CAPITAL MARKETS

Gina moves on Riversdale

GINA Rinehart’s Hancock Prospecting is making a move on Canadian coal. While its projects in Queensland’s Galilee Basin will likely face significant, Adani-style delays for development, she is making a A$730 million bet Riversdale Resources will face fewer hurdles in Alberta.

Gina moves on Riversdale

Rinehart, who has successfully developed the world-class Hope Downs iron ore mine in Western Australia, and who is vociferous about lowering tax payments in northern Australia under the pretext of Australian...

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