| Lihir Project |
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Lihir |
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Country |
Papua New Guinea
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Close to |
Port moresby |
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Status |
PRODUCTION
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Latitude / Longitude |
3 S 6 / 152 E 37 |
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Legends
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| Risk and valuation analysis of the Lihir Project |
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| Title(s) of the Lihir Project |
 | Newcrest Mining Ltd
Owner: 100% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| LGL’s key asset is its 100% owned operation located on Lihir Island |
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| History of the Lihir Project |
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LGL’s key asset is its 100% owned operation located on Lihir Island. The deposit contains an estimated 40 million ounces of gold in Mineral Resources including 23.6 million ounces in Ore Reserves.
The ore body was discovered in 1982 and exploratio more...
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| Geology of the Lihir Project |
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The Lihir project is located within a geothermally active area that produces a natural abundance of geothermal steam. Since 2003 LGL has been harnessing this underground steam reserve to generate electricity, replacing heavy fuel oil powered electric more...
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| Production history |
| Metal | 2007 | 2006 | historical |
| GOLD (oz) | 700,000 | 600,000 | 5,000,000 |
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Data last updated on : 12/31/2008
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Disclaimer
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All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.
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