Sixfold profit jump 'not likely to recur'
By FINOLA BURKE
NIUGINI Mining Ltd yesterday reported a sixfold increase in 1995 net earnings after a 56 per cent increase in sales revenue to $125.4 million.
The gold company, which has mines in North Queensland and Chile and a 17.15 per cent interest in Lihir Gold Ltd, said the result was achieved despite increased depreciation and amortisation charges and following strong cashflows.
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