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TeachMeFinance.com - explain placer mine placer mine The term 'placer mine' as it applies to the area of coastlines can be defined as ' surface mines in which valuable mineral grains are extracted from stream bar or beach deposits'. Previous 5 Terms: placebo effect Placed placentiform placentigerous placer deposits Next 5 Terms: Plage Plage Corridor Plagenil Plan Of Care Plan Of Care About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.