Latest News
Catch up on the latest news and insights from Atlas.
Bannister Downs milk takes home historic win
A “world class” dairy in the State’s south has won a historic accolade this week, with its milk named the most popular dairy product in the country in the prestigious Australian Grand Dairy Awards. Bannister Downs’ Farm Fresh Milk was awarded the People’s Choice Award for the most ...
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Australia has ‘been at net zero for a long time’: Ian Plimer | Rowan Dean | The Outsiders
Geologist Ian Plimer argues Australia is already at net zero because the nation’s wealth of vegetation sequesters more carbon dioxide than the output of the population. “We’ve been at net zero for a long time because we’re a very, very big country with very few people, we’...
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Rinehart-owned dairy wins popular vote | WA dairy wins national award
Gina Rinehart and the Daubney family’s joint venture Bannister Downs Dairy has created the first Western Australian milk to be crowned most popular dairy product in the country. Bannister Downs Farm Fresh Milk was awarded the People’s Choice Award at the recent 2022 Australian Grand Dairy Awards. The business ...
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Long-awaited 2021 Prospect Awards return
The 2021 Australian Mining Prospect Awards were finally held in Brisbane following COVID-related delays. Roy Hill’s iron ore mine in the Pilbara has taken home Australian Mine of the Year at the 2021 Prospect Awards. The Hard Rock Mine of the Year also went to Roy Hill’s iron ore operation, ...
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Australian Mining Prospect Awards | Lifetime Achievement Award | Mrs Gina Rinehart AO
Hancock Prospecting's executive chairman, the Hon Dr Gina Rinehart AO, was announced as the recipient of the Lifetime Achievement Award at the 2021 Prospect Awards. The Lifetime Achievement award recognises an individual who has contributed to the mining industry through their entire career. It is the most prestigious individual recognition award ...
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Sky News | Chris Smith interviews Mrs Gina Rinehart AO
Hancock Prospecting Executive Chairwoman Gina Rinehart says she does not think either major party leader is “sufficiently across” what she sees as Australia’s “two most important issues”. Ms Rinehart told Sky News host Chris Smith that one of these issues is defence. “I repeatedly say, if we don’t ...
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WA continues to be the Regina George of the Federation
Handing down his second state budget as Treasurer, Premier Mark McGowan proudly showed off an Apple Wallet with a balance of $5.7bn. The eye watering operating budget surplus is not the biggest in history. Last year the state - better known for shunning visitors and stunning sunsets - banked $5.8bn ...
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Red dirt royalties keep WA in the black, but McGowan knows they won’t last forever
Royalties from iron ore to feed the steel mills of China have allowed Western Australia to emerge from the pandemic with a surplus while NSW and Victoria face years of growing debt. The mines in the Pilbara region will deliver Premier Mark McGowan $10.3 billion this financial year, allowing the resource ...
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Absentee overload
An explosion of COVID-19 cases in WA is intensifying staffing woes, directly impacting businesses which continue to bear the brunt of skills shortages. As cases soared to a record high of 17,000 on Wednesday — well above the original peak prediction of 10,000 — businesses were left grappling with a surge in virus-related absenteeism. ...
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The 10,000 missing miners
High commodity prices are masking deep-seated problems in the world’s big mining companies were a combination of cost inflation, supply-chain tightness, and shortages of everything is starting to bite. Reports covering March quarter production, scheduled to start flowing this week, might throw fresh light on the size of the ...
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Magnetite back in favour with Rinehart | Gina Rinehart interest suggests magnetite iron ore is no boom-time folly
In the last month, Gina Rinehart’s Hancock Prospecting and Atlas Iron have joined the magnetite fray, a significant sign industry sentiment towards magnetite is changing. Atlas chief executive Sanjiv Manchada says the decision to reconsider developing magnetite projects came after Hancock acquired Atlas in 2018 and set about fully reviewing ...
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Legacy Iron Ore (ASX: LCY) and Hawthorn Resources (ASX: HAW)
Legacy Iron Ore and Hawthorn Resources revealed this week that a wholly-owned subsidiary of mining magnate Gina Rinehart’s Hancock Prospecting, Hancock Magnetite Holdings, had earned its 30% stake in the Mt Bevan iron ore project in WA’s Central Yilgarn. The news sent both Legacy and Hawthorn’s share prices ...
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Hancock joins Legacy and Hawthorn in Mt Bevan JV
Legacy Iron Ore (ASX:LCY) and Hawthorn Resources (ASX:HAW) said Hancock Magnetite Holdings has executed the earn-in agreements into the Mt Bevan iron ore project. After the earn-in, Hancock will hold 51%, Legacy will hold 29.4% and Hawthorn will hold 19.6% of the project. Work programs will then be undertaken with the ...
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