Lihir Gold

Lihir Gold bows to Newcrest offer

Newcrest

Lihir Gold has accepted Newcrest's $9.5b bid to create the world's fourth-largest listed gold miner, signalling a hunger for foreign income after Canberra hit miners with a new tax.

A waiting game for Lihir Gold

gold

Malcolm Maiden Newcrest is still in the hunt for Lihir Gold following 'contradictory' results from shareholder polls.

Lihir Gold dumps Ballarat for just $4.5m

Lihir Gold is selling its poorly performing Ballarat mine for $4.5 million in cash and future production royalties.

Lihir Gold eyed by rival suitors

Takeover target Lihir Gold says it was seriously eyed by rival suitors to Newcrest Mining.

Lihir Gold to de-list from Toronto

Lihir Gold will de-list from the Toronto Stock Exchange due to low take-up of its shares in Canada.

Lihir Gold to lift output by 50%

Papua New Guinea-focused gold miner Lihir Gold Ltd has unveiled plans to increase production by about 50 per cent in the next decade.

Lihir Gold reports $US234m for 2009

Lihir Gold Ltd has reported a net loss for calendar 2009, the result of problems at its discontinued mine at Ballarat, which is now on the market.

Lihir Gold output hits new record

Lihir Gold says annual production will rise to 1.3 million ounces in 2012 on expansion of overseas operations.

Lihir Gold production predicted to surge

Lihir Gold Ltd says annual production will rise to 1.3 million ounces in 2012 on expansion of its Papua New Guinean and Ivory Coast operations.

Lihir Gold pays dividends

Barry Fitzgerald Healthy cash margins and confidence in hitting its annual production target of up to 1.2 million ounces gold has prompted Lihir Gold to resume dividends payments and consider a capital return to...

Lihir Gold declines despite hitting targets

Lihir Gold shares fell despite the company saying it is on track to meet full-year production guidance.

Lihir Gold chief executive steps down

Gold in those hills

Investors applaud Lihir Gold CEO's decision to step down, while chairman Ross Garnaut says there has been "some interest" in its Ballarat mine.

Lihir Gold CEO Hood resigns

Lihir Gold Ltd's chief executive Arthur Hood has resigned, with the miner saying that it is the right time to make an orderly transition to a new head.

Australian business press digest: 3 February

Compiled for Reuters by Media Monitors. Reuters has not verified these stories and does not vouch for their accuracy.

Newcrest bets on rising gold price

Gold.

Newcrest Mining has delivered a record full-year profit and is bullish about the continuing strength of the soaring gold price.

Shares make strong start as panic eases

ASX markets

Stocks open sharply higher after Wall Street and European markets rose at the end of a rocky week.

Newcrest mining cashing up

Newcrest Minings CEO Greg Robinson.

Garimpeiro The market ponders the ambitions of Newcrest's new managing director, Greg Robinson.

Former Newcrest chief takes Orica reins early

ian-smith

Barry FitzGerald Ian smith will take over in February 2012, with current chief bringing forward his retirement.

Castlemaine rekindles a golden glow

Craig Hutchinson pours first gold for Ballarat Gold.

Garimpeiro THERE were smiles all round in the gold room at Castlemaine Goldfields' (CGT) Ballarat gold project yesterday when the first bar from the recommissioned project was poured.

Surge in price presents a golden opportunity

Gold.

Garimpeiro Bill Beament allowed himself a small glass of champagne in the front bar of Kalgoorlie's Palace Hotel last week when the late news came through that the local gold price had broken through the $1500...