Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Lihir Gold on Tuesday recommended an improved A$9.5bn (US$8.8bn) takeover offer from rival Newcrest Mining, ...
We’ll send you a myFT Daily Digest email rounding up the latest Port Moresby news every morning. Lihir Gold, the Australian miner, on Thursday rejected an A$9.2bn (US$8.4bn) takeover offer from ...
Australia’s largest listed gold company by market capitalization, Newcrest Mining (ASX:NCM), said Tuesday it had to suspend production at its flagship Lihir mine in Papua New Guinea, as protests from ...
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 ...
Australian gold miner Lihir Gold Ltd. is on the block after it received a US$8.45-billion hostile bid from Newcrest Mining Ltd. According to Scotia Capital analyst David Christie, Newmont Mining Corp.
You have reached your maximum number of saved items. Remove items from your saved list to add more. Lihir Gold, Australia's second largest gold producer, and miner Equigold have agreed to a $1.1 ...
Despite shedding some of its resources in Queensland, the Australian miner was able to lift group resources to 149.7 million ounces of gold and 20.04 tonnes of copper in the Dec quarter Aggressive ...
The conflict at Lihir comes as Newcrest and its joint venture partner, South Africa's Harmony, are due to update the market today on their $5bn development plan for the Wafi-Golpu gold/copper project ...
The merger is via a scheme of arrangement, with Lihir offering 33 shares for every 25 Equigold shares, valuing the Equigold stock at $5.33. The $9 billion group would have a portfolio of assets in ...
After being engulfed in a disclosure debacle in June last year that resulted in it paying penalties of $1.2 million, Newcrest kept a tight lid on its latest writedown announcement, but its news was ...
Australia’s Newcrest Mining Ltd on Thursday reported a 30.8% sequential rise in fourth-quarter gold production, partly driven by higher mill throughput at its Lihir and Cadia mines. The country’s ...
Lihir Gold managing director Neil Swan is asking shareholders to look beyond 2003 and focus on the group's positive fundamentals after the company delivered its third successive disappointing quarter.