History
Placer Dome was formed in Vancouver in 1987, by amalgamating Placer Development Ltd. of Vancouver (founded in British Columbia in 1926), Dome Mines Ltd. of Toronto (founded in Ontario in 1910), and Campbell Red Lake Mines Ltd. of Toronto (founded in Ontario in 1944).
Placer Dome acquired several mining companies over its lifetime: Kiena Gold Mines Ltd. in 1988 (0.92 shares of Placer Dome Inc. for each share of Kiena Gold Mines Ltd.), Sigma Gold Mines Ltd. in 1988 (0.97 shares of Placer Dome Inc. for each share of Sigma Gold Mines Ltd.), Placer Pacific Ltd. in 1997 (0.066 shares of Placer Dome Inc. for each share of Placer Pacific Ltd. held), Getchell Gold Corporation in 1999 (2.45 shares of Placer Dome Inc. for each common share of Getchell Gold Corporation held), AurionGold Ltd. in 2003 (17.5 shares of Placer Dome Inc. for every 100 AurionGold shares, plus $0.28 USD per AurionGold share), and East African Gold Mines Ltd. in 2003 ($252.4 million in cash).
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