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Lihir posts record December quarter to pass annual production target

PAPUA New Guinea miner Lihir gold produced a record 191,288 ounces of gold in the December quarte...

Greg Tubby

The full year production was slightly ahead of the company's target of 600,000oz but below the 625,147oz produced in 1999. Total cash costs were relatively high at US$220/oz for the quarter and US$236/oz...

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