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Source: Reuters

Lihir Gold says has bid interest in Ballarat mine

Published: 17 Jan 2010 17:57:57 PST

SYDNEY, Jan 18 - Gold miner Lihir Gold <LGL.AX> has received expressions of interest from potential bidders for its troubled Ballarat mine in Australia, Lihir Chairman Ross Garnaut said on Monday.

He was speaking after Chief executive Arthur Hood stepped down with immediate effect. Hood had overseen the purchase of the underground mine, which has now been written down to zero and is set for sale sometime in 2010.

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