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4 resultsfor “Wright family claim against Hancock Prospecting”

Business

Gina Rinehart has been forced to share her riches. But will she fight on or end the family feud?

Wright and Lang Hancock signed in the 1980s entitled the family to a share of the royalties flowing from the lucrative Rio Tinto – Hancock Prospecting joint venture project. Smith upheld this claim

The Guardian WorldApr 15
Business

Gina Rinehart’s Hancock Prospecting to pay hundreds of millions’ worth of royalties to rival family in ‘half loss half win’

Wright family heirs, including billionaire Angela Bennett and her nieces Leonie Baldock and Alexandra Burt, claimed they were entitled to an equal share of the 2.5% royalties coming from Hope Downs to Hancock Prospecting

The Guardian WorldApr 15
Business

Australia's richest person must share part of her mining fortunes, court rules

Hancock Prospecting executive director Jay Newby welcomed the court's decision, saying it confirmed the company's ownership of Hope Downs and "firmly rejecting" the claims by Wright's family

BBC NewsApr 15
Business

Gina Rinehart’s son says he wants to be a ‘united family’ in olive branch to mother after court ruling

Wright Prospecting. John Hancock, who has been [embroiled in a two-decade feud with his mother](https://www.theguardian.com/australia-news/2025/apr/20/inside-the-bitter-billion-dollar-feud-tearing-gina-rinehart-john-hancock-family-apart-ntwnfb), offered an olive branch while claiming partial victory in a statement on Wednesday following the ruling

The Guardian WorldApr 15