it has no exclusive rights at the major Western Australian iron ore port in this regard.
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Fortescue takes aim at Hancock bid for Atlas Iron
Fortescue Metals Group has raised concerns about “misleading statements” in Hancock Prospecting’s bidder’s statement for its proposed $390 million acquisition of Atlas Iron.
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