Country for PR: United States
Contributor: PR Newswire New York
Wednesday, October 19 2022 - 02:31
AsiaNet
FROM MINE TO MINT: ROYAL CANADIAN MINT INTRODUCES ITS FIRST, FULLY SEGREGATED SINGLE MINE GOLD BULLION COIN
OTTAWA, ON, Oct. 19, 2022 /PRNewswire-AsiaNet/ --

-- 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 - 
https://mma.prnewswire.com/media/1922777/Royal_Canadian_Mint_FROM_MINE_TO_MINT__ROYAL_CANADIAN_MINT_INTRO.jpg


"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 ( 
https://c212.net/c/link/?t=0&l=en&o=3679969-1&h=3550335792&u=https%3A%2F%2Fwww.dropbox.com%2Fscl%2Ffo%2F79iv2n795jjrlo1yiqotn%2Fh%3Fdl%3D0%26rlkey%3Dqlc30jp7sb3kb7mtzzay3g17q&a=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 ( 
https://c212.net/c/link/?t=0&l=en&o=3679969-1&h=3869517541&u=https%3A%2F%2Ftwitter.com%2FCanadianMint&a=Twitter 
), Facebook ( 
https://c212.net/c/link/?t=0&l=en&o=3679969-1&h=2232265274&u=https%3A%2F%2Fwww.facebook.com%2FCanadianMint%2F&a=Facebook 
)  and Instagram ( 
https://c212.net/c/link/?t=0&l=en&o=3679969-1&h=1700183675&u=https%3A%2F%2Fwww.instagram.com%2Fcanadianmint%2F&a=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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