Newcrest Mining Limited acquired the Lihir operation as a result of the merger with LGL by court-approved scheme of arrangement in August 2010.
The gold deposit at Lihir is within the Luise Caldera, an extinct volcanic crater that is geothermally active, and is one of the largest known gold deposits in the world. Most of the ore is refractory and is treated using pressure oxidation before the gold is recovered by a conventional leach process. Lihir produces gold doré.
During the June 2013 financial year, Lihir produced 649,340 ounces of gold. Since production commenced in 1997, the site has produced more than 9 million ounces of gold.
More information can be obtained by visiting the Newcrest Website