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Key Milestones. Gold was discovered at the Detour Lake property in 1974 and the first mining operation on site, owned by Placer Dome, produced 1.8 million ounces of gold from 1983 to 1999 as an open pit/underground mine. • Production during Detour Gold Corporation’s ownership (from 2013 to the acquisition by Kirkland Lake Gold on January 30 ...
In 1987 Placer merged with Dome Mines Limited and Campbell Red Lake Mines Limited to continue as Placer Dome Inc. Years later, in 2006, when Placer Dome was acquired by Barrick Gold Corporation, the company had over 50 mining operations to its credit, was operating 16 mines at the time, mostly gold, and had five significant projects in its pipeline.
Aerial view of Musselwhite. Located 500km north of Thunder Bay in northwestern Ontario, Musselwhite was brought on stream in 1997 by a joint venture between Placer Dome and TVX Newmont Americas. Kinross Gold subsequently acquired a 31.9% holding in the mine with the amalgamation in 2003 of Kinross, TVX Gold and Echo Bay Mines, while Goldcorp ...
Sep 17, 2011 · A leader in mine exploration, Placer Dome spent about $60 million in 2003 on exploration. The Creation of a New Company. Placer Dome Inc. was formed in 1987 by the amalgamation of three Canadian mining companies, creating the largest gold producer in North America with an annual output of more than 800,000 ounces of gold.
Mar 27, 2000 · A shaft hoist in operation at the Campbell mine. In continuous operation since 1949, since when it has produced over 11Moz of gold, the Campbell underground gold mine is located at Balmertown, northwestern Ontario. Formerly wholly owned by Placer Dome Inc., the mine is now owned by Goldcorp Inc., following Placer’s take-over by Barrick Gold ...
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). [2]
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Sep 20, 2018 · In this episode we welcome into the Toronto studio author, geologist and communications professional Nean Allman to talk about her newly published coffee table book “A history: Placer Development Limited and Placer Dome Inc.”. Nean and Northern Miner editor-in-chief John Cumming explore the rich legacy of the Vancouver-based major that grew ...
