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2008
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15 December 2008 - LGL goes to the aid of New Ireland people
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PNG’s largest mining company, Lihir Gold Ltd, has donated K250,000 to the New Ireland Provincial Disaster Relief Fund to assist victims of the recent tidal surge.
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19 November 2008 - LGL and City Mission lend a helping hand to PNG’s underprivileged
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As Port Moresby City Mission approaches its 15th anniversary, the charity has been ramping up its work helping PNG’s underprivileged youth thanks to financial support from the country’s largest gold company Lihir Gold Limited (LGL).
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28 October 2008 - Strong third quarter propels LGL towards record year
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Leading global gold company Lihir Gold Limited (LGL) has reported record third quarter gold production of 250,000 ounces, an increase of more than 40% on the preceding three month period.
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7 October 2008 - LGL’s Bonikro operation pours first gold
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Lihir Gold Limited (LGL) has commenced gold production at its Bonikro operation in Ivory Coast, with the first gold pour completed overnight (Monday 6 October).
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19 August 2008 - Half Year Financial Results
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Leading global gold producer Lihir Gold Limited (LGL) today announced net profit of US$36.5 million for the half year ended 30 June 2008, a 78% increase on the profit for the six months to December 2007(US$20.6 million)
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19 August - LGL reports 78% increase in half year profit
Download the PDF (35 KB) Leading global gold producer Lihir Gold Limited (LGL) today announced net profit of US$36.5 million for the half year ended 30 June 2008, a 78% increase on the profit for the six months to December 2007(US$20.6 million).
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3 July 2008 - LGL donates K1.5 million to help PNG’s youth in need
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Lihir Gold Limited (LGL) has donated up to K1.5 million over three years to Port Moresby City Mission to help underprivileged young people in Port Moresby. The funds are to be used for the development of the “LGL New Life Skills Training Centre” at Bootless Bay.
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17 June 2008 - Scheme of Arrangement implemented
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Equigold NL (Equigold) (ASX Code: EQI), announces that the Scheme of Arrangement between Equigold and its shareholders has today been implemented.
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24 June 2008 - ‘Gold’ team spirit award for LGL in Mine Rescue Challenge
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A PNG mine rescue team has won a prestigious award at the Queensland Mines Rescue Challenge, beating competition from around the state.
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10 June 2008 - Equigold closes out gold hedging
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The boards of Equigold NL (EQI) and Lihir Gold Limited (LGL) are pleased to announce the closure by Equigold of a significant portion of its gold hedge book. The closure covered 151,980 ounces of sold call options with strike prices of A$700 per ounce and expiries between December 2010 and December 2012, together with lease rate swap contracts.
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30 May 2008 - Equigold shareholders approve merger with LGL
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The merger of Lihir Gold Ltd (LGL) and Equigold NL has been approved overwhelmingly by Equigold shareholders.
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26 May 2008 - Equigold and LGL Proposed Merger –All Regulatory Approvals Received
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Equigold NL (EQI) and Lihir Gold Ltd (LGL) are pleased to announce that all regulatory approvals required as conditions precedent pursuant to the Merger Implementation Agreement have been received.
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21 May 2008 - Results of Annual General Meeting
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The following information is provided to the Australian Securities Exchange Limited in relation to resolutions passed by members of Lihir Gold Limited at its Annual General Meeting held on 21 May 2008:
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12 May 2008 - Ballarat Goldfield's new $4 million water treatment plant
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LGL Ballarat Goldfields has announced plans to construct a $4 million water treatment plant at its mine site, providing significant water-saving benefits for the gold operation and the surrounding Ballarat community.
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23 April 2008 - EQI: Scheme Booklet for the proposed merger of Equigold NL and Lihir Gold Limited
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Cautionary Statement for Canadian investors
The information on resources and reserves contained in the Scheme Booklet was prepared in accordance with Australian standards (the JORC Code) and shareholders resident in Canada should be aware that there are differences between the JORC Code and the disclosure standards under NI 43-101.
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23 April 2008 - Scheme meeting for LGL and Equigold merger
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Equigold NL is pleased to announce that the Federal Court today has made orders convening a meeting of Equigold shareholders (Scheme Meeting) to consider the Scheme of Arrangement (Scheme) for the company’s proposed merger with Lihir Gold Limited that was announced on 20 March 2008.
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10 April 2008 - Update on Merger Process
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The Boards of Equigold NL (Equigold) and Lihir Gold Limited (LGL) are pleased to provide an update on the progress of their proposed merger via a scheme of arrangement (Scheme).
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4 April 2008 - Economic growth and stability surges in PNG
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The World Bank has highlighted Papua New Guinea’s strong macroeconomic performance, improved political stability and gross domestic product (GDP) growth in its biannual regional report on East Asia.
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20 March 2008 - LGL and Equigold to merge
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Lihir Gold Ltd (LGL) and Equigold NL (“Equigold”) are to merge their businesses, creating a global pure gold company with a diversified portfolio of high quality operations, a strong financial base and an exceptional growth profile.
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29 February 2008 - LGL to lift Lihir Island production to approximately 1 million ounces per year
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Lihir Gold Ltd (LGL) is to proceed with a major upgrade of its Lihir Island operations in Papua New Guinea, lifting gold production capacity to approximately 1 million ounces per year from 2011.
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29 February 2008 - LGL reports promising drilling results at Lihir Island
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Lihir Gold Ltd (LGL) is pleased to report encouraging results from an ongoing drilling program at Lihir Island, which will lead to an increase in the current resource estimate.
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29 January 2008 - LGL to lift Lihir Island production to 1 million ounces per year
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Lihir Gold Ltd (LGL) is to proceed with a major upgrade of its Lihir Island operations in Papua New Guinea, lifting gold production to approximately 1 million ounces per year from 2011.
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23 January 2008 - LGL’s Ballarat mine reopens
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Lihir Gold Ltd’s Ballarat gold mine has been reopened today following the successful restoration of the main Woolshed Gully access decline.
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16 January 2008 - LGL supports Transparency International PNG (Inc)
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PNG’s largest listed company, Lihir Gold Ltd (LGL) has made a major contribution to the advancement of governance practices in Papua New Guinea, through a donation of K250,000 to the Siaguru Endowment Fund.
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