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Vol. 8, No. 7 Week of February 16, 2003
Providing coverage of Alaska and northern Canada's oil and gas industry


Donlin Creek project takes step forward

Placer Dome agrees to regain controlling interest of gold prospect by spending $30 million, making mine construction decision in five years

Patricia Jones

PNA Contributing Writer

Placer Dome Inc. has decided to keep a stake in the mammoth-sized Donlin Creek gold deposit, located in the Kuskokwim Mountains of southwest Alaska, by spending the next $30 million to develop the remote exploration project. Should the property advance to a mine, it could potentially produce more th....

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Timeline is five years


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