Showing posts with label mining. Show all posts
Showing posts with label mining. Show all posts

Tuesday, September 4, 2012

Billionaire Best Advice

Gina Rinehart is not one to throw stones.
Gina Rinehart has made some great suggestions to all those whingers.
 
"If you're jealous of those with more money, don't just sit there and complain. Do something to make more money yourself - spend less time drinking or smoking and socialising, and more time working."

They should also try hiring fewer DVD's, playing less mini-golf, and should definitely avoid family court battles. 
 
"There is no monopoly on becoming a millionaire," writes Mrs Rinehart, who has built a $20 billion-plus mining empire since inheriting lucrative tenements from her father, Lang Hancock, in 1992.
 
And stop wasting your time playing Monopoly, get back to work. Collect your $200 - which Rinehart helpfully suggests should be the new minimum wage and mortgage your house. I'll be at my hotel in Park Lane.
 
Australia risks heading down the same path as European economies ruined by "socialist" policies, high taxes and excessive regulation. And I'm with Rinehart, I don't like anything that's social.
 


Wednesday, August 22, 2012

BHP halts Oylympic Dam expansion


BHP Billiton's decision to mothball more than $US60 billion in expansion projects was neccessary to stave off a huge PR disaster said CEO Marius Kloppers.

After Australia's disastrous turn in the London Olympics, coming second place in so many events spending $30 billion on getting silver from Olympic Dam just couldn't get support from anyone.