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Newcrest Takes Shine To Lihir Gold With $8.6B Offer

By Pete Brush (May 4, 2010, 12:08 PM EDT) -- Newcrest Mining Ltd. said Tuesday that it planned to buy Papua New Guinea-based Lihir Gold Ltd. in a deal valued at $8.6 billion that, according to the Australian miner, will result in the production of 2.5 million ounces of gold per year "for many years to come."...

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