As filed with the Securities and Exchange Commission on May 19, 2003


                                                Registration No. 333-
================================================================================

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                                   ----------

                                    FORM S-8
                             REGISTRATION STATEMENT
                                      UNDER
                           THE SECURITIES ACT OF 1933
                                   ----------

                                PLACER DOME INC.
             (Exact name of registrant as specified in its charter)

            Canada                                               None
(State or other jurisdiction of                            (I.R.S. Employer
incorporation or organization)                           Identification No.)

        1600-1055 Dunsmuir Street
         Vancouver, B.C., Canada                               V7X 1P1
(Address of Principal Executive Offices)                      (Zip Code)

                             1987 STOCK OPTION PLAN
                               OF PLACER DOME INC.
                            (Full title of the plan)

                                 J. Donald Rose
                       Executive Vice-President, Secretary
                               and General Counsel
                                Placer Dome Inc.
                            1600-1055 Dunsmuir Street
                         Vancouver, B.C. Canada V7X 1P1
                     (Name and address of agent for service)

                                 (604) 682-7082
          (Telephone number, including area code, of agent for service)

                                    Copy to:
                                 Robert M. Riggs
                          Carter Ledyard & Milburn LLP
                                  2 Wall Street
                            New York, New York 10005
                                 (212) 732-3200


================================================================================
<PAGE>


<TABLE>
<CAPTION>
                         CALCULATION OF REGISTRATION FEE

--------------------------------------------------------------------------------------------------------------------
 Title of securities to                             Proposed maximum       Proposed maximum
     be registered            Amount to be         offering price per     aggregate offering          Amount of
                               registered                share                   price             registration fee
--------------------------------------------------------------------------------------------------------------------

<S>                       <C>                          <C>                    <C>                     <C>
Common Shares             7,000,000 shares             $10.735(1)             $75,145,000             $6,913.34
--------------------------------------------------------------------------------------------------------------------
</TABLE>

(1)  Calculated  pursuant  to Rule  457(h) and (c) under the  Securities  Act of
     1933,  on the basis of the  average of the high and low prices  ($10.88 and
     $10.59) of a common  share of Placer  Dome Inc. on May 14, 2003 as reported
     for  New  York  Stock  Exchange  composite  transactions.  No  options  are
     currently  outstanding  under the Option Plan with respect to the 7,000,000
     shares being registered hereby.

             ------------------------------------------------------

This  Registration  Statement shall become effective  immediately upon filing as
provided in Rule 462(a) under the Securities Act of 1933.



<PAGE>


Pursuant  to  General  Instruction  E to  Form  S-8,  the  common  shares  being
registered  hereunder  are  additional  securities  of  the  same  class  as the
Registrant's  common  shares  for which a  Registration  Statement  on Form S-8,
Registration No. 333-10278, is effective relating to the Registrant's 1987 Stock
Option  Plan.  The contents of such earlier  Registration  Statement  are hereby
incorporated by reference.



<PAGE>


                                     PART II


               INFORMATION REQUIRED IN THE REGISTRATION STATEMENT


Item 3. Incorporation of Documents by Reference.

     The following  documents  have been filed with the  Securities and Exchange
Commission by the Registrant and are incorporated herein by reference:

     (a) The  Registrant's  Annual  Report under cover of Form 40-F for the year
ended December 31, 2002, filed on February 27, 2003;

     (b) The Registrant's  Reports on Form 6-K filed on February 25, 2003, March
6, 2003,  March 25, 2003, March 26, 2003, April 22, 2003, May 2, 2003 and May 7,
2003.

     In addition, all documents subsequently filed by the Registrant pursuant to
Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act, prior to the filing of a
post-effective amendment to this Registration Statement which indicates that all
securities  offered hereby have been sold, or which  deregisters  all securities
then remaining  unsold,  shall be deemed to be  incorporated by reference in and
made a part of this  Registration  Statement  from  the date of  filing  of such
documents.


Item 5. Interests of Named Experts and Counsel.

         J. Donald Rose, Executive Vice-President, Secretary and General Counsel
of the Registrant, has given the opinion being filed as Exhibit 5 to this
Registration Statement as to the validity of the securities being registered
hereby.


Item 8. Exhibits.

     Exhibit No.
     -----------

          5         -    Opinion of J. Donald Rose, Esq.

         23.1       -    Consent of Ernst & Young LLP

         23.2       -    Consent of J. Donald Rose, Esq. (included in Exhibit 5)

         24         -    Powers of Attorney


<PAGE>



                                   SIGNATURES

     Pursuant to the  requirements of the Securities Act of 1933, the Registrant
certifies  that it has  reasonable  grounds to believe  that it meets all of the
requirements  for  filing  on Form S-8 and has  duly  caused  this  registration
statement  to be  signed  on its  behalf  by  the  undersigned,  thereunto  duly
authorized, in the City of Vancouver,  Province of British Columbia,  Canada, on
May 16, 2003.


                                            PLACER DOME INC.


                                            By: /s/ J. Donald Rose
                                                -------------------
                                                J. Donald Rose
                                                Executive Vice-President,
                                                Secretary and General Counsel


     Pursuant  to  the   requirements  of  the  Securities  Act  of  1933,  this
registration  statement has been signed on May 16, 2003 by the following persons
in the capacities indicated.


Signature                                   Title
---------                                   -----


         *
_______________________                     President, Chief Executive
Jay K. Taylor                               Officer and Director


         *
_______________________                     Executive Vice President
Rex J. McLennan                             and Chief Financial Officer
                                            (Principal Financial Officer)

         *
_______________________                      Vice President and Controller
Bruce B. Nicol                              (Principal Accounting Officer)




<PAGE>



Signature                                   Title
---------                                   -----

         *
_______________________                     Director
G. Bernard Coulombe

         *
_______________________                     Director
John W. Crow

         *
_______________________                     Director
Robert M. Franklin

         *
_______________________                     Director
Graham Farquharson

         *
_______________________                     Director
David S. Karpin

         *
_______________________                     Director
Alan R. McFarland

         *
_______________________                     Director
Clifford L. Michel

         *
_______________________                     Director
Edythe A. Parkinson-Marcoux

         *
_______________________                     Director
Jay K. Taylor

         *
_______________________                     Director
Vernon F. Taylor, III


<PAGE>



Signature                                   Title
---------                                   -----

         *
_______________________                     Director
William G. Wilson


/s/ Robert M. Riggs                         Authorized Representative
_______________________                     in the United States
Robert M. Riggs


* By:  /s/ J. Donald Rose
       ------------------
         J. Donald Rose
         Attorney-in-Fact



<PAGE>






                                  EXHIBIT INDEX



   Exhibit                                  Description
-------------         ----------------------------------------------------------
5                     Opinion of J. Donald Rose, Esq.

23.1                  Consent of Ernst & Young LLP

23.2                  Consent of J. Donald Rose, Esq. (included in Exhibit 5)

24                    Powers of Attorney
[{"type": "S-8", "sequence": "1", "filename": "frms8.txt", "description": "FORM S-8 FOR 1987 STOCK OPTION PLAN", "secsgml_size_bytes": 9539}]
{"company-data": {"conformed-name": "PLACER DOME INC", "cik": "0000819996", "assigned-sic": "1040", "irs-number": "000000000", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-105360", "film-number": "03710010"}, "business-address": {"street1": "1055 DUNSMUIR ST STE 1600", "street2": "PO BOX 49330 BENTALL POSTAL STATION", "city": "VANCOUVER BC CANADA", "state": "A1", "phone": "6046827082"}, "mail-address": {"street1": "1600-1055 DUNSMUIR ST", "street2": "PO BOX 49330 BENTALL STATION", "city": "VANCOUVER", "state": "A1", "zip": "V7X1P1"}}
As filed with the Securities and Exchange Commission on May 19, 2003

                                                Registration No. 333-
================================================================================

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                                   ----------

                                    FORM S-8
                             REGISTRATION STATEMENT
                                      UNDER
                           THE SECURITIES ACT OF 1933
                                   ----------

                                PLACER DOME INC.
             (Exact name of registrant as specified in its charter)

            Canada                                               None
(State or other jurisdiction of                            (I.R.S. Employer
incorporation or organization)                           Identification No.)

        1600-1055 Dunsmuir Street
         Vancouver, B.C., Canada                               V7X 1P1
(Address of Principal Executive Offices)                      (Zip Code)

                             1987 STOCK OPTION PLAN
                               OF PLACER DOME INC.
                            (Full title of the plan)

                                 J. Donald Rose
                       Executive Vice-President, Secretary
                               and General Counsel
                                Placer Dome Inc.
                            1600-1055 Dunsmuir Street
                         Vancouver, B.C. Canada V7X 1P1
                     (Name and address of agent for service)

                                 (604) 682-7082
          (Telephone number, including area code, of agent for service)

                                    Copy to:
                                 Robert M. Riggs
                          Carter Ledyard & Milburn LLP
                                  2 Wall Street
                            New York, New York 10005
                                 (212) 732-3200

================================================================================
CALCULATION OF REGISTRATION FEE

--------------------------------------------------------------------------------------------------------------------
 Title of securities to                             Proposed maximum       Proposed maximum
     be registered            Amount to be         offering price per     aggregate offering          Amount of
                               registered                share                   price             registration fee
--------------------------------------------------------------------------------------------------------------------
Common Shares             7,000,000 shares             $10.735(1)             $75,145,000             $6,913.34
--------------------------------------------------------------------------------------------------------------------
(1)  Calculated  pursuant  to Rule  457(h) and (c) under the  Securities  Act of
     1933,  on the basis of the  average of the high and low prices  ($10.88 and
     $10.59) of a common  share of Placer  Dome Inc. on May 14, 2003 as reported
     for  New  York  Stock  Exchange  composite  transactions.  No  options  are
     currently  outstanding  under the Option Plan with respect to the 7,000,000
     shares being registered hereby.

             ------------------------------------------------------

This  Registration  Statement shall become effective  immediately upon filing as
provided in Rule 462(a) under the Securities Act of 1933.
Pursuant  to  General  Instruction  E to  Form  S-8,  the  common  shares  being
registered  hereunder  are  additional  securities  of  the  same  class  as the
Registrant's  common  shares  for which a  Registration  Statement  on Form S-8,
Registration No. 333-10278, is effective relating to the Registrant's 1987 Stock
Option  Plan.  The contents of such earlier  Registration  Statement  are hereby
incorporated by reference.
PART II

               INFORMATION REQUIRED IN THE REGISTRATION STATEMENT

Item 3. Incorporation of Documents by Reference.

     The following  documents  have been filed with the  Securities and Exchange
Commission by the Registrant and are incorporated herein by reference:

     (a) The  Registrant's  Annual  Report under cover of Form 40-F for the year
ended December 31, 2002, filed on February 27, 2003;

     (b) The Registrant's  Reports on Form 6-K filed on February 25, 2003, March
6, 2003,  March 25, 2003, March 26, 2003, April 22, 2003, May 2, 2003 and May 7,
2003.

     In addition, all documents subsequently filed by the Registrant pursuant to
Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act, prior to the filing of a
post-effective amendment to this Registration Statement which indicates that all
securities  offered hereby have been sold, or which  deregisters  all securities
then remaining  unsold,  shall be deemed to be  incorporated by reference in and
made a part of this  Registration  Statement  from  the date of  filing  of such
documents.

Item 5. Interests of Named Experts and Counsel.

         J. Donald Rose, Executive Vice-President, Secretary and General Counsel
of the Registrant, has given the opinion being filed as Exhibit 5 to this
Registration Statement as to the validity of the securities being registered
hereby.

Item 8. Exhibits.

     Exhibit No.
     -----------

          5         -    Opinion of J. Donald Rose, Esq.

         23.1       -    Consent of Ernst & Young LLP

         23.2       -    Consent of J. Donald Rose, Esq. (included in Exhibit 5)

         24         -    Powers of Attorney
SIGNATURES

     Pursuant to the  requirements of the Securities Act of 1933, the Registrant
certifies  that it has  reasonable  grounds to believe  that it meets all of the
requirements  for  filing  on Form S-8 and has  duly  caused  this  registration
statement  to be  signed  on its  behalf  by  the  undersigned,  thereunto  duly
authorized, in the City of Vancouver,  Province of British Columbia,  Canada, on
May 16, 2003.

                                            PLACER DOME INC.

                                            By: /s/ J. Donald Rose
                                                -------------------
                                                J. Donald Rose
                                                Executive Vice-President,
                                                Secretary and General Counsel

     Pursuant  to  the   requirements  of  the  Securities  Act  of  1933,  this
registration  statement has been signed on May 16, 2003 by the following persons
in the capacities indicated.

Signature                                   Title
---------                                   -----

         *
_______________________                     President, Chief Executive
Jay K. Taylor                               Officer and Director

         *
_______________________                     Executive Vice President
Rex J. McLennan                             and Chief Financial Officer
                                            (Principal Financial Officer)

         *
_______________________                      Vice President and Controller
Bruce B. Nicol                              (Principal Accounting Officer)
Signature                                   Title
---------                                   -----

         *
_______________________                     Director
G. Bernard Coulombe

         *
_______________________                     Director
John W. Crow

         *
_______________________                     Director
Robert M. Franklin

         *
_______________________                     Director
Graham Farquharson

         *
_______________________                     Director
David S. Karpin

         *
_______________________                     Director
Alan R. McFarland

         *
_______________________                     Director
Clifford L. Michel

         *
_______________________                     Director
Edythe A. Parkinson-Marcoux

         *
_______________________                     Director
Jay K. Taylor

         *
_______________________                     Director
Vernon F. Taylor, III
Signature                                   Title
---------                                   -----

         *
_______________________                     Director
William G. Wilson

/s/ Robert M. Riggs                         Authorized Representative
_______________________                     in the United States
Robert M. Riggs

* By:  /s/ J. Donald Rose
       ------------------
         J. Donald Rose
         Attorney-in-Fact
EXHIBIT INDEX

   Exhibit                                  Description
-------------         ----------------------------------------------------------
5                     Opinion of J. Donald Rose, Esq.

23.1                  Consent of Ernst & Young LLP

23.2                  Consent of J. Donald Rose, Esq. (included in Exhibit 5)

24                    Powers of Attorney