The Mint's latest 1 oz. 99.99% pure gold coin is sourced exclusively from gold produced at the Meliadine Mine in Agnico Eagle, Nunavut, Canada

OTTAWA, Ontario, Oct. 20, 2022 /PRNewswire/ -- In response to the market's increasing demand for greater transparency in the origin of precious metals and to showcase its evolving refining capabilities, the Royal Canadian Mint is introducing the first general purpose gold coin to be sourced entirely from a single mine source.  The 2022 $50 single-source, 1 oz. 99.99% pure gold Maple Leaf gold coin is produced entirely from gold from the Meliadine Mine in Agnico Eagle, Nunavut, Canada, and expertly refined by the Mint under a rigorous separation process. This special gold coin will soon be available for sale through the Mint's official gold distributor network.

Royal Canadian Mint Introduces New Single Mineral Source 1 oz 99.99% Pure Gold Maple Leaf Proof Gold Coin

The Royal Canadian Mint has been trusted by precious metals investors for the market-leading purity and security of its gold coin products," said Marie Lemay, president and CEO of the Royal Canadian Mint.  As an LBMA certified premium delivery refiner, they can also rely on us to responsibly source the gold and silver we will refine." "By introducing a new gold coin made entirely from gold from Agnico Eagle's Meliadine Mine, we are also able to demonstrate our ability to provide gold coins with the highest possible integrity, guaranteeing that the gold used is all from the same Canadian mine."

Ammar Al-Joundi, President and CEO of Agnico Eagle Mines, said, "Agnico Eagle is honored to be the preferred and trusted responsible gold supply partner for the Royal Canadian Mint's first single-mine sourced gold purity coin." "We have established a strong culture of responsible behaviour and have been developing Canadian mineral resources responsibly in Nunavut, Canada for over 13 years. We are committed to being a good employer and a good neighbor, and are proud of the value we bring to local communities and society at large. We firmly believe that mining the right way can contribute to building a better world."

The reverse of the Mint's first single-mine source pure gold coin features Walter Ott's finely carved sugar maple leaf, the symbol of the Mint's Maple Leaf series of gold coins.  The central design is surrounded by a circle of precision machined radiating lines.  Below this is a micro-engraved maple leaf-shaped security mark containing the number "22", visible only in magnification, indicating the year of issue of the coin.  Next to the security mark is a cryptic symbol of a hand holding the earth, symbolizing the coin's 99.99% purity and single origin.  The gold coin also features Bullion DNATM security technology.

This special gold coin comes in a credit card package and contains a certificate of purity and a security mark signed by the Mint's Chief Authenticating Officer.

Since its founding in 1957, Agnico Eagle, headquartered in Canada, has grown to become Canada's largest gold miner and the third largest gold producer in the world. The company's Meliadine mine, which began commercial mining in 2019, is the company's second gold mine in the Kivalliq district of Nunavut.

Click here to view images of this new gold coin and the Meliadine Mine. 

The Mint does not sell gold coins directly to the public, except for limited sales in Ottawa and Winnipeg boutiques. This practice is consistent with the distribution model common to major gold coin issuers worldwide. We encourage interested buyers to order new gold coins through a reputable gold dealer.  

About the Royal Canadian Mint 

The Royal Canadian Mint is the Crown corporation responsible for the minting and distribution of Canada's circulating coins. Recognized as one of the world's largest and most versatile mints, the Royal Canadian Mint offers a wide range of specialized, high-quality minting products and related services on an international scale. For more information about the Mint and its products and services, please visit www.mint.ca. Follow the Mint on Twitter, Facebook and Instagram.

About Agnico Eagle

Agnico Eagle is a Canadian advanced gold mining company focused on precious metals with operations in Canada, Australia, Finland and Mexico. The company has a portfolio of high-quality exploration and development projects in these countries as well as in the United States and Colombia. Agnico Eagle is a preferred partner to the mining industry and has a global reputation for leading environmental, social and corporate governance practices. Founded in 1957, the company has been committed to creating value for its shareholders and has paid annual cash dividends since 1983.