Lihir Gold (NASDAQ:LIHR) Sells Ballarat Project

in Castlemaine Goldfields Gold Gold Bullion prices Gold Exploration Gold Mining Company lihir-gold silver by admin — March 6, 2010 8:37 pm | no comments

Lihir Gold Sells Ballarat ProjectLihir Gold (ASE:LGL) has sold its Ballarat project to Castlemaine Goldfields (ASE:CGT) for A$4.5 million. Based in Victoria, Australia, the Ballarat Gold Mine sale will be subject to meeting certain conditions; a major part being the issuing of stock to raise A$20 million. Terms of the deal, along with the sales price, includes Castlemaine keeping a 2.5 percent

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Lihir Gold (NASDAQ:LIHR) Sells Ballarat Project

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