FROM MINE TO MINT: ROYAL CANADIAN MINT INTRODUCES ITS FIRST, FULLY SEGREGATED SINGLE MINE GOLD BULLION COIN
PR98345
OTTAWA, ON, Oct. 19, 2022 /PRNewswire=KYODO JBN/ --
-- Mint's newest 1 oz. 99.99% pure gold bullion coin is entirely sourced and
traced from Agnico Eagle's Meliadine Mine in Canada's Nunavut Territory
In response to increasing market demand for greater transparency in the
provenance of precious metals, and to showcase its continually evolving
refining capabilities, the Mint is introducing its first gold bullion coin
completely sourced from a single mine. The 2022 $50 1 oz. 99.99% Pure Gold
Maple Leaf Single-Sourced Mine bullion coin is entirely composed of gold
extracted by Agnico Eagle at its Meliadine Mine in Nunavut (Canada) and
expertly refined by the Mint, under a rigorous segregation protocol. This
special gold bullion coin will soon be available through the Mint's network of
official bullion distributors.
Photo -
"Precious metal investors have long trusted the Royal Canadian Mint for the
market-leading purity and security of its bullion products. As an
LBMA-accredited Good Delivery refiner, they can also count on us for
responsibly sourcing the gold and silver we refine," said Marie Lemay,
President and CEO of the Royal Canadian Mint. "By launching a new bullion coin
made of gold sourced entirely from Agnico Eagle's Meliadine mine, we are also
showing the market that we can offer bullion with the highest possible
integrity, guaranteeing that it originates from a single Canadian mine."
"Agnico Eagle is proud to be a partner of choice as a trusted source of
responsibly produced gold for the Royal Canadian Mint's first-ever
single-source mined gold bullion coin," said Ammar Al-Joundi, President and CEO
of Agnico Eagle Mines. "We have built a strong culture of responsible behaviour
and have been responsibly developing Canadian mineral resources in Nunavut for
more than 13 years. We strive to be a good employer and a good neighbour and we
are proud of the value we bring to the local communities and society in
general. We do believe that mining, when done right, can contribute to building
a better world."
The reverse of the Mint's first-ever single-source mined pure gold coin
features Walter Ott's detailed engraving of a Sugar Maple leaf, the hallmark of
the Mint's Maple Leaf family of bullion coins. This central design is also
surrounded by an array of precisely machined radial lines. Beneath it appears
a micro-engraved maple leaf-shaped security mark containing the engraving of
the number "22", only visible under magnification, to denote the coin's year of
issue. Adjacent to the security feature 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 is also protected by Bullion DNA(TM) technology.
This exceptional gold bullion coin is encapsulated in credit card-style
packaging that includes a certificate 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, as well as the world's third-largest gold
producer overall. Its Meliadine mine, which began commercial production in
2019, is the company's second gold mine in the Kivalliq District of Nunavut.
Images of this new coin, and of the Meliadine mine are available here (
) .
With the exception of limited offerings at its Ottawa and Winnipeg boutiques,
the Mint does not sell bullion directly to the public. This practice is
consistent with the distribution model common to the world's major issuers of
bullion coins. Interested buyers are encouraged to contact a reputable bullion
dealer to order new bullion coins.
About the Royal Canadian Mint
The Royal Canadian Mint is the Crown corporation responsible for the minting
and distribution of Canada's circulation coins. The Mint is recognized as one
of the largest and most versatile mints in the world, offering a wide range of
specialized, high quality coinage products and related services on an
international scale. For more information on the Mint, its products and
services, visit www.mint.ca. Follow the Mint on Twitter (
), Facebook (
) and Instagram (
).
About Agnico Eagle
Agnico Eagle is a senior Canadian gold mining company, producing precious
metals from operations in Canada, Australia, Finland and Mexico. It has a
pipeline of high-quality exploration and development projects in these
countries as well as in the United States and Colombia. Agnico Eagle is a
partner of choice within the mining industry, recognized globally for its
leading environmental, social and governance practices. The Company was founded
in 1957 and has consistently created value for its shareholders, declaring a
cash dividend every year since 1983.
Alex Reeves, Senior Manager, Public Affairs, Tel: (613) 884-6370,
reeves@mint.ca; Natalie Frackleton, Manager, External Communications, Agnico
Eagle Mines Limited, Tel: (819) 759-3700, 4102905,
natalie.frackleton@agnicoeagle.com
SOURCE Royal Canadian Mint
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