Shares in both firms were placed in trading halts to await the results of the vote at a meeting held in Port Moresby. Newcrest last traded at $35.78, while Lihir finished Friday's trading session at ...

SHARES in Lihir Gold have jumped strongly in opening trade, after it announced it had rejected a takeover bid from Newcrest Mining. At 11am AEDT, shares in Lihir were up 93 cents or 30.69 per cent, at ...

Lihir chairman Professor Ross Garnaut said his company has been in casual talks with Newcrest for quite a long time and had not given any indication it would return with a higher bid. Documents lodged ...

Lihir said Hood resigned and will step down immediately. The miner appointed chief financial officer Phil Baker as interim chief executive pending a global search for a CEO. "Under Mr Hood's ...

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 ...

Like the guy in those annoying cell phone commercials, I have frequently felt like a broken record over the past several years. Can you Lihir me now? Lihir has politely refused a friendly takeover bid ...

Lihir Gold has posted its second highest quarter production ever with 193,000 ounces in the first quarter of 2007. The gold miner, which has its main operation in Papua New Guinea, also said it still ...

Melbourne, Australia--(Newsfile Corp. - October 11, 2021) - Newcrest Mining Limited (ASX: NCM) (TSX: NCM) (PNGX: NCM) is pleased to announce that the Newcrest Board has approved the Lihir Phase 14A ...

Add articles to your saved list and come back to them anytime. Strong gold prices have not been enough to save Lihir Gold's Ballarat gold project, with the gold miner plans to close and sell off the ...

Lihir Gold has made a first-half profit of $98 million, turning around its fortunes from a loss of about 340 million a year ago. The company's bottom line has been helped by higher prices for gold.