Ninja Forge Image
 
Our Goal

 
To maximize asset growth through the successful acquisition, exploration, development and production of selective gold and base metal properties. Placer Mining Corp to implement Eco-Safe green extraction methods to recover gold, silver and platinum values from the gravels located on Placer Mining Corp’s properties. Water and gravity will be the main separation methods used for gold extraction and non-toxic leach technology will be used in the black sands processing plants.

 
 
Latest News

(Reuters) - Gold held steady on Wednesday near its highest level in more than two weeks, taking a breather after the Greece bailout deal fuelled a rally in the previous session.

FUNDAMENTALS

* Spot gold rose to a 2-1/2-week high of $1,759.84 an ounce in early trade, before paring some gains to $1,756.81 an ounce by 0028 GMT, down 0.1 percent from the previous close.

* U.S. gold was little changed at $1,758.70.

* $1,760 has been the top of a range in which gold prices have seesawed since late January, and is considered a key resistance level.

* Gold prices rallied more than 1 percent on Tuesday after euro zone finance ministers agreed on a 130 billion euro bailout for Greece, which sent the euro to its highest in nearly two weeks and depressed the dollar index .DXY.

* The euphoria across asset classes after the Greek deal faded rapidly, as concerns about implementation of unpopular reforms in Greece resurfaced.

* Investors will be watching China's HSBC flash manufacturing activity survey. A strong reading would help underpin the risk appetite.

MARKET NEWS

* U.S. stocks ended little changed on Tuesday, paring gains after the Dow topped 13,000 for the first time since May 2008, and as higher oil prices damped prospects for the economy.

* The euro struggled to make any headway in Asia on Wednesday, having retreated from near two-week highs as optimism over the long-awaited Greek bailout deal quickly gave way to concerns about economic growth and implementation risks.

(Reporting by Rujun Shen; Editing by Sugita Katyal)
 

 

For Immediate Release: February 3, 2011

Placer Mining Corp is pleased to announce the election and appointment of Mr John M. Lopes to its board of directors and as Chief Financial Officer of the Corporation effective immediately. 
 
Over the past 25 years Mr. Lopes has held a number of executive positions both in the private and public sectors. His extensive business acumen in finance and trade laws earned him top leadership roles with a number of private and public companies. Since 2006 Mr. Lopes has been working with the Corporation as a consultant and strategic partner.  Mr. Lopes role will be to oversee all auditing, treasury, and corporate and financial structures of the Corporation and its partner companies, including all financial and regulatory governance and compliance.
 
 Panos D. Gianneotis, CEO /President of Placer Mining Corp says:
 "We are extremely pleased to have someone the caliber of Mr. Lopes join the executive and management team and further our company's goals. Having worked with John on a number of our projects over the years assures me and our stakeholders we have made the right choice at a crucial time in our company's expansion. He will be an important asset to Placer Mining Corp's current and future plans."
 
John M. Lopes states:
"I'm honored and delighted to be working with Panos and the rest of the team. Having performed strict due diligence on all facets of the corporation and its workings for the last 5 years, I'm confident the company is on track corporately and strategically poised to become a global entity in the exploration and development of mining properties and leading edgeeco- technologies on a domestic and international level."
 
About Placer Mining Corp:
Placer Mining Corp is a diversified exploration, development and mining company that acquires both distressed and asset rich mining properties requiring rationalization. Since the establishment of the company in 2005, Placer Mining Corp has organized both private and equity funds through its network of affiliates in order to acquire some of the most proficient and rich mining properties in the USA.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Copyright © 2010 ---.All Rights Reserved.

Utah Web Design created by Bluejay.