Wednesday October 28, 09:54 PM
Lihir Q3 gold output down 7 pct, holds 2009 target
SYDNEY, Oct 29 (Reuters) - Lihir Gold Ltd reported a 7 percent decline in third quarter gold production, citing routine maintenance work over the period at its flagship Lihir gold (Munich: 897459 - news) mine for the drop.
Australia's second biggest gold company, with mines in Papua New Guinea and Africa, recorded third quarter output of 233,346 ounces versus 250,110 ounces in the corresponding period a year ago.
It maintained its full year production guidance of between 1 million and 1.2 million ounces in 2009.
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