July 15 - Agility Project Logistics Brisbane is to provide freight management services for announced an agreement with Lihir Gold Limited (LGL's) Million Ounce Plant Upgrade (MOPU).
The Lihir Gold Mine, LGL's principle asset and one of the world's largest gold reserves, is located in Papua New Guinea (PNG). LGL is a major global gold producer with operations in PNG, West Africa and Australia.
"Our relationship with Lihir dates back more than a decade," said Jonathan Percy, project manager, Agility Project Logistics.
The project material logistics, expected to be in excess of 50,000 freight tones, will be managed by Agility Brisbane and sourced from multiple locations around the world. With an estimated completion date of two years, it is anticipated that upon completion LGL will produce in excess of one million ounces of gold annually at its Lihir Island Operation.
Based in Papua New Guinea's second largest city, Agility's office in Lae will assist with MOPU logistics services, including transportation of cargo from Lae to Lihir Island, as part of the existing Agility Project Logistics Brisbane contract. Agility managed the original Lihir Gold Mine construction from 1995 to 1997, transporting in excess of 180,000 freight tones.