Lihir Island upgrade to boost annual output to 1Moz

LIHIR Gold has committed to a major $US696 million upgrade of its namesake Lihir Island operations in PNG that will lift gold production capacity to about 1 million oz per annum from 2011.

Lihir Island upgrade to boost annual output to 1Moz Lihir Island upgrade to boost annual output to 1Moz Lihir Island upgrade to boost annual output to 1Moz Lihir Island upgrade to boost annual output to 1Moz Lihir Island upgrade to boost annual output to 1Moz

"This upgrade will lift the Lihir Island operation to the appropriate scale to extract full value from the 23-million-ounce gold deposit," Lihir chief executive Arthur Hood said.

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