Lihir mine showcased at next CIM luncheon
The Lihir gold mine in Papua New Guinea will be the subject of an April 16 luncheon organized by the Toronto branch of the Canadian Institute of Mining, Metallurgy and Petroleum (CIM).The guest speake…
The Lihir gold mine in Papua New Guinea will be the subject of an April 16 luncheon organized by the Toronto branch of the Canadian Institute of Mining, Metallurgy and Petroleum (CIM).The guest speake…
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Battle Mountain Gold (BMG-N) has lowered production costs, but still took a loss in the fourth quarter and its fiscal year.The company reported a net loss of US$20.6 million (or 9cents per share) duri…
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The startup of the sulphide circuit at the Lihir gold mine in Papua New Guinea translated into higher production and lower costs for Lihir Gold (LIHRY-Q) during the last quarter of 1997.Throughout Dec…
With interests in several mines around the world, Rio Tinto (RTP-N) produced more than 1 million oz. gold during the first half of 1997, up 15% from the comparable period in 1996.The company says its …
Vengold (VEN-T) has increased its interest in the Lihir gold project in Papua New Guinea to 7.1% from 5.7%.Under an arrangement with National Provident Fund, one of Papua New Guinea’s leading financia…
Lihir Gold (LIHRY-Q) is advancing the startup date for processing of oxide ore at its namesake mine in Papua New Guinea.Construction is nearly 40% complete, and early commissioning of the sulphide pro…
Equal partners Battle Mountain Gold (BMG-N) and Normandy Mining intend to develop the Vera-Nancy project near the Pajingo complex in Queensland, Australia.The projected capital cost of US$40 million i…
Former electronics firm Arrowlink could soon be entering a golden age, if its new business strategy proves successful.Arrowlink became Triarx Gold (CDN) in April and changed its focus from electronics…
The Solomon Islands are known more for their idyllic beaches and wartime history than for gold, more for copra than for copper.However, a small Quebec-based mining company expects to change that perce…
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