Australian business magnate Gina Rinehart has purchased Glencoe Station in New South Wales for $30m, to expand her Wagyu beef operation. The Station, which is a 10,000 hectare property in north of Dubbo, is situated 20km away from the ...
Tags: Gina Rinehart, beef, angus herd
Australian mining heiress Gina Rinehart has announced plans to invest $500m in an infant milk powder joint venture Hope Dairies for export to China. The move comes in advance of an expected announcement of a free-trade agreement ...
Tags: Australian, infant milk, Queensland
Australian mining heiress Gina Rinehart is planning to invest $500m in a new infant milk powder venture Hope Dairies. According to media reports, Rinehart is expected to sign a memorandum of understanding with Queensland Government and ...
Former Chinese commodities trader Jerry Ren, who is quietly building a mining empire in the Australian outback, scoffs at talk the resources boom is over. For him its just moved north. As some mining firms clock up billions of dollars in ...
Tags: Mining Boom, Chemicals
The Australian sharemarket has closed higher, with investors encouraged by the recent strength of global markets. At 4.15pm AEDT, the benchmark S&P/ASX 200 index had risen 53.8 points, or 1.11 per cent, to 4889.0 points - its highest ...
The Western Australia state government said that Ms Julia Gillard’s PM of Australian, tax on iron ore and coal company profits is illegal because it limits state governments’ ability to finance development. Western Australia ...
Tags: iron ore, coal, mine tax, Minerals Resource
Australian billionaire Ms Gina Rinehart's closely held Hancock Prospecting Pty posted a 74%jump in profit in 2011 as iron ore sales and royalties surged According to financial statements filed with Australian regulators,profit in the 12 ...
ABC News reported that iron ore miner Grange Resources remains committed to its multi billion dollar Southdown magnetite project on WA's South Coast, despite announcing major job and expenditure cuts. Grange Resources said that its ...
Tags: Grange Resources, magnetite, iron ore
The Australian reported that construction of a new rail line through Western Australia's resource rich Pilbara region could drive down iron ore prices and force out of business the very mines the network would unlock, an exhaustive analysis ...
Tags: Pilbara, iron ore, BHP Billiton