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The Company's, operations consist of a single mine on Lihir Island in Papua New Guinea that produces gold dore as its sole product and the Ballarat gold mining project being developed in Victoria, Australia.
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TMFSinchiruna (98.17) Submitted: 4/17/08 3:18 PM : Start Price: $33.56 LIHR Score: -5.06
Lihir has its share of suporters as well as detractors. Despite being the biggest gold bug of them all, I've never owned Lihir in real life and see no need to, but I picked it up in CAPS during this correction in hopes it will accelerate my score's recovery out of this correction. So far, not very impressive compared to its peers.
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