Hancock Prospecting Pty Ltd
ASX: not listed
Georgina Hope Rinehart
Chairman & Director
Mrs Rinehart joined the Hancock Group initially as the personal assistant to her father Lang Hancock, after studying Economics at Sydney University. Mrs Rinehart gained an extensive knowledge of the Pilbara iron ore industry during those years and in particular Marandoo, for which a Bankable Feasibility Study was undertaken, in conjunction with then partners, Texas Gulf of the USA. Mrs Rinehart became Executive Chairman of HPPL and the HPPL Group of companies in March 1992.
Since becoming Executive Chairman, and after entering the Iron Ore (Hope Downs) State Agreement in December 1992, the Hancock Group has explored and undertaken a pre-feasibility study of Hope Downs, and commenced a bankable feasibility study. Mrs Rinehart was awarded “Deal of the Year” at the 2006 Diggers and Dealers Forum for the 50:50 Joint Venture with RTIO at Hope Downs, which is now a producing mine. In 1992, after the first exploration field trip (together with Chief Geologist, Richard Paquay) Mrs Rinehart decided HPPL should apply for the Roy Hill 1 tenements, which were granted in 1993. HPPL is currently funding and progressing a pre-feasibility study on the Roy Hill 1 project, a project that is potentially the largest undeveloped marra mamber deposit in Australia.
In 2007, Mrs Rinehart entered the Jacaranda Joint Venture Alliance, which has applied for additional tenements and holds tenements across Australia (Uranium, Lead, Zinc, Molybedenum, Gold, Diamonds and Petroleum).
Mrs Rinehart continues to oversee significant progress exploring, expanding and evaluating potentially world class mine developments in the Hancock Prospecting Group portfolio, together with an expanding property portfolio.
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