Placer Dome Completes Acquistion of Aurion Gold

Placer Dome, through its wholly owned subsidiary Placer Dome Asia Pacific Ltd have completed the acquisition of Aurion Gold.

Aurion Gold is now owned 100% by Placer Dome, with the acquisition being concluded on December 31st, 2002.

The acquisition increases Placer Dome’s shareholding in gold mines in Australia and Papua New Guinea, as well as adding other new mines across Australia.

Following this acquisition, the Asia Pacific is now Placer Dome’s largest region, expected to contribute 50% of their total production in 2003.

For more information on gold, click here.

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Your comment type