Harmony Gold says expects write-down on Papua New Guinea mine JOHANNESBURG (Reuters) - South Africa's Harmony Gold said on Tuesday it expected to write down a portion of the carrying value of its Hidden Valley mine in Papua New Guinea because of lower gold and silver prices and poor performance. "It should be noted that the write-down of the carrying value of Hidden Valley will reduce the net profit of the company, but will not have an impact on reported ...
June 18, 2013 - Reuters via Yahoo! News
InterOil Approves And Files Amended New By-Law No. 2 PORT MORESBY, Papua New Guinea and HOUSTON, June 18, 2013 /PRNewswire/ -- InterOil Corporation (NYSE:IOC) (POMSoX:IOC) announces that, following discussions with institutional investors as well as institutional ...
June 18, 2013 - PR Newswire via Yahoo! Finance
Daughter Cuts Off Father's Head After He Rapes Her An 18-year-old girl in Papua New Guinea chopped off her father’s head with a bush knife after he raped her repeatedly while they were alone in their home. A local church leader, Pastor Lucas Kumi, said the entire community would refuse to allow the girl to be subjected to any official investigation. “The people and leaders in our area went and saw the headless body of the father after the girl ...
June 16, 2013 - Opposing Views