High price of Covid-19 at Lihir

RELEASING its full-year results this week, Newcrest Mining reported it incurred about $A70 million in costs related to the management of Covid-19, of which $A53 million related to Lihir gold mine in New Ireland Province.

High price of Covid-19 at Lihir High price of Covid-19 at Lihir High price of Covid-19 at Lihir High price of Covid-19 at Lihir High price of Covid-19 at Lihir

Lihir gold mine

The costs were roughly $30 million higher than Newcrest expected and forecast elevated costs related to the pandemic to continue through financial year 2022.