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Placer Dome earnings down despite increased sales

PLACER Dome's net earnings for the June quarter fell 43% year-on-year to US$33 million despite a ...

Sarah Belfield Belfield

According to Placer, the figurative spanner in the works was a US$34 million after-tax non-cash charge related to cumulative foreign exchange losses on the company’s investment in Misima, where commercial...

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