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.
| Company type | Public (TSE, NYSE, ASX, SIX, Euronext Paris: PDG) |
|---|---|
| Industry | Mining |
| Founded | 1987 |
| Defunct | 2006 |
| Fate | Takeover |
| Successor | Barrick Gold |
| Headquarters | Vancouver, British Columbia, Canada |
Key people | Peter W. Tomsett (President, CEO) Robert M. Franklin (Chairman) |
| Products | Gold Copper |
Number of employees | 13,000 (2005) |
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 US$376 million.
The company was purchased by Barrick Gold in 2006, and was assimilated into Barrick.
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