Lihir gold mine

Lihir production up 12pc in Q1

Newcrest Mining Limited says this is a result of increased availability in the milling circuit and an associated increase in the mill throughput rate.

Lihir’s All-In-Sustaining-Cost (AISC) per ounce for the March quarter was lower than the prior quarter primarily as a result of lower site costs, production stripping costs and sustaining capital expenditure.

The rollout of NewSafe continues across the site with mining and mobile maintenance areas having been completed and the processing plant and fixed plant maintenance areas progressing well.