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 ...

Newcrest Mining reduced the cost of extending the life of its Lihir gold mine by over US$1 billion, and moved the project to the feasibility study stage. In the company’s prefeasibility report, the ...

LIHIR Gold, the country's second-biggest listed goldminer, was thrown into turmoil yesterday when chief executive Arthur Hood quit. The company has been forced to install chief financial officer Phil ...

But the deal, which would create a $25bn goldminer, is by no means certain, with Lihir having the right to remain in talks with other potential suitors until June 8 to see if it can flush out a better ...

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 ...

Add articles to your saved list and come back to them any time. AUSTRALIA'S biggest goldminer, Newcrest Mining, will seek the views of its largest shareholders on whether its $9.2 billion bid for ...

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 ...

Add articles to your saved list and come back to them any time. Lihir Gold, Australia's second largest gold producer, and miner Equigold have agreed to a $1.1 billion merger. The merger is via a ...

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, ...

MELBOURNE (Reuters) - Australia's top gold miner, Newcrest Mining , agreed a $8.5 billion (5.6 billion pound) takeover of Lihir Gold on Tuesday, signalling a hunger for foreign income among local ...