CAPITAL MARKETS

Placer posts US$116 million profit for 2002

CANADA'S Placer Dome had a profitable 2002 with net earnings of US$116 million despite cash flow ...

Brad Ricks

In the 12 months up to December 31 Placer recorded a US$3.20 million cash flow from operations and US$3.24 million in mine operating earnings. Over the same period in 2001, Placer Dome had a higher cash...

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