Rinehart invests $8.8m in copper miner backed by son

By Emily Coles

Wednesday, 16 September 2026

NewsProjects & Operations

Gina Rinehart's Hancock Prospecting has agreed to invest $8.8m in White Cliff Minerals (ASX: WCN), where her estranged son John Hancock sits on the board and was previously the company's largest shareholder.

The MOU supports Metallium’s plan to develop a national network of e-waste processing facilities, strategically located near major e-waste collection hubs, rapidly expanding U.S. data centre industrial parks and regional industrial corridors with strong logistics and waste generation.

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NewsProjects & Operations

MCA Victoria calls for policy reset

MCA Victoria has released a policy agenda aimed at boosting regional growth through new mining projects, jobs, revenue flows and sustained economic development.

IGO divests Nova operation for $7m

NewsProjects & Operations

IGO divests Nova operation for $7m

IGO (ASX: IGO) will sell its Nova nickel operation to Global Lithium Resources (ASX: GL1) as the company prepares to conclude mining during the December 2026 quarter.

China-linked investors ignore Treasurer’s disposal orders

NewsPolitics & Regulation

China-linked investors ignore Treasurer’s disposal orders

Foreign investors appear to have ignored Federal Treasurer Jim Chalmers' disposal orders, with Northern Minerals (ASX: NTU) saying the majority of the shares remain registered to investors named in the orders.

Maritana Minerals

NewsProjects & Operations

Maritana lifts gold reserves

Maritana Minerals (ASX: MRT) has increased its total ore reserve inventory to 235,600oz of gold following the declaration of a maiden underground ore reserve for its Rose Hill project in WA.