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Michael Vaughan, Staff reporter, Vesna Poljak, Michael Vaughan

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PNG problems hit miner

Goldminer Highlands Pacific reported a $US114 million ($136.3 million) loss for the six months ended June 30 after ongoing problems at its Kainantu mine in Papua New Guinea. The loss included $US64.3 million impairment charge and $US32.9 million negative accounting charge relating to hedging. Michael Vaughan

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    Original URL: https://www.afr.com/companies/briefs-20070914-jdgyr