Lihir sinks as Equigold soars

THE biggest news for PNG-related stocks has been the recent announcement of a merger between Lihir Gold and Equigold NL – and from trading it seems Equigold is the clear winner.

Lihir Gold is languishing at the bottom of our Australian watchlist with its shares plummeting 12.5% this week to $A3.57, while Equigold's shares are up 2.52% to $A4.75.

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