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Perth Mint: $9 billion Australian gold bar purity scandal. Australia’s government-owned maker of gold bullion bars kept quiet damning evidence the gold it was selling was less than pure.
Total gold ounces sold at the Perth Mint, which includes coins and bars, were 86,983.54 ounces in May, compared to 111,505.06 in April, the Perth Mint said on its website. April’s sales were a ...
“It was a decision by the Perth Mint, an operational decision, and that’s what mints do all over the world to try and maximise value – the gold component of the gold bars the West Australia ...
Perth Mint's gold product sales in April fell more than 6% from the previous month, while those of silver rose to their highest since October last year, the refiner said in a blog post on Wednesday.
Each certificate is 100% backed by physical Perth Mint gold stored in its network of central bank grade vaults, it said, with every ounce of gold held in storage guaranteed by the state government.
The Perth Mint's gold product sales jumped in February, while silver sales rose 16% from the previous month, the refiner said on Friday, driven by strong demand. WHY IT IS IMPORTANT The Perth Mint ...
It’s also been revealed that the Perth Mint, which was founded in 1899 before Australia became a nation, sold $27,000 of gold to an ex-bikie but failed to investigate the “red flag” transaction.
The Perth Mint's gold product sales jumped in February, ... Sales of gold coins and minted bars rose to 25,103 ounces in February, up 35% from January. On a year-on-year basis, ...