CAPITAL MARKETS

Production pushes Placer profit

GOLD major Placer Dome has upped its earnings for 2004 by 24% to $US284 million, with both gold a...

Rebecca Keenan

In 2004 the company produced 3.65 million ounces of gold and 413 million pounds of copper at total costs of $US298 per ounce gold and US70c per pound copper. The company has now entered currency hedging...

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