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Wednesday
8 September 2010
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LIHIR GOLD LIMITED STORIES

[118 Results - Showing Results 1 to 30]

Lihir turns focus to water
(Thursday, 19 March 2009)

THE staff at Lihir Gold’s flagship Lihir Island mine in Papua New Guinea will soon have their water quality management skills boosted in an effort to preserve the vital resource.
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US slide hits Aussie stocks
(Tuesday, 24 February 2009)

WALL Street’s plunge to a 12-year low overnight saw local stocks fall in today’s trade with the bulk of Australian-listed miners finishing the session in negative territory.
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Gold prices, merger boost Lihir profit
(Thursday, 19 February 2009)

HIGH gold prices and increased production has seen Lihir Gold post a 2008 net profit of $US109.3 million ($A171.4 million) up from a $24.1 million loss in 2007.
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Lihir boosts gold production by 26%
(Wednesday, 28 January 2009)

LIHIR Gold continues to break its own production records, with gold output in 2008 of 882,000 ounces, an increase of 26% on the previous year.
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Landowner quarrel halts Lihir output
(Tuesday, 27 January 2009)

AUSTRALIA’S second-largest gold miner Lihir Gold says a dispute between landowners at Lihir Island in Papua New Guinea has led to the temporary shutdown of production at the company’s operations on the island.
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Worker dies at Victorian mine **UPDATED**
(Thursday, 11 December 2008)

A TEENAGE worker has reportedly died after being crushed by a dump truck at Lihir Gold’s Ballarat gold mine.
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Lihir Gold production up, costs rise
(Tuesday, 28 October 2008)

DESPITE the challenges of rising costs, global miner Lihir Gold delivered a 41% production increase over the September quarter.
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Debut gold pour for Lihir’s west African mine
(Tuesday, 7 October 2008)

GOLD has begun flowing at Lihir Gold’s Bonikro operation in the Ivory Coast, a year and a half after beginning construction of the open pit mine.
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Lihir: Strong gold prices supported by credit crisis, production costs and demand
Exclusively for Premium Subscribers
(Tuesday, 7 October 2008)

LIHIR Gold does not anticipate the gold price going far backwards in the context of the current world financial crisis and rising production costs, and strong demand for jewellery. Blair Price reports
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Deep-sea tailings look good to govt agency
(Monday, 6 October 2008)

A LEADING risk expert for the Australian government’s Export Credit Agency has discussed the environmental downfalls of tailings that would prevent financing or sponsorship of mining projects, but had a positive outlook on deep-sea tailings following Lihir Gold’s shining example.
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Gold soars as buyers seek safe haven
(Thursday, 18 September 2008)

WITH Wall Street losing more than 4% overnight, gold has had its biggest percentage gain since 1999 as the credit crisis worsens and investors return to the precious metal.
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Production down but profits up 77% for Lihir
(Tuesday, 19 August 2008)

LIHIR Gold has boosted its half year profits by 77%, buoyed by rising gold prices, increased revenue and the company’s completed merger with Equigold.
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Lihir predicts gold will hit $US1000 while shares dive
(Thursday, 7 August 2008)

AUSTRALIA’s second-largest gold producer Lihir Gold says gold will break the $US1000 an ounce milestone again this year or in early 2009, while the company’s shares cop a beating this week.
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Lihir on track for the year
(Wednesday, 30 July 2008)

AUSTRALIA’s second largest home-grown gold producer, Lihir Gold, has reported a 27% gain in overall production from the previous quarter after its merger with Equigold and says its full year production will meet forecasts.
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Equigold closes hedge book
(Tuesday, 10 June 2008)

EQUIGOLD has closed off more than half of its gold hedge book prior to its upcoming merger with Lihir Gold.
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Equigold shareholders approve Lihir merger
(Friday, 30 May 2008)

THE proposed merger of Papua New Guinea’s Lihir Gold and Perth-based Equigold has been approved by Equigold shareholders.
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Lihir confident of 1Moz target
(Wednesday, 21 May 2008)

LIHIR Gold says it will achieve its plans for 1 million ounces of gold production by 2011 from its mine in Papua New Guinea.
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Lihir still on the hunt for record gold production despite March quarter falls
(Wednesday, 30 April 2008)

LIHIR Gold expects to meet its record-breaking target of 700,000-770,000oz, despite a 28% fall in gold production for the March quarter.
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Equigold and Lihir set to close deal after merger formalities
(Thursday, 10 April 2008)

THE merger between Equigold NL and PNG’s Lihir Gold has taken another step forward as the boards of both gold mining companies lodged a draft scheme of arrangement with the Australian Securities and Investments Commission.
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Lihir Gold, Equigold to tie the knot
(Thursday, 20 March 2008)

GOLD miners Lihir Gold and Equigold are set to merge their businesses, creating a global gold company which will produce over 1.2 million ounces of gold per annum from next year.
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Lihir Island upgrade to boost annual output to 1Moz
(Friday, 29 February 2008)

LIHIR Gold has committed to a major $US696 million upgrade of its namesake Lihir Island operations in Papua New Guinea that will lift gold production capacity to about 1 million oz per annum from 2011.
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Gold reaches new peaks
(Friday, 29 February 2008)

HOW long until gold hits $1000 an ounce? Not long at all, with the precious metal hitting an all-time high of $US975 overnight in New York.
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Lihir takes non-cash hit to its bottom line
(Friday, 22 February 2008)

LIHIR Gold has posted a net loss of $US24.1 million for 2007 compared with a net profit of $53.8 million in the previous year due to the cost of closing out its hedge book.
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Lihir expects Ballarat boost to 2008 output
(Wednesday, 30 January 2008)

LIHIR Gold expects its total gold output for this year to be between 740,000 and 820,000oz as it brings its Ballarat gold mine in Victoria into production this year.
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Ballarat reopened
(Wednesday, 23 January 2008)

LIHIR Gold has reopened its Ballarat gold mine and has warned of a three-month delay following a rock fall that trapped miners underground in November last year.
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Gold continues to shine
(Wednesday, 9 January 2008)

THE price of gold continues its upward trajectory with the precious metal hitting a fresh all-time high overnight on the back of safe-haven buying, global unrest, rebounding oil prices and a sliding United States dollar.
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Gold enters uncharted territory
(Thursday, 3 January 2008)

GOLD prices have surged past the 1980 record overnight as the $US1000 per ounce mark thrown about last year becomes more of a reality.
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Lihir cuts production forecast, again
(Thursday, 13 December 2007)

LIHIR GOLD has slashed its production forecast for this year by 50,000 ounces of gold to 700,000oz, just days after analysts from Merrill Lynch also reduced their production forecasts for the miner.
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Lihir reduced production target a stretch
(Monday, 3 December 2007)

ANALYSTS from Merrill Lynch have reduced the company's gold production forecasts for Lihir Gold's namesake operation in Papua New Guinea but have acknowledged improvements implemented by management.
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Lihir retains Credit Suisse rating
(Tuesday, 20 November 2007)

CREDIT Suisse said it may have to revise production forecasts for Lihir Gold following a rock fall yesterday at the company's Ballarat gold mine in Victoria which trapped 27 miners.
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