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Arthur Hood
Arthur Hood

Lihir doubles half-year profit, gold output at record high

Australian-miner Lihir Gold (LGL) has reported a record underlying profit of $154,9-million for the six months ended June 2009, a 130% increase on the prior corresponding period. The strong profit result confirmed the significant operational...
26th August 2009

Australia’s Lihir Gold expects ’09 output to hit 1Moz

ASX-listed gold miner Lihir Gold (LGL), which operates mines in Papua New Guinea (PNG), Côte d’Ivoire and Australia, on Thursday reported an 8% increase in interim production. LGL recorded record half-year gold output of 612 000 oz, compared with...
30th July 2009

Lihir Gold to sell Ballarat gold mine

Australian gold-miner Lihir Gold on Tuesday reported that it would initiate the sale of its Ballarat gold mine, in Victoria, after a project review was recently completed. The review found that despite encouraging results from ongoing exploration...
21st July 2009
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