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Anna Harrington

Hancock Prospecting quits netball backing

Netball Australia Netball Hancock Hancock Prospecting Roy Hill Diamonds

The Diamonds have lost their major sponsor with Hancock Prospecting withdrawing its support. (Aaron Gillions/AAP PHOTOS) (AAP)

Billionaire Gina Rinehart's mining company Hancock Prospecting has pulled the plug on its controversial sponsorship of Netball Australia in a major blow to the sport's financial future.

Hancock had agreed a $15 million sponsorship deal over four years, due to go directly to the high-performance program, with netball's cash-strapped governing body.

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