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Lower Production Expected at Lihir



Production for Lihir mine is expected to be lower as grade variability continues.


However, its outlook for the June quarter is expected to be higher according to the March quarterly report released last week.


It says that the mine’s gold production was 14 per cent higher than the prior quarter primarily due to higher mill throughput and marginally higher grade, partially offset by lower recovery rates.


A spokesperson from Newcrest said: “Lihir operations continue as expected and working with all precautionary measures to help prevent the transmission of the Covid-19 virus.


“Despite our expectation of lower ounces in the year, Lihir, together with Newcrest’s other operations are currently benefitting from the current higher gold price environment.”


Newcrest is working with all levels of government and the local community on measures that reduce the risk of transmission of Covid-19.


These measures are aimed at keeping local communities informed, limiting community gatherings and reducing travel between villages and islands.


The company says that the last person on an international connecting flight arrived at Lihir on a Newcrest-chartered aircraft on 22 March 2020 and the last domestic-passenger-only flight arrived on 25 March 2020.


The Lihir Medical Centre is preparing for potential Covid-19 cases by establishing treatment and isolation facilities, training local health workers and distributing personal protective equipment to clinics.


Before the cessation of international and domestic flights, Lihir was able to relocate key personnel to site for the operations and planned maintenance cycles scheduled in the near to medium term.


Source: https://postcourier.com.pg/lower-production-expected-at-lihir/

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