Placer Dome

Placer Dome

Placer Dome Inc. was a large mining company specializing in gold and other precious metals, with corporate headquarters in Vancouver, British Columbia, Canada.

In August 2005, the company had interests in 16 gold mining operations in 7 countries; it had a market capitalization of $6.7 billion USD (on June 30, 2005). For the year 2004, it had sales of $1,888 million, net earnings of $284 million, and cash from operations of $376 million USD.

The company was purchased by Barrick Gold in 2006, and was assimilated into Barrick.

Read more about Placer Dome:  History, Operations, Controversy, Takeover

Other articles related to "placer dome":

Marcopper Mining Disaster - Present
... On October 4, 2005, the provincial government of Marinduque sued Marcopper's parent company, Placer Dome, for $100 million in damages ... Placer Dome was purchased in 2006 by Barrick Gold, who has joined the lawsuit ... The report calls on Placer Dome to complete an environmental clean-up, adequately compensate affected communities, and take steps to prevent future disasters ...
Barrick Gold - History - Placer Dome Acquisition
... The company offered US $9.2 billion for Placer Dome Inc ... During the following weeks, Placer Dome recommended shareholders reject the offer ... In December, Placer Dome’s board of directors approved an increased offer worth US $10.4 billion ...
Placer Dome - Takeover
... Barrick Gold acquired 100% of Placer Dome shares on January 20, 2006, and integrated the company into its own ... March 8, 2006 was the final day for trading of Placer Dome’s common shares on the Toronto Stock Exchange and the New York Stock Exchange ...

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