The sale of Aroona marks closure for the McLoughlin family’s Jerambak Holdings NT cattle production interests, but they continue to run a large Queensland cattle operation at Rainbow Downs, near Rolleston, and Roxborough Downs, south of Mt Isa. The permanent Flora River bisects the Aroona property, giving a high level of water security. The deal, for the land component only was for $13.5 million. Hancock Prospecting est une entreprise minière basé à Perth en Australie. Hancock Prospecting significantly funds the Institute of Public Affairs (IPA), paying the IPA $2.3 million in financial year 2016 and $2.2 million in financial year 2017, which represents one-third to a half of the IPA's total revenue in those years. The Roy Hill story is an incredible one, dating back many years. Andrew is extremely passionate about his work and a great team player who has a unique ability to communicate technical solutions at all levels. The McLoughlins also owned Scott Creek, adjoining Mathieson to the east, also sold a couple of years ago. Mrs Rinehart acquired the Roy Hill tenements in the early 1990s after her father’s passing and after BHP … Hancock Prospecting has completed the purchase of Aroona, a 147,000ha bock on the edge of the Victoria River District. VIEW POST Major Highlights ‘Things We Love’ Sydney launch, speech by Alan Jones. Save my name, email, and website in this browser for the next time I comment. In my experience working with Andy, he has always demonstrated a high degree of technical expertise across all ICT disciplines and always strives to deliver business value to his customers. A second contract was written on the 14,000 Brahman cross branded cattle running on the property, although no price was disclosed. Your email address will not be published. On the one side is Mr Hancock’s heir and the richest woman in Australia, Gina Rinehart, coupled with her company Hancock Prospecting. Contributions that contravene our Comments Policy will not be published. The Flora River provides good permanent water on Aroona. Hancock Prospecting has completed the purchase of Aroona, a 147,000ha bock on the edge of the Victoria River District. GINA Rinehart’s Hancock Prospecting has added another piece to its Northern Territory beef supply chain jigsaw puzzle, outlaying about $24 million to secure a large grazing holding southwest of Katherine to use as a depot facility for live exports out of Darwin. Hancock Prospecting supports our swimmers - Duration: 31 seconds. In Hancock Prospecting’s statement, CEO Garry Korte said with continued investment, the company’s beef portfolio would grow, presenting greater economies of scale with an opportunity to increase stock numbers and productivity. Hancock Prospecting increase direct funding to swimmers in the lead up to Tokyo 2021. Country is a mix of basalt and lesser quality Katherine red country. Georgina Hope "Gina" Rinehart is an Australian mining magnate and heiress who is Chairman of Hancock Prospecting, a privately owned mineral exploration and extraction company founded by her father Lang Hancock. Vendors John and Kate McLoughlin said they were pleased that Gina Rinehart had bought Aroona because they were “confident she would take good care of the land and her continuing investment in her stations is good news for Aroona and Australian Agriculture.”. Elle a pour chef d'entreprise, Gina Rinehart. Your email address will not be published. Tad Watroba Speech February 2019 - Duration: 4 minutes, 18 seconds. She is one of Australia's richest people with net worth of $14.8B for 2019, ranked the first in the list "Australia’s 50 Richest People" by Forbes and one of the world's richest women. Since first investing in the NT cattle industry 11 years ago, the McLoughlins have progressively sold down their NT interests. VIEW POST Diggers & Dealers 2020: Gina Rinehart breaks new ground again as first woman to claim forum’s highest honour. The deal, for the land component only was for $13.5 million. Colliers International’s Rawdon Briggs was sole agent for the sale. Required fields are marked *. Frontage to the all-weather Victoria River Highway was a key logistics feature in the purchase, and the property will be used in tandem with HPPL’s Phoenix Park registered live export depot facility nearer to Katherine, to assist timing opportunities for getting VRD-bred cattle to markets. Part of their East/West Mathieson aggregation was subdivided into three components, renamed Stapleton (60,000ha, now owned by Cloncurry, Queensland cattleman Dan Lynch); Aroona, 147,000ha sold this week to Hancock; and one other smaller block. 72 views; 7 months ago; 4:18. Portail de la mine; Portail des entreprises; Portail de Perth La dernière modification de cette page a été faite le 15 décembre 2014 à 12:38. Roy Hill is Hancock Prospecting’s majority owned US$10 billion mega iron ore operation, which has successfully ramped up production to become Australia’s single largest iron ore mine producing 55 million tonnes of ore per annum. Being near the Phoenix Park export depot will assist in the wet season growing program for cattle from Hancock Beef’s Riveren and Inverway stations further west in the Victoria River District, as well as providing better market timing options for some of Kimberley cattle stations, she said. Your comment will not appear until it has been moderated. On the other are the heirs of Mr Hancock’s business partner, Peter Wright, and the descendants of a third Pilbara mining pioneer, Don Rhodes. In a statement, Hancock’s Gina Rinehart said the company was interested in securing Aroona because it would complement existing investments in the north. The block will run 15,000 head in a good season, and is currently in exceptionally good shape, after one of the best northern wet seasons in recent memory. A second contract was written on the 14,000 Brahman cross branded cattle running on the property, although no price was disclosed. Your comment will not appear until it has been moderated. At a typical territory herd-scale valuation from branded weaners to aged cows of $750, it would value the cattle component at around $10.5 million, giving a total asset value of about $24 million.

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