Hancock Prospecting

Hancock Prospecting was founded by the late mining entrepreneur Lang Hancock to develop iron ore projects in the Pilbara region of Western Australia.

In August 2011, it was reported that Hancock Prospecting is in negotiations with Indian company GVK to sell Hancock's holdings in the Galilee Basin - about 400km inland of Mackay, Australia - for $2 billion. In mid-September 2011 GVK announced that, via subsidiaries, it had entered into agreements with Hancock Prospecting to buy 79% of Hancock Coal's Alpha Coal Project, the Alpha West coal project and all of the Kevin's Corner Coal Project and Hancock's interest in "the rail and port project connecting the above coal projects to the port of Abbot Point and Abbot Point T3 expansion project".

Subsidiaries
Subsidiaries of Hancock Prospecting include:
 * Hancock Coal, which owns the Alpha Coal Project ; and
 * Hancock Galilee, the owner of the Kevin's Corner Project.

Personnel

 * Cheryl Edwardes, Executive General Manager- External Affairs, Government Relations and Approvals

Contact details
HPPL House 28-42 Ventnor Avenue West Perth Western Australia 6005

Mailing Address P.O. Locked Bag No. 2 West Perth WA 6872

Telephone +61 8 9429 8222 Fax +61 8 9429 8266 Email: mail AT hancockprospecting.com.au Website: http://www.hancockprospecting.com.au/index2.html

Related SourceWatch articles

 * Australia and coal
 * Queensland and coal