Lihir Gold Limited · Port Moresby Papua New Guinea ·(Australian: LGL)(NASDAQ (GS): LIHR)
Company Description
Pacific Place, 7th Fl. Corner, Champion Parade and Musgrave Street
Port Moresby
Papua New Guinea
(Map)
Phone: +675-321-7711
Fax: +675-321-4705
Rankings
- ASX All Australian 50
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This link will open in a new window Lihir Gold is stuck between volcanic rock and a hot spot, and it likes it that way. The company operates a gold mine on Papua New Guinea's Lihir Island, a volcanic island that contains one of the world's largest gold bodies. Lihir Gold produces more than 700,000 ounces of gold annually and has reserves of more than 25 million ounces. It is developing the Ballarat gold mining project in Australia, which will begin production in 2008. The company has bought two Australian gold miners since 2007, greatly enhancing its gold production. Lihir Gold is aiming to produce close to a million ounces annually by 2010. To read the full description, subscribe now.
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Lihir Gold Limited Executives
17 executives listed for Lihir Gold Limited's Port Moresby, location.
| Title | Name & Bio | Contact |
| Chairman | Ross Garnaut | Network |
| CEO and Managing Director | Arthur Hood | Network |
| CFO | Philip Baker | Network |
Competition
Competitive Landscape for Lihir Gold Limited
Demand is driven by industrial demand and economic growth, both domestic and foreign. Individual company profitability depends on volume and operating efficiency. Large companies can afford to discover and develop new deposits and increase reserves. Small companies typically own just one mine, limit exploration to that one property, and operate it as efficiently as possible. Metal ore mining is capital-intensive: annual revenue per employee is about $300,000. The industry includes companies that mine and process gold, silver, copper, nickel, lead, zinc, iron ore, and other metals. To read the full description, subscribe now.Top Lihir Gold Limited Competitors
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