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The gold sector was one of the most affected sectors of the industrial economy in 2000—three major mines and several small operations, including the Connemara, the Eureka, and the Venice mines, closed—and gold production declined for the first time in 20 years. Output was 22,070 kg, down from 27,666 in 1999.
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Lihir, PNG | Newcrest Mining Limited
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.
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