Mint’s latest 1 oz. 99.99% pure gold bullion coin is fully sourced and traced from Agnico Eagle’s Meliadine Mine in Canada’s Nunavut Territory
OTTAWA, ON, Oct. 18, 2022 /PRNewswire/ — In response to growing market demand for better transparency within the provenance of treasured metals, and to showcase its regularly evolving refining capabilities, the Mint is introducing its first gold bullion coin utterly sourced from a single mine. The 2022 $50 1 oz. 99.99% Pure Gold Maple Leaf Single-Sourced Mine bullion coin is fully composed of gold extracted by Agnico Eagle at its Meliadine Mine in Nunavut (Canada) and expertly refined by the Mint, below a rigorous segregation protocol. This particular gold bullion coin will quickly be accessible by means of the Mint’s community of official bullion distributors.
“Valuable metallic buyers have lengthy trusted the Royal Canadian Mint for the market-leading purity and safety of its bullion merchandise. As an LBMA-accredited Good Supply refiner, they’ll additionally depend on us for responsibly sourcing the gold and silver we refine,” mentioned Marie Lemay, President and CEO of the Royal Canadian Mint. “By launching a brand new bullion coin product of gold sourced fully from Agnico Eagle’s Meliadine mine, we’re additionally displaying the market that we are able to supply bullion with the very best attainable integrity, guaranteeing that it originates from a single Canadian mine.”
“Agnico Eagle is proud to be a accomplice of selection as a trusted supply of responsibly produced gold for the Royal Canadian Mint’s first-ever single-source mined gold bullion coin,” mentioned Ammar Al-Joundi, President and CEO of Agnico Eagle Mines. “We’ve constructed a robust tradition of accountable behaviour and have been responsibly growing Canadian mineral assets in Nunavut for greater than 13 years. We try to be an excellent employer and an excellent neighbour and we’re happy with the worth we carry to the native communities and society typically. We do consider that mining, when performed proper, can contribute to constructing a greater world.”
The reverse of the Mint’s first-ever single-source mined pure gold coin options Walter Ott’s detailed engraving of a Sugar Maple leaf, the hallmark of the Mint’s Maple Leaf household of bullion cash. This central design can also be surrounded by an array of exactly machined radial strains. Beneath it seems a micro-engraved maple leaf-shaped safety mark containing the engraving of the quantity “22”, solely seen below magnification, to indicate the coin’s 12 months of subject. Adjoining to the safety characteristic is a privy mark of a hand cradling a globe, symbolizing the single-source provenance of the coin’s 99.99% pure gold. The coin can also be protected by Bullion DNATM expertise.
This distinctive gold bullion coin is encapsulated in credit score card-style packaging that features a certificates of purity and authenticity signed by the Mint’s Chief Assayer.
Since its founding in 1957, Canada-based Agnico Eagle has grown into Canada’s largest miner of Canadian gold, in addition to the world’s third-largest gold producer total. Its Meliadine mine, which started business manufacturing in 2019, is the corporate’s second gold mine within the Kivalliq District of Nunavut.
Photos of this new coin, and of the Meliadine mine can be found right here.
Excluding restricted choices at its Ottawa and Winnipeg boutiques, the Mint doesn’t promote bullion on to the general public. This apply is in keeping with the distribution mannequin frequent to the world’s main issuers of bullion cash. patrons are inspired to contact a good bullion seller to order new bullion cash.
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 planet, providing a variety of specialised, top quality coinage merchandise and associated providers on a global scale. For extra info on the Mint, its services, go to www.mint.ca. Comply with the Mint on Twitter, Fb and Instagram.
Agnico Eagle is a senior Canadian gold mining firm, producing treasured metals from operations in Canada, Australia, Finland and Mexico. It has a pipeline of high-quality exploration and growth initiatives in these nations in addition to in the USA and Colombia. Agnico Eagle is a accomplice of selection throughout the mining trade, acknowledged globally for its main environmental, social and governance practices. The Firm was based in 1957 and has persistently created worth for its shareholders, declaring a money dividend yearly since 1983.
Alex Reeves, Senior Supervisor, Public Affairs, Tel: (613) 884-6370, [email protected]; Natalie Frackleton, Supervisor, Exterior Communications, Agnico Eagle Mines Restricted, Tel: (819) 759-3700, 4102905, [email protected]
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