Page 16 - Bullion World Volume 3 Issue 3 March 2023
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Bullion World | Volume 3 | Issue 3 | March 2023


                                 themed coins were also commemorated both in gold and silver. The mint is expected to
                                 announce a series of new launches this year.

                                 In July, the mint will issue new series of coins, which will consist of 2 gold coin and 4
                                 silver coin launches. In August two smaller coin programs would follow relating to the
                                 Chinese national parks aiming to protect the environment of china as a whole. Under this
                                 programme, one gold and silver coin would be issued


           A new 2-gram gold coin is to be introduced under the Chinese auspicious animal programme.  In 2024, the Chinese
           panda program will be launched consisting of 4 gold bullion coins and 1 silver bullion coin. Another program named
           “Year of the dragon” will have a variety of gold coins ranging from 2 grams to 15kg.


           6. The Royal Canadian Mint-
                                            The Royal Canadian Mint is a commercial Crown corporation responsible
                                            for producing and distributing all of Canada's circulation coins. It also
                                            produces foreign circulation, numismatic, and bullion coins for domestic and
                                            international consumers. The Royal Canadian Mint has 1,100 employees
                                            across its two mints. The two mints are located in Ottawa and Winnipeg


           A new coin distribution management has been implemented, which helped the Canadian mint to manage the
           movements of coins and track the coins around the country. This system has helped the mint deal with coin
           shortages

           The refinery and storage units never stopped functioning during the pandemic, The Canadian
           mint accepted mining deposits and produced physical metal to support the mining and
           financial sectors. The Canadian mint also repurposed its numismatic activities to produce
           Maple leaf bullion coins, they also doubled the gold volume compared to 2019 and silver
           volume grew by 30%.  The mint also aims to reduce carbon emissions and make the process
           carbon neutral. The Canadian mint has also introduced a very unique gold bullion coin which
           was produced from gold 100% sourced from Agnico Eagle’s Meliadine mine (Nunavut) which
           has 100% traceability through the segregated refining process. For the passing of Queen Elizabeth, the Royal
           Canadian Mint commemorated 14 Gold, silver, and platinum coins included.


           7. Austrian Mint-
                                            The Austrian Mint located in Vienna is responsible for minting Austrian coins.
                                            Since 1989 it has been a public limited company and a subsidiary of Austria's
                                            Central Bank, also headquartered in Vienna.

                                            The Austrian Mint carries out both the design and stamping of the coins. Until
           2002, the mint was only responsible for minting the coins of the Austrian schilling; since then, it has been responsible
           for producing the Austrian Euro coins. The mint also produces gold bullion coins and various numismatic coins.

                                                                                  The series of coins minted
                                                                                  includes “The language of
                                                                                  flowers” of 10 Euro silver coins.
                                                                                  “The Uncharted Universe” of 20
                                                                                  Euro silver coins.  Global warming
                                                                                  is one of the concepts for the new
                                                                                  20 Euro silver coins.

           The Vienna Philharmonic coin is a bullion coin of gold, silver, or platinum produced by the Austrian Mint, named for
           the Vienna Philharmonic orchestra. This was introduced in 1989 as a one-try-ounce gold coin with a face value of
           2,000 Austrian schillings.


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