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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)[1] Robert M. Franklin (Chairman)[1] |
Products | Gold Copper |
Number of employees | 13,000 (2005)[2] |
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] For the year 2004, it had sales of $1,888 million, net earnings of $284 million, and cash from operations of US$376 million.[2]
The company was purchased by Barrick Gold in 2006, and was assimilated into Barrick.[3]