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GG Confirms Agreement to Buy PDG Assets On Completion of ABX Deal

December 22, 2005 10:29 AM EST
Goldcorp Inc. (NYSE: GG) confirmed its previous agreement to acquire certain mining assets of Placer Dome Inc. (NYSE: PDG) from Barrick Gold Corporation (NYSE: ABX) upon successful completion of the friendly Barrick-Placer Dome transaction announced today. The purchase price will be US$1.485 billion in cash.

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