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The Royal Canadian Mint offers several services to businesses and foreign governments. We pride ourselves on the high standards of our outsourced coin production, storage, assay, reference and analysis tools, as well as our world-class refinery.
The Mint provides storage services for Royal Canadian Mint branded precious metals in our vaults. This service is not offered directly to individuals, but through business to business accounts with the Royal Canadian Mint.
The Royal Canadian Mint is a Crown Corporation of the Government of Canada. We are ISO-9001:2000 certified, and are regularly audited to ensure the transparency of our business. Our vaults are therefore an exceptionally secure facility. Our precious metal storage service is available through our selected dealers.
The ability to analyze gold accurately is central to the success of any gold refinery. The Mint's sampling and assaying practices are among the industry's most stringent, and our precious metals analytical labs rank among the world's best. The Royal Canadian Mint laboratory is an active participant in the process testing program conducted by the American Society for Testing and Materials. Their independent validation of our fire assay is integral to maintaining our leadership position.
An expert team of technical and scientific personnel is at the heart of our success. Their innovative approach is supported by state-of-the-art practices and methodologies, which address the complete range of precious metals, from low-grade material to 99999 fine gold.
The accepted method for settlement assays on mine doré and similar materials, the fire assay is based on standard test method E-1335-96 of the American Society for Testing and Materials (ASTM). Inherent in this approach is a proof correction to ensure the accuracy of the results as well as quality assurance measures, including twin and independent parallel analysis, control samples and a weight calibration program.
These advanced techniques are used to analyze high-purity gold and to determine impurities in feed materials. They include flame atomic absorption, graphite furnace atomic absorption, spark ablation ICP atomic emission as well as x-ray fluorescence and laser-ablation ICP mass spectrometry.
The absolute accuracy of every analysis is validated and guaranteed through the Mint's rigorous sampling and analytical protocols, while a weight calibration program ensures all scales remain traceable to the international kilogram standard.
The Royal Canadian Mint operates one of the most technically advanced and respected gold and silver refineries in the world, producing bars, wafers and custom products. In operation since 1911, our refinery services are among the largest in the industry. The Mint refines gold and silver from a variety of sources including primary producers, industry, recyclers and financial institutions. Factors contributing to our success include:
The Royal Canadian Mint began refining gold to 9999 fine purity in the mid-1960's. In 1982, our refinery became the worlds' first to produce 9999 bullion coins, an achievement surpassed in 1998 when we reached "five nines" purity levels. Today, we are even able to produce granulation gold that is 99999 fine.
The Royal Canadian Mint opposes all activities which deny basic human rights, and is opposed to all activities which finance or contribute to abuses of human rights. This includes the mining and trading of conflict minerals within the gold sector.
The Mint is committed to advancing responsible business practices, and promotes the responsible sourcing of precious metals used in its processes and products, by requiring all customers and suppliers of precious metals to participate in the Mint's Responsible Metals Program. The program is designed to meet the Organisation for Economic Co-operation and Development (OECD) Due Diligence Guidance on Responsible Supply Chains of Minerals from Conflict-Affected and High Risk Areas – Gold Supplement, the London Bullion Market Association (LBMA) Responsible Gold Guidance, and the Electronic Industry Citizenship Coalition and the Global e-Sustainability Initiative (EICC GeSI) Conflict-Free Sourcing Initiative requirements.
The Mint's Responsible Metals Program incorporates the following five (5) step process aimed at identifying and validating the chain of custody of all incoming gold-bearing refining deposits:
The Mint is committed to meeting its social responsibilities, and encourages its precious metal refining customers and suppliers to do their part in ensuring that their materials are not sourced from illegitimate mining operations in internationally recognized conflict areas.
The rigour of our production standards is equalled by the stringency of our security protocols, which are implemented at every level of refinery operations. The refinery is a restricted environment controlled by security personnel supported by state-of-the-art surveillance technology.
The Mint refines feed material to 995 fine through the Miller chlorination process. The gold is then cast into anodes which are purified to 9999 fine using the Wohlwill electrolytic process. Every gold bar and wafer is struck with the Royal Canadian Mint hallmark, an internationally recognized guarantee of weight and purity.
We also melt and cast 9999 and 995 gold into "good delivery bars" accepted by the New York (COMEX), London (LBMA - where we hold associate membership), and Tokyo (TOCOM) exchanges.Purchasing Bullion | Bullion Products
Why do business with the Royal Canadian Mint Refinery services?
The Mint has the capacity to produce over 2 billion circulation coins or blanks per year for foreign governments. The products we offer also include dies, die coatings, master punches and tooling, plus roll and wrap and other coin packaging.
The Royal Canadian Mint's patented coin plating technology helps minimize coin cost for foreign governments. In addition, it offers superior quality, durability and electro-magnetic signature (EMS) readability for better long-term performance compared to conventional alloys and other plating alternatives.
The Royal Canadian Mint provides its proven expertise to foreign markets to develop, produce, package and market custom commemorative coins. From the initial creative concept to the individual detailing of each piece, our approach is characterized by the single-minded pursuit of quality.
International clients come to us for custom numismatic coins, for example the 1997 commission from the Hong Kong Monetary Authority to produce a $1,000 22-karat gold coin to mark the historic transfer of the territory to the People's Republic of China.
Combining heightened art with technical precision, virtually any coin size, shape, finish and bi-metallic combination can be achieved in a variety of precious metals and alloys. Design and composition are limited only by our (and our clients') imagination.
These services draw on our experience as managers of Canada's national coinage system: