SYDNEY (Reuters) - Lihir Gold Ltd agreed to buy smaller West African gold miner Equigold NL for A$1.1 billion ($1 billion) on Thursday, as it seeks to increase production and expand outside its base ...
Newcrest Mining (OTCPK:NCMGF) (OTCPK:NCMGY) reported late Tuesday its FQ2 gold production fell 2.8% Q/Q, due to lower mill throughput at the Lihir mine in Papua New Guinea and temporary suspension of ...
Newcrest reported lower than expected production in fiscal Q4 after extreme weather at Lihir, impacting its FY2023 results. However, despite headwinds during the year and a weaker average realized ...
MELBOURNE (Reuters) - Australian gold miner Lihir Gold has rejected a $8.45 billion takeover offer from rival Newcrest Mining , saying it failed to capture the growth potential in its biggest mine and ...
Newcrest Mining Ltd said it is prepared to improve the structure of its A$9.2 billion (US$8.4 billion) takeover offer for Lihir Gold Ltd after the original bid was rejected. Lihir believed the offer ...
Australia's Newcrest Mining on Friday reported a nearly 25% slide in full-year profit and halved its dividend from a year ago, hit by rising costs and lower output at its Lihir and Cadia mines. Adds ...
Lihir's managing director Arthur Hood said the company would axe 200 mostly contracting jobs from the Ballarat goldfields operation, in central Victoria. "While the gold is there, we have found it is ...
Jan 25 (Reuters) - Australia's Newcrest Mining NCM.AX said on Wednesday gold production fell 2.8% in the second quarter from the first, hurt by lower mill throughput at a Papua New Guinea mine and ...
LIHIR Gold has reported a dip in first quarter gold production but maintains its production guidance for calendar 2008. The Papua New Guinea-focused firm said gold production fell 28 per cent in the ...
MELBOURNE - Australia's Newcrest Mining said on Wednesday gold production fell 2.8% in the second quarter from the first, missing analyst expectations, after operations were suspended at its Brucejack ...
The fight against the dumping of toxic waste off the coast of Madang in Papua New Guinea suffered a setback when a court injunction against the Ramu nickel mine, which is building a pipe to dump its ...