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The Canadian Gold Maple Leaf (GML; French: Feuille d'érable en or canadienne) 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.
In 1970, South Africa produced 995 tonnes or 32 million ounces of gold, two-thirds of the world's production of 47.5 million ounces. [2] Production figures are for primary mine production. In the US, for example, for the year 2011, secondary sources (new and old scrap) exceeded primary production. [3]
A Big Maple Leaf measures 2.8 centimetres (1.1 in) thick and 50 centimetres (20 in) in diameter and is 999.99/1000 pure. The obverse of the BML shows Queen Elizabeth II as she has appeared on Canadian coinage since 2003, [5] when Susanna Blunt's design became the third iteration of the queen's effigy to appear on coinage (the others were 1965 and 1990).
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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
The LBMA gold price is set twice every business day at 10:30AM and 3:00PM, London time, in United States dollars (USD). Prices are available in sixteen other currencies—including British pounds, Canadian dollars, Chinese renminbi, and euros—but they are indicative prices for settlement between LBMA members only.
The largest gold heist in Canadian history was carried out with remarkable ease: A fraudulent shipping document for a load of farm-raised Scottish salmon was used to brazenly snatch $14.5 million ...
In the early 1980s, when gold prices were high, two major frauds were International Gold Bullion Exchange and Bullion Reserve of North America. [69] More recently the 2008 fraud at e-Bullion resulted in a loss for investors, that was only reimbursed to them in April 2019.
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