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Lihir reports strong half-year result

AUSTRALIA'S third largest gold producer by market capitalisation, Lihir Gold, reported today a 1.9% increase in net profit for the six months to June 30 of US$21 million and remains on target to produce 600,000 ounces of gold for the full year.

Greg Tubby
Lihir reports strong half-year result

The company, incorporated in Papua New Guinea and listed on the Australian Stock Exchange, produced 159,966oz of gold at a cash cost of US$226/oz in the June quarter, bringing half-yearly production to...

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