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Placer, Kinross announce Ontario joint venture

CANADIAN gold miners Placer Dome and Kinross Gold said today they have struck a deal to combine their operations in the Porcupine camp mining area in Ontario.

Greg Tubby

Placer will own a 51% stake in the joint venture, contributing its Dome mine and mill, while Kinross will hold 49% and contribute its Hoyle Pond, Pamour and Nighthawk Lake mines as well as its Bell Creek...

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