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Newcrest approves Lihir expansion

Shares rise to seven-month high

Kristie Batten
Newcrest's Lihir operation in PNG

Newcrest's Lihir operation in PNG

Phase 14A involves a cutback to access about 400,000 ounces of higher-grade ore over four years. Capital costs have increased from the $179 million envisaged in the prefeasibility study largely due...

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