Wednesday, August 28, 2013

Royal Canadian Mint 2013 Second Quarter report

"This is the first quarter in the Mint’s history that revenue has exceeded CAN$1 billion. The significant improvement was driven primarily by bullion demand. The fragile stability of the European economy and hesitant recovery in the U.S. combined with the decline in the gold price throughout the quarter to drive demand for the Mint’s bullion products to unprecedented volumes."

"The volume of Gold Maple Leaf (GML) sales increased 144% to 403,000 ounces compared to 165,000 ounces in the same period in 2012.  Sales of Silver Maple Leaf (SML) coins increased to 6.4 million ounces from 4.0 million ounces in the same period last year, which is a 60% increase."

"During the twenty-six weeks (H1) ended June 29, 2013, sales of GML coins increased 123% to 664,000 ounces while sales of SML coins increased 53% to 12.1 million ounces." - Royal Canadian Mint

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