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Lihir predicts gold will hit $US1000 while shares dive

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 predicts gold will hit $US1000 while shares dive

Gold has been heading south this week, having crashed through the $US900 level with the spot price last trading at $US878.80/oz on the Comex division of the New York Mercantile Exchange. Reported by...

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