Category Archives: Financial News

U.S. Banknote Supplier Crane Currency Purchased for $800 Million

By CoinWeek News Staff …. On Tuesday, December 5, Crane Company, based out of Stamford, Connecticut, issued a press release announcing the purchase of the similarly named Crane & Co. (otherwise known as “Crane Currency“) for a net price of $800 million USD. The buyout was then expounded upon by the company at a teleconference […]

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Royal Mint: Britain’s Oldest Manufacturer Sees Highest-Ever Revenue

The Royal Mint Limited has announced its annual results for 2015-2016, reflecting the highest revenue in the 1,100 year history of the organization in financial terms. Significant growth in the precious metal trading activities of the company’s Bullion division made a major contribution to this outcome, with increased competitiveness in the US silver market at […]

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Perth Mint Achieves Record Half-Year Results

The Perth Mint posted record revenue of $4.4 billion and pre-tax profit of $24.9 million for Q1/Q2 of the 2015/16 financial year. Owned by the Government of Western Australia, The Perth Mint makes a contribution to the State economy through the successful management of its sizable and diverse operation, and ongoing support of the mining […]

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