Best Performer of the Week: Lihir Gold

Lihir Gold Limited (LGL), an Australia based that is engaged in gold mining, exploration and gold processing in the Australasian region was the best performer of the 36th week in ASX100 with a gain of 9.5 percent or 26 cents closing the week at $2.98. It was a mixture of Mining, Exploration, Media, Gaming, Service and Processing companies in the in the ASX100 and ASX200 list: Lihir Gold Limited (LGL), Newcrest Mining (NCM), Consolidated Media Holdings (CMJ), Transpacific Industries Group (TPI), St Barbara (SBM), Ausenco (AAX). Newcrest Mining (NCM), the biggest gold producer of Australia and also known in the international arena, that is engaged in gold and copper exploration, development, mining and sales was next in the ASX100 list adding 8.9 percent or $2.62 cents and was closed for the week at $31.82. The third place was taken by Consolidated Media Holdings (CMJ), a company that is engaged in a wide variety of business activities including television broadcasting, program development, gaming, entertaining, subscription television, magazine publishing and distributing and investment in internet. The company added 6.3 percent or 20 cents to its stock price and closed at $3.35.

In the ASX200 list, Transpacific Industries Group (TPI), St Barbara (SBM) and Ausenco (AAX) took the first three positions for the week. Among them, Transpacific Industries Group (TPI), a company that offers a wide variety of services in Australia, New Zealand and South Pacific including terminal service, waste and environmental service and vehicle retailing with a market capitalisation of $1455.4 million was in the top position with a gain of 21.2 percent or 27 cents and was closed for the week at $1.52. Next in the line was St Barbara (SBM), a company that operates in the gold production and mineral exploration industry in Australia with principal activities including mining and sale of gold, investments, mineral exploration and exploitation with a $403.4 million worth of market capitalisation adding 20 percent or 5 cents to its stock price closing the week at 27 cents. The third position was taken by Ausenco (AAX), a renowned company with a market capitalisation of $584.4 million that operates in the engineering and project management facilities globally to the minerals processing and mining industries. Ausenco added 10.5 percent or 46 cents closing the week at $4.81.