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The Canadian Gold Maple Leaf (GML) is a gold bullion coin that is issued annually by the Government of Canada. It is produced by the Royal Canadian Mint. The Gold Maple Leaf is legal tender with a face value of 50 Canadian dollars. The market value of the metal varies, depending on the spot price of gold.
The final major point in the Canadian gold mining timeline began in 1981 with the discovery of the Hemlo gold deposits in Northern and Northwestern Ontario. During this period, gold was also discovered across all Canadian provinces and territories and gold production from the 1990 to 1997 period averaged more than 150 tonnes a year.
By March 2011 It owns at least 17.41 million troy ounces (1,194,000 lb; 542,000 kg) of gold reserves (including 10.71 in malartic and 6.7 at Hammond Reef, malartic reserves up 20% due to higher gold prices) [28] [29] and over 230 square kilometres (89 sq mi) of land in the Malartic-Cadillac area. [18]
Additionally, the kilobar, weighing 1,000 grams (32.15 troy ounces), and the 100-troy-ounce (109.7-ounce; 6.9-pound; 3.1-kilogram) gold bar are popular for trading and investment due to their more manageable size and weight. [1] These bars carry a minimal premium over the spot price of gold, facilitating small transfers between banks and ...
Chesterfield Larder Lake Gold Mining Company 1939-1950 Copperfields Mine: Temagami: 1954-1972 Secondary products included cobalt, gold, nickel, palladium, platinum and silver. David Bell Mine: Hemlo: closed 2013
In the US, scrap prices are reported in a handful of publications, including American Metal Market, based on confirmed sales as well as reference sites such as Scrap Metal Prices and Auctions. Non-US domiciled publications, such as The Steel Index , also report on the US scrap price, which has become increasingly important to global export markets.
The Ottawa Mint sovereign is a British one pound coin (known as a sovereign) minted between 1908 and 1919 at the Ottawa Mint (known today as the Ottawa branch of the Royal Canadian Mint. This has augmented debate among Canadian numismatists because some view these pieces as Canadian while others view them as British and thus distinct from the ...
Open pit mine in Val-d'Or, Quebec. The Abitibi gold belt is a region of Canada that extends from Wawa, Ontario to Val-d'Or, Quebec.Located within the mineral-rich Abitibi greenstone belt, the gold belt is an established gold mining district having produced over 100 mines, and 170 million ounces of gold since 1901.
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