Latest news with #RoyalCanadianMint
Cision Canada
29-05-2025
- Business
- Cision Canada
ROYAL CANADIAN MINT REPORTS PROFITS AND PERFORMANCE FOR Q1 2025 Français
OTTAWA, ON, May 29, 2025 /CNW/ - The Royal Canadian Mint (the "Mint") is announcing its financial results for the first quarter of 2025. These results provide insights into the Mint's activities, the impacts of economic uncertainties and trade barriers on its businesses and its expectations for the next 12 months. "Throughout the first quarter, the Royal Canadian Mint navigated the uncertainties of a challenging and unpredictable global market," said Marie Lemay, President and CEO of the Royal Canadian Mint. "Our talented people invested a lot of time and energy over the last several months to evaluate the impact of U.S. tariffs and respond to the market volatility in a way that positions the Mint to withstand these headwinds over the long-term by adjusting our priorities and capitalizing on opportunities." To read the Mint's First Quarter Report for 2025, please visit The Mint's 2024 Annual Report, including its audited financial statements as at and for the year ended December 31, 2024, was submitted to the Minister of Finance on March 27, 2025, in accordance with the Financial Administration Act Section 50(1). As of the date of this earnings release, the Mint's 2024 Annual Report has not been tabled in Parliament and will not be available for public release until the tabling occurs. 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 one of the largest and most versatile mints in the world, producing award-winning collector coins, market-leading bullion products, as well as Canada's prestigious military and civilian honours. As an established London and COMEX Good Delivery refiner, the Mint also offers a full spectrum of best-in-class gold and silver refining services. As an organization that strives to take better care of the environment, to cultivate safe and inclusive workplaces and to make a positive impact on the communities where it operates, the Mint integrates environmental, social and governance practices in every aspect of its operations. For more information on the Mint, its products and services, visit Follow the Mint on LinkedIn, Facebook and Instagram.
Yahoo
29-05-2025
- Business
- Yahoo
ROYAL CANADIAN MINT REPORTS PROFITS AND PERFORMANCE FOR Q1 2025
OTTAWA, ON, May 29, 2025 /CNW/ - The Royal Canadian Mint (the "Mint") is announcing its financial results for the first quarter of 2025. These results provide insights into the Mint's activities, the impacts of economic uncertainties and trade barriers on its businesses and its expectations for the next 12 months. "Throughout the first quarter, the Royal Canadian Mint navigated the uncertainties of a challenging and unpredictable global market," said Marie Lemay, President and CEO of the Royal Canadian Mint. "Our talented people invested a lot of time and energy over the last several months to evaluate the impact of U.S. tariffs and respond to the market volatility in a way that positions the Mint to withstand these headwinds over the long-term by adjusting our priorities and capitalizing on opportunities." To read the Mint's First Quarter Report for 2025, please visit The Mint's 2024 Annual Report, including its audited financial statements as at and for the year ended December 31, 2024, was submitted to the Minister of Finance on March 27, 2025, in accordance with the Financial Administration Act Section 50(1). As of the date of this earnings release, the Mint's 2024 Annual Report has not been tabled in Parliament and will not be available for public release until the tabling occurs. About the Royal Canadian MintThe Royal Canadian Mint is the Crown corporation responsible for the minting and distribution of Canada's circulation coins. The Mint is one of the largest and most versatile mints in the world, producing award-winning collector coins, market-leading bullion products, as well as Canada's prestigious military and civilian honours. As an established London and COMEX Good Delivery refiner, the Mint also offers a full spectrum of best-in-class gold and silver refining services. As an organization that strives to take better care of the environment, to cultivate safe and inclusive workplaces and to make a positive impact on the communities where it operates, the Mint integrates environmental, social and governance practices in every aspect of its operations. For more information on the Mint, its products and services, visit Follow the Mint on LinkedIn, Facebook and Instagram. SOURCE Royal Canadian Mint (RCM) View original content: Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
1News
29-05-2025
- Business
- 1News
Ten cent coin with King Charles III image approved for production
A ten cent coin with the image of King Charles III has been approved for production, the Reserve Bank of New Zealand (RBNZ) has confirmed. Photos of the quality checking were released today, giving people the first look at the actual coin. RBNZ director of money and cash Ian Woolford said New Zealanders could expect to see it in their change around 2027. "We received pre-production samples of the coin to check and approve before starting the full production run. We check the coins for quality, weight, size, security properties and that they match the design we ordered," he said. The coin is stamped with the year 2024 - which is when RBNZ placed the order with the Royal Canadian Mint. New Zealand does not have a mint, therefore coins are produced overseas. ADVERTISEMENT These photos are production samples of the new coins that will be in circulation around 2027. (Source: RBNZ) The King's effigy was designed for the Royal Mint by illustrator and designer Dan Thorne to be used on all New Zealand's coins. The Royal Numismatic Society of New Zealand provided advice on the 10 cent coin before it went into production. The King faces to the left in keeping with the convention that the direction changes between sovereigns. "The reverse [or tails] side of the 10 cent coin still features an image of a koruru - the carved face on the gable of a meeting house - designed by James Berry as a part of the 1967 decimal coin series," Woolford said. 'All existing circulating coins, and $20 banknotes, bearing images of Queen Elizabeth II continue to be legal tender. We order notes and coins infrequently and do not plan to destroy stock or withdraw them early from circulation as this would be wasteful and poor environmental practice.' Minting the 20 cent, 50 cent, $1 and $2 coins with the KCIII image is likely to be around 2027. Coins then typically enter circulation around two years after production. "Updating our currency with the new sovereign takes several years because we always hold sufficient stock to deal with demand spikes or supply issues. We make enough coins and banknotes just in case - not just in time," said Woolford. "We will let everyone know when the KCIII coins are due to enter circulation as the time nears." Banks, retailers, consumers and anyone using or handling cash will not need to do anything differently when we introduce the coins bearing the image of the King. We will work with the cash industry to make sure there are no glitches with cash handling machines like self-service checkouts, vending and change machines accepting and issuing the new and old coins.
Associated Press
07-05-2025
- Business
- Associated Press
Global Coin Unveils Exquisite Royal Tribute from the Crown Jewel Series
Global Coin introduces two elite Royal Canadian Mint releases—the 2025 1 oz Silver Williamson Diamond Brooch and the $200 Gold Coin with Pink Tourmaline & Diamonds, each graded PR70 and hand-signed by Steven Rosati. Exclusive access. Secure yours now. Fitchburg, Wisconsin, United States, May 7, 2025 -- Global Coin is honored to unveil two stunning new additions to our elite portfolio—offered in museum-quality PR70 condition—as part of the Royal Canadian Mint's prestigious Crown Jewels Series: 2025 1 oz Fine Silver Coin – Williamson Diamond Brooch (PR70, Hand-Signed) A tribute to one of Queen Elizabeth II's most iconic jewels, this 99.99% fine silver coin showcases a rhodium-plated jonquil flower with a pink-colored glass stone and crystal embellishments. With a global mintage of just 6,000, it exudes royal charm and refined craftsmanship. Even more exclusive—only 29 coins have been graded PR70, and each one is hand-signed by Royal Canadian Mint Senior Engraver Steven Rosati, enhancing its provenance and collector appeal. 2025 $200 Pure Gold Coin with Pink Tourmaline & Diamonds – Williamson Diamond Brooch (PR70, Hand-Signed) A true modern masterpiece, this 1.93 oz 99.99% pure gold coin is adorned with a 0.50 ct pink tourmaline and 28 round-cut diamonds (0.41 ct total), mounted on a platinum-plated sterling silver recreation of the Queen's brooch. With only 225 coins minted worldwide, this release is the epitome of numismatic luxury. Even more rare: just 5 coins have achieved PR70 status, each with a Steven Rosati hand-signed label, making them some of the most elite gold issues of 2025. Both PR70 coins are now available exclusively through Global Coin. To inquire about pricing, availability, or secure your hand-signed specimen, call our private client team at (888) 782-4406. May Coin Drop Exclusive – One Day Only Offer On Wednesday, May 14, 2025, Global Coin's monthly Coin Drop will feature the 2025 1 oz Fine Silver Williamson Diamond Brooch coin in NGC GEM Proof condition. Retail Price: $264 Coin Drop Price: $129 — over 50% off, while supplies last To claim yours, visit at 8:00 AM CST and enter discount code CROWNJEWEL at checkout. Quantities are extremely limited and will sell out fast. About the company: Global Coin is your trusted destination for rare and valuable coins, combining quality, authenticity, and unparalleled customer service. With a global selection and expert advisors available online or by phone, we guide novice and seasoned collectors to make confident, informed decisions. Visit today. Contact Info: Name: Stephen Pfeil Email: Send Email Organization: Global Coin, LLC Phone: 1-844-595-9599 Website: Release ID: 89159439 In case of detection of errors, concerns, or irregularities in the content provided in this press release, or if there is a need for a press release takedown, we strongly encourage you to reach out promptly by contacting [email protected] (it is important to note that this email is the authorized channel for such matters, sending multiple emails to multiple addresses does not necessarily help expedite your request). Our efficient team will be at your disposal for immediate assistance within 8 hours – resolving identified issues diligently or guiding you through the removal process. We take great pride in delivering reliable and precise information to our valued readers.
Cision Canada
30-04-2025
- Business
- Cision Canada
ROYAL CANADIAN MINT WINS TWO 2025 MINT DIRECTORS CONFERENCE COIN AWARDS
The Mint earns global industry recognition for a double-sided Extraordinarily High Relief pure silver coin celebrating the Year of the Dragon and its collaboration with McGill University on a more environementally responsible gold refining process OTTAWA, ON, April 30, 2025 /CNW/ - The Royal Canadian Mint is delighted to have twice earned global recognition for its coin manufacturing execellence and innovation by winning the Best Commemorative Silver Coin and the Best Collaboration coin awards of the 2025 Mint Directors Conference (MDC). The Mint was first recognized for its 2024 $50 Pure Silver Coin – Year of the Dragon, a new technical achievement that enhances the relief of a stunning Wood Dragon design to an impressive height of 4.7 mm on the reverse and created a rear view of the dragon in an equally impressive obverse relief. As well, our partnership with the Department of Chemistry at Montreal's McGill University, to develop a more environmentally responsible gold refining process, was recognized as the global minting industry's best collaboration. The 2025 MDC is host to the prestigious Coin Awards, recognising industry achievements in the design, production, packaging, and distribution of commemorative and circulating coins worldwide. "The Royal Canadian Mint is passionate about innovating to keep demonstrating the excellence and artistry of our world-famous coin products, as well as the sustainability of our processes," said Marie Lemay, President and CEO of the Royal Canadian Mint. "To be recognized in two award categories by the Mint Directors Conference judges is a tremendous peer endorsement of our commitment to finding new ways to delight our customers while finding more caring and sustainable ways to continue leading the global minting community." Designed by Canadian artist Simon Ng, our award-winning pure silver coin celebrates the Year of the Wood Dragon through an elaborate EHR engraving of a dragon, the fifth sign in the Chinese Zodiac. Framed by a laser-engraved pattern that represents the wood element, the dragon is shown moving among the clouds of a night sky illuminated by the moon, its tail coiled to form the shape of lucky number 8. A rear view of that same scene is rendered in EHR on the obverse. Above the obverse engraving appears the effigy of Queen Elizabeth II by Susanna Blunt, accompanied by a special device of four pearls symbolizing her four different effigies to have graced Canadian coins, as well as the double date of her reign. The goal of the Mint's work with McGill University is to transform gold refining by replacing the longstanding Miller Chlorination process, which relies on the injection of chlorine gas separate impurities from molten gold. Our collaboration has, at a lab scale, resulted in a process that eliminates chlorine gas almost entirely by introducing an acoustic mechanochemical process to catalyze a chemical reaction with a mild reagent. The process, which yields pure gold in soluble form is non-toxic and less energy-intensive, and is safer for people and the environment. This innovation builds on previous work done by the Mint in 2019 to reduce chlorine use in its gold refining operations. At that time, the Mint introduced acid-less separation (ALS) technology, that reduced the use of chlorine gas by more than 50% in the Ottawa refinery. Images and video of the 2024 Pure Silver Coin – Year of the Dragon can be found here. 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 one of the largest and most versatile mints in the world, producing award-winning collector coins, market-leading bullion products, as well as Canada's prestigious military and civilian honours. As an established London and COMEX Good Delivery refiner, the Mint also offers a full spectrum of best-in-class gold and silver refining services. As an organization that strives to take better care of the environment, to cultivate safe and inclusive workplaces and to make a positive impact on the communities where it operates, the Mint integrates environmental, social and governance practices in every aspect of its operations. For more information on the Mint, its products and services, visit Follow the Mint on LinkedIn, Facebook and Instagram.
