CAPITAL MARKETS

Lihir to shed 10% of expat workforce: report

NEWCREST Mining will reportedly cut around 150 jobs at its world-class Lihir gold mine in Papua New Guinea as part of a shift towards producing low-cost ounces.

Blair Price
Lihir to shed 10% of expat workforce: report

As part of its share-crunching announcement earlier this month on holding $A5-6 billion of asset impairments since the gold price plunge, Newcrest flagged using the big stockpile at its Lihir mine to avoid...

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