Slow quarter for Porgera

FORMER PNG gold producer Placer Dome has delivered its final quarterly report, posting net earnings of $US22 million ($A29.7 million). However, the company also reported a sizeable 39% drop in production for the quarter from its Porgera mine as well as a significant increase in operating costs.

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Placer, which is set to be swallowed by fellow Canadian major Barrick Gold next month, produced a total 3.

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