Roy Hill delivers for Rinehart

by 2 November 2017

2 November 2017 The West Australian

By Stuart McKinnon

Gina Rinehart’s Roy Hill Holdings is celebrating its maiden annual profit, marking the first full year of commercial production from its $US10 billion namesake iron ore project in the Pilbara.

Roy Hill posted a profit of $331 million for the 12 months ending June 30, up from a $34 million loss the previous year.

Bottom line profit was $523 million. It included a $274 million gain [...]

Article – Arrow Energy receives Federal approval for CSG pipeline

by 15 October 2014

9 October 2014 Cole Latimer Australian Mining

The Federal Government has approved Arrow Energy’s EIS for its massive coal seam gas pipeline.

The 580 kilometre long high pressure gas transmission pipeline is designed to connect the Bowen Basin gas fields with the proposed Arrow LNG plant and gas hub in Gladstone, and includes a mainline and three al terals.

As well as the pipeline itself, the EIS includes above ground facilities such as main line valves, scraper stations, cathodic [...]

Article – Jobs hope as mine tax gets axe

by 3 September 2014

3 September 2014 Shane Wright The West Australian

The resources sector believes there will be a surge in jobs and investment after the mining tax was finally killed by Federal Parliament yesterday.

But the superannuation industry is already warning the deal struck between the Government and the Palmer United Party to axe the tax will end up costing almost nine million Australian workers hundreds of billions in superannuation.

Created through a deal between former prime [...]

Article – Bad broadband getting in the way of regional business growth

by 1 September 2014

26 August 2014 Kimmaree Thompson The Northern Star

WHILE only 32% of Australians call regional Australia home; 67% of Australia’s exports come from the regions.

Regional Development Northern Rivers has just launched its Business Plan for 2014 and 2015 and its focus is on doing even more to connect Northern Rivers businesses with national and international markets.

With only 14.2% of Northern Rivers businesses employing more than five people, the priority for Regional Development’s 2014-15 [...]

Article – WA faces shift in job skills demand

by 27 August 2014

21 August 2014 Shane Wright and Gareth Parker The West Australian

WA will have to find another 300,000 workers over the next decade and they will need to have farming, teaching or nursing skills, a report suggests.

Compiled by Bankwest Curtin Economics Centre and to be released today, the report into the State’s changing workforce also argued more resources had to go into the childcare sector so parents could claim a job.

Almost 1.4 million [...]

Article – NT population greying amid ‘escalator migration’ of Australians nearing retirement, researchers say

by 5 August 2014

1 August 2014 James Purtill ABC News

Australians nearing retirement are taking higher paying jobs in the Northern Territory to maximise superannuation returns, researchers say.

Dubbed “escalator migration”, the phenomenon is one of several factors that is greying the Top End’s population and causing a projected doubling of over 65-year-olds by 2040.

Research from Charles Darwin University (CDU) shows the number of seniors will grow because of increasing life expectancy and more retirees staying in the [...]

Article – Roy Hill hits construction halfway mark

by 5 August 2014

30 July 2014 Cole Latimer Ferret

The Roy Hill iron ore mine has hit a milestone, reaching the construction halfway point.

The mine has been ramping up progress at the site since the successful completion of a US$ 7.2 billion loan facility in March, which was the biggest in the world at the time.

Close to 5000 people will work on the project, with more than 3800 workers currently on site and the number set to increase [...]

Article – Rinehart Says 75 Per Cent Of Roy Hill Expenditure Going To Australian Suppliers

by 1 August 2014

29 July 2014 Australasian Mining Review

The Roy Hill iron ore project in the Pilbara has now advanced past the 50% completion stage, with Chair of Roy Hill, Gina Rinehart, claiming that 75 percent of the budget has, so far, gone to Australian suppliers.

“The benefit already delivered to the West Australian and national economies by the Roy Hill project is clearly demonstrated by the fact that more than 75% of the actual or committed [...]

Article – Roy Hill boss critical of job cuts

by 1 July 2014

27 June 2014 Nick Evans and Peter Williams The West Australian

Barry Fitzgerald. Picture: Ian Munro/The West Australian.

Gina Rinehart’s right-hand man on the Roy Hill project has slammed management thinking that has seen a new wave of job cuts across the iron ore industry.

Roy Hill chief executive Barry Fitzgerald said the project was profitable at any price and producers should be able to control costs as they pursued expansion.

Speaking at an [...]

Article – 3500 people working to build Gina Rinehart’s Roy Hill mine

by 25 June 2014

20 June 2014 Vicky Validakis Australian Mining

Despite recent iron price jitters which have seen investors flee small mining firms, Gina Rinehart’s $10 billion Roy Hill mine is making steady construction progress and is almost half way done.

Targeting first ore in September 2015, the mine is 43 per cent complete, with major works to build the mine and its associated rail and port infrastructure tracking nicely.

The Roy Hill project, located 115km north of [...]