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Mar 27, 2000 · Cortez is approximately 113km south west of Elko, Nevada. It consists of three distinct units: the Cortez open pit and two Carlin-type disseminated gold deposits – Pipeline and South Pipeline. Until February 2008 the operation was 60%-owned by Barrick Gold, having acquired Placer Dome for US $10.4bn in 2006, and 40% by Rio Tinto.
Placer Dome (and now Barrick Gold) are defendants in an ongoing court battle over the highly controversial Marcopper mining disaster, which took place at the Marcopper Mine (run by Marcopper, a Placer Dome subsidiary) on the island of Marinduque, Philippines.
Aug 14, 2002 · Placer Dome owns the Dome Mine in South Porcupine and is proceeding to develop a joint venture with Kinross Gold Corp. An official with Vancouver-based Placer Dome says the acquisition of AurionGold Ltd. is expected to generate annual savings of about $25 million US.
May 12, 2006 · Goldcorp expects to save millions by combining its rich Red Lake mine with the Campbell mine, which is adjacent to the Red Lake property.
Mar 27, 2000 · 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 Corp. in early 2006.
Dec 6, 2021 · Copaur Minerals will make available to New Placer Dome a US$840,000 convertible loan (the “Loan”) to fund the ongoing exploration work on the Bolo Property and to meet the 2021 work expenditure commitment.
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Under Simpson’s direction and foresight, Placer became pre-eminent in high-tonnage, open pit mining operations in British Columbia and overseas and in the production of a variety of minerals.
