Category Archives: gold mining

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Royal Canadian Mint Introduces Single Mine Gold Maple Leaf Coin

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by CoinWeek… To demonstrate industry leadership in transparency and refining, the Royal Canadian Mint has sourced its newest gold bullion coin completely from a single mine. The gold for the .9999 fine 1oz 2023 $50 Maple Leaf Single-Sourced Mine bullion coin was extracted from Newmont Corporation’s Éléonore gold mine in Northern Québec. The Mint will […]

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Royal Canadian Mint Issues Its First Single Mine Gold Bullion Coin

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In response to increasing market demand for greater transparency in the provenance of precious metals, and to showcase its continually evolving refining capabilities, the Royal Canadian 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 […]

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Royal Canadian Mint Launches Klondike-Themed Gold Bullion Coin at PDAC 2022

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The Klondike Gold Rush, a turning point in Canadian mining history, and the prospecting methods used to find gold first discovered in Yukon’s famed Bonanza Creek in 1896, are being remembered on a new Royal Canadian Mint 99.999% (5-9s) pure gold bullion coin. This new issue, illustrating the operation of a traditional sluice box, is […]

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Four Sentenced for Advanced Fee Scheme That Promised to Turn Dirt Into Gold

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Defendants Defrauded 140 Victims of More Than Eight Million Dollars   By United States Attorney’s Office, District of Utah ……   Marc Tager, Jonathon Shoucair, Matthew Mangrum, and Kenneth Gross have all been sentenced for their role in an eight million dollar telemarketing fraud scheme that promised investors, most of them elderly, that their business […]

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The S&P Global Market Report and the Future of Gold Mining

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By Blanchard and Company, Inc ….. Gold mines are becoming more difficult to source and maintain. Consider that the global nonferrous exploration budget remains below the 2014 level. Moreover, between 2012 and 2016 this figure dropped each year. The S&P Global Market Intelligence Report adds color to these numbers by explaining that their research “has […]

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Gold Mining Companies Consolidate as Mine Output Diminishes

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By Blanchard & Company …… It’s getting prohibitively difficult to source gold deposits. Mining companies are learning that the easy-to-access gold is all but gone. Now, finding gold means greater exploration costs. Even when gold mining concerns make a find the cost of getting the location up to production is exorbitant. Therefore, the mining companies […]

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The Future of Gold Mining

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By Blanchard and Company, Inc ….. Recently the World Gold Council released a report on the relationship between gold and the natural environment. As the threat of ecological impact and global warming loom large, gold mining operations are seeking more efficient methods of sourcing gold. One company, Goldencorp, is at the leading edge of this […]

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Four Peruvian Members of Multi-Billion Dollar, International Gold Money Laundering Scheme Indicted

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By Federal Bureau of Investigation …. EDITORS NOTE – CoinWeek reported on this investigation on April 17, 2017. You can read that article here ….. Four Peruvian citizens were indicted for their alleged involvement in a multi-billion dollar, international gold money laundering scheme. On November 16, 2017, Pedro David Perez Miranda, a/k/a “Peter Ferrari,” a/k/a “Peter,” […]

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CoinWeek News Wire for June 23, 2017: Gold Coins, Bitcoin, Crime Alert…

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By Coinweek …. CoinWeek News Wire for June 23, 2017 Brain Food 1.) Does Japan’s five-yen coin need a foreigner-friendly redesign? The five-yen coin is the only denomination without its value written in numerals. The only indication of its worth is in the kanji characters 五円, which mean “five yen,” and so foreign visitors who […]

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NTR Metals and Illegal South American Gold

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By Joshua Gibbons – About.Ag – for CoinWeek …. When I first heard about Peruvian gold smuggling early last year, I didn’t really believe it. I was talking to the owner of a bullion dealer that I suspected was in financial trouble, and he said that NTR Metals was caught smuggling $20M of gold from […]

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Money Metals Exchange: Bizarre Gold, Silver Movements Behind-the-Scenes

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By Clint Siegner – Money Metals Exchange…. A lot is riding on the demand side of the equation when it comes to metals’ price performance this year. Demand is the bigger wildcard with signals thus far being mixed in gold and silver bullion markets. The outlook for supply is more certain, and it isn’t pretty. […]

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