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By CoinWeek ……
To reveal business management in transparency and refining, the Royal Canadian Mint has sourced its latest gold bullion coin fully from a single mine. The gold for the .9999 advantageous 1oz 2023 $50 Maple Leaf Single-Sourced Mine bullion coin was extracted from Newmont Company’s Éléonore gold mine in Northern Québec. The Mint can be making this coin accessible quickly by its official bullion distributors.
“As a full standing member of the London Bullion Market Affiliation (LBMA) and an LBMA-accredited Good Supply refiner, we adhere to excessive requirements for responsibly sourcing the gold and silver we refine,” mentioned Marie Lemay, President and CEO of the Royal Canadian Mint. “With this new single mine coin, manufactured from immediately traceable gold from Newmont’s Éléonore mine to our gold refinery in Ottawa, we’re demonstrating continued excellence by way of valuable steel sourcing, refining and manufacturing.”
The reverse of the brand new gold bullion coin options Walter Ott’s Sugar Maple leaf, discovered on all the Royal Canadian Mint’s Maple Leaf bullion cash, surrounded by strains radiating from it. A micro-engraved maple leaf safety is discovered beneath it, with the date/quantity “23” engraved inside being seen solely with magnification. Subsequent to the safety mark is a privy mark of a globe inside a protecting hand. The coin additionally options Bullion DNA expertise.
The brand new gold bullion coin comes with a certificates of purity and authenticity signed by the Royal Canadian Mint Chief Assayer Charles Daoust. Official bullion distributors will supply the coin in single-coin packaging and 500-coin packing containers.
Newmont’s Éléonore mine is likely one of the largest in Québec, situated on the standard territory of the Cree Nation of Wemindji. It mines and processes ore from the Roberto deposit within the James Bay space. On the time of publication, the hydroelectrically powered Éléonore produces greater than 260,000 ounces of gold yearly.
The Royal Canadian Mint doesn’t promote bullion on to the general public (aside from its retailers in Ottawa and Winnipeg). Clients ought to contact a good bullion seller to buy the brand new cash.
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Concerning the Royal Canadian Mint
The Royal Canadian Mint is the Crown company liable for the minting and distribution of Canada’s circulation cash. The Mint is acknowledged as one of many largest and most versatile mints on the earth, providing a variety of specialised, high-quality coinage merchandise and associated providers on a global scale. For extra data on the Mint, its services, go to www.mint.ca.
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