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 ...

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, ...

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 ...

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

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 ...

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 ...

As it did so, Lihir also appointed a new chief executive officer, Graeme Hunt, a former executive with BHP Billiton Ltd. Newcrest made its bid for Lihir on Monday, March 29, offering one Newcrest ...

Add articles to your saved list and come back to them any time. Update Australia's top gold miner, Newcrest Mining, has raised its offer for local rival Lihir Gold to $9.5 billion, winning the support ...