Australian Gina Rinehart has been named the world richest woman and is well on her way to becoming the richest person in the world.
Gina Rinehart set to become the world's richest person | Perth Now
"GINA Rinehart is on par to become the richest person on the planet after new research revealed the Perth iron ore magnate's future projects will supercharge her earnings.
The reluctant millionaire Gina Rinehart is on her way to becoming the richest person on the planet, according to new research by financial corporation Citigroup.
The West Australian iron ore magnate made history last month when she became the first woman to top the BRW rich list after her fortune doubled to $10.3 billion over the past year.
But, new analysis by Citigroup suggests the 57-year-old could one day become the world’s richest person as the head of Hancock Prospecting.
She has three projects in the top 10, the same number as Rio Tinto. BHP Billiton has none.
The projects are:
* Roy Hill iron ore in WA, which is scheduled to start production in 2014, building to a rate of 55 million tonnes a year, and valued at 688,888 tonnes of copper equivalent.
* Alpha Coal in Queensland, also scheduled to start in 2014 at a rate of 30 million tonnes of coal and year – rated as 563,000 tonnes of copper, and
* Kevin’s Corner coal in Queensland, scheduled to start in 2013 also at a rate of 30 million tonnes of coal – and also rated as 563,000 tonnes of copper."
Looks like the Australian mining boom isn't over yet.
I wonder if I should get my gold pan and pick out of storage

Gina Rinehart set to become the world's richest person | Perth Now
"GINA Rinehart is on par to become the richest person on the planet after new research revealed the Perth iron ore magnate's future projects will supercharge her earnings.
The reluctant millionaire Gina Rinehart is on her way to becoming the richest person on the planet, according to new research by financial corporation Citigroup.
The West Australian iron ore magnate made history last month when she became the first woman to top the BRW rich list after her fortune doubled to $10.3 billion over the past year.
But, new analysis by Citigroup suggests the 57-year-old could one day become the world’s richest person as the head of Hancock Prospecting.
She has three projects in the top 10, the same number as Rio Tinto. BHP Billiton has none.
The projects are:
* Roy Hill iron ore in WA, which is scheduled to start production in 2014, building to a rate of 55 million tonnes a year, and valued at 688,888 tonnes of copper equivalent.
* Alpha Coal in Queensland, also scheduled to start in 2014 at a rate of 30 million tonnes of coal and year – rated as 563,000 tonnes of copper, and
* Kevin’s Corner coal in Queensland, scheduled to start in 2013 also at a rate of 30 million tonnes of coal – and also rated as 563,000 tonnes of copper."
Looks like the Australian mining boom isn't over yet.
I wonder if I should get my gold pan and pick out of storage