Perth Mint chief executive Jason Waters has admitted that at least ‘some' parts of the gold sold to the Shanghai Gold Exchange breached specifications, in response to the latest scandal facing the organisation.
Jason Waters will be chief executive at The Perth Mint after the departure of Richard Hayes, while Ralph Addis will leave his role at a government department to lead Lotterywest.
The London-based exchange that sets standards for the global gold industry has commenced a review of The Perth Mint following reports the WA government-owned business was buying gold from unethical miners.
The Perth Mint's gold, silver and platinum holdings stored on behalf of clients have reached $5 billion in value, with the mint citing a flight to safety by investors as a result of the coronavirus outbreak.
The Perth Mint has today announced the launch of a gold token, partnering with fintech startup InfiniGold to launch the world's first gold token guaranteed by a sovereign entity.
The Perth Mint has created the largest ever coin to celebrate the official launch of its Physical Gold Exchange Traded Fund on the New York Stock Exchange last night.
The Perth Mint, Go West Tours and Newmont Mining have teamed up to showcase the state's gold production process as a new guided day tour, unveiled by the Premier Mark McGowan this morning.
Iron ore producers have maintained their dominance over the BNiQ Search Engine Biggest Exporters list, as LNG producers are slow to start up. Click through to see the annual list of the state's biggest exporting companies.
The state owned Gold Corporation, which trades as The Perth Mint, has doubled pre-tax profit to $41 million, with a big increase in sales of minted coins among the factors assisting the result.
POLITICAL uncertainty and growing demand in the developing world will underpin gold prices for the foreseeable future, according to ABC Bullion chief economist Jordan Eliseo.
State-owned Gold Corporation has revealed a $24.9 million pre-tax profit for the first half of the 2016 financial year on the back of higher volumes and cost rationalisation.
Refining is a vital step in the gold supply chain, but it's a practice facing increasing competition from within the sector and from technological change.
The state government has appointed Donald Mackay-Coghill as chairman of Gold Corporation and Richard Hayes as chief executive, effective from next month.
Dampier Gold has appointed non-executive director Rod Hanson as non-executive chairman,following the retirement of Russell Skirrow from the board. Chief executive
