Royal Canadian Mint issues gold bullion coin sourced from Northern Ontario Gold Mine

The Royal Canadian Mint’s newest Gold Maple Leaf (GML) bullion coin is completely sourced from a single mine and it will offer Costco Canada members the first opportunity to acquire one of the world’s most popular pure

1 oz. gold bullion coins, sourced and refined under the industry’s strictest segregation protocols. The 2024 $50 1 oz. 99.99% Pure Gold Maple Leaf Single Mine bullion coin is entirely composed of gold from Canadian mining giant Agnico Eagle’s Detour Lake mine in Northern Ontario. This special gold bullion coin is now available at select Costco stores across Canada, as well as online at www.costco.ca.

“The Royal Canadian Mint is known worldwide for its refining prowess and innovation, as well as its robust environmental, social and governance practices. We are proud to once more showcase the purity and responsibility of our Gold Maple Leaf bullion coin by partnering with Agnico Eagle’s Detour Lake mine to issue our newest Single Mine GML coin,” said Marie Lemay, President and CEO of the Royal Canadian Mint.

The reverse of the Mint’s newest single 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 “24”, 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 origin of the coin’s 99.99% pure gold. The coin is also protected by Bullion DNATM 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.

“Agnico Eagle is proud to be a partner of choice as a trusted source of responsibly produced gold for the Royal Canadian Mint’s single-source mined gold bullion coin,” said Ammar Al-Joundi, President and CEO of Agnico Eagle Mines. “After one from Meliadine in 2022, this is the second single mine gold bullion coin produced entirely from gold out of an Agnico Eagle operation. We have built a strong culture of responsible behaviour and with every action we take, we strive to uphold our commitment to ensuring that every ounce of gold mined by Agnico Eagle meets the highest standards of responsibility and sustainability.”

Since its founding in 1957 in Northern Ontario, Agnico Eagle has grown into Canada’s largest miner of Canadian gold, as well as the world’s third-largest gold producer. The Company is recognized globally for its leading environmental, social ang governance practices. As a partner of choice within the regions in which it operates, the Company is focused on maintaining strong community and Indigenous relationships and supporting local businesses. Located within the northernmost Abitibi Greenstone Belt in Northern Ontario, Detour Lake is the largest gold-producing mine in Canada, with mineral gold reserves of 19.9 million ounces and an expected mine life past 2054.

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