RNE 20.0% 0.6¢ renu energy limited

flow test announcement out, page-33

  1. 6,757 Posts.
    From an earlier LHG ann:

    "Lihir Gold’s 23.6 million ounce gold reserve lies in the crater of an inactive volcano on Lihir Island, in the New Ireland
    province of PNG. The remnant geothermal energy at depth was originally seen as a challenge for mining, but has
    since been developed as a major source of power. The steam released from the ore body by drilling is tapped and
    used to drive steam turbines. Lihir began harnessing the natural geothermal resource at its operations in 2003 by
    developing a 6MW pilot plant. The success of that project led to the commissioning of a 30MW station in July 2005,
    which has now been expanded to 50MW. The original 6MW plant has recently been relocated to enable expansion of
    the mining area, and will resume production during March."
 
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