Latest News

John Winchcombe

3 Aug. 2023

5 min read

Royal Mint Reports Success of Diversification Plan

In The Royal Mint's Annual Report 2022-23, the Chief Executive, Anne Jessopp, noted that it has been a pivotal year for the Mint as it embarked on a five-year business transformative plan. Revenue for the year increased by 33.82% to £1.87 billion, from £1.4 billion in FY 2022. Operating profit increased by 27.3% to £17.7 million compared with £13.9 million for the previous year.

Mints Studies, Reports

Astrid Mitchell

6 June 2023

4 min read

2022: Royal Canadian Mint Meets Expectations

The Royal Canadian Mint has published its results for 2022, stating that, whilst its financial performance was below 2021 levels, this was expected given the exceptional performance seen in 2021, and planned operational maintenance in 2022. The Mint still exceeded its financial goals for 2022, as set out in the Corporate Plan.

Mints Studies, Reports

Astrid Mitchell

6 June 2023

2 min read

Mint Of Poland Secures Outlets – Banking on Indigenous Growth

The Mint of Poland, which trades on the Warsaw Stock Exchange as the only publicly-listed mint, has three distinct business segments – mint products, electronic payments, and real estate development, representing 82.7%, 16.54%, and 0.76% of revenue in 2022, respectively.

Mints Studies, Reports

Astrid Mitchell

6 June 2023

2 min read

INCM Looks to International Markets for Recovery

In its annual report for 2022, INCM (Imprensa Nacional Casa da Moeda), described the year as a period of recovery, with a progressive increase in international business, despite the challenges posed by the conflict in Ukraine, the scarcity of raw materials and inflationary pressures.

Mints Studies, Reports

David Tidmarsh

3 May 2023

3 min read

US Mint Reports Near Record Production Levels

In 2022, the US Mint continued to manufacture coins at near record levels, producing nearly 14 billion in the year.

Mints Studies, Reports

John Winchcombe

3 May 2023

4 min read

Finnish Mint’s Approach to Social Responsibility

The Mint of Finland has issued its 2022 Corporate Social Responsibility report. This article is a summary of that report, along with the presentation that the Mint made in the coin session at the recent Silk Road Conference in Kazakhstan.

Mints Studies, Reports Sustainability

Astrid Mitchell

4 April 2023

3 min read

Mixed Picture for Mints’ Annual Results

Both the Monnaie de Paris and the Mint of Finland have published their results for 2022. The French mint had a good year, the Finnish Mint did not.

Mints Studies, Reports

Alex Sadler

2 Feb. 2023

2 min read

Royal Australian Mint Strikes First Coin of the Year

On 1 January 2023, and following a two-year break due to COVID, the Royal Australian Mint held its annual First Coin of the Year event at its facility in Canberra.

Commemorative Coins Mints

Alex Sadler

2 Feb. 2023

2 min read

New Year and New Coins for the US Mint

As 2023 begins, the US Mint has unveiled several coin designs and release schedules for the year and announced its final 2022 production figures.

Mints

Alex Sadler

29 Nov. 2022

2 min read

Coiniverse Continues to Expand

Coiniverse, the mobile app platform developed by the Mint of Finland and now adopted by several mints around the world in association with the collector community, has announced the addition of its newest member mint, Istituto Poligrafico e Zecca dello Stato (IPZS) – the Italian Mint.

Mints Numismatics

Astrid Mitchell

29 Nov. 2022

2 min read

RAM Rebrands for the Future

According to the recently published Royal Australian Mint annual report for 2021/22, the circulating coin, collectible and investment business lines achieved revenue of A$182 million and a surplus of A$23 million after tax, which resulted in a 33% RONA.

Mints Studies, Reports

David Tidmarsh

29 Nov. 2022

2 min read

Record Year for The Royal Mint

The Royal Mint announced a 27.3% increase in sales to £1.4 billion and pre-tax profit of £18 million for the year ending 31 March 2022, an increase of 45% over the previous year, largely due to higher precious metals sales in the UK, US and Europe.

Mints Studies, Reports

Astrid Mitchell

11 Oct. 2022

2 min read

New Egyptian-British Mint on Cards

The Egyptian Cabinet has approved a proposal to conclude a partnership agreement between the Public Treasury, the Egyptian Mint Authority, and the UK’s Royal Mint to establish a British-Egyptian mint in the Suez Canal economic zone.

Mints

Astrid Mitchell

4 Oct. 2022

2 min read

New Mint Planned for Egypt

The Egyptian Cabinet has approved a proposal to conclude a partnership agreement between the Public Treasury, the Egyptian Mint Authority, and the UK’s Royal Mint to establish a new British-Egyptian mint.

Mints

Astrid Mitchell

1 June 2022

2 min read

Year of Pivot Pays Off for Royal Canadian Mint

2021 was a great year for the Royal Canadian Mint (RCM), despite the ongoing effects of the pandemic, with record sales, profits, and a healthy $78.9 returned to the Canadian government, compared with $20 million the previous year.

Mints Studies, Reports

Astrid Mitchell

1 May 2022

2 min read

Mint of Finland Returns to Profit

After several years of losses, the Mint of Finland has reported a significant increase in sales and return to profit for 2021. Consolidated revenue increased by 45% to €83 million, due largely to a good order backlog at the beginning the year.

Mints Studies, Reports

Astrid Mitchell

1 May 2022

3 min read

Royal Mint’s E-Waste Recycling Moves Forward

The UK’s Royal Mint has announced plans to build a new plant in Llantrisant, South Wales, to recover gold from waste electrical and electronic equipment (WEEE).

Mints Sustainability

Astrid Mitchell

27 Jan. 2022

4 min read

US Mint Launches First Quarter Honouring American Women

The United States Mint has launched its American Women Quarters™ Program. In a four-year period from 2022 to 2025, the Mint will honour the works and accomplishments of 20 American women by placing their images on new 25 cent coins.

Circulating Coins Mints

Alex Sadler

27 Jan. 2022

5 min read

Coiniverse – an App to Appeal to the Next Generation of Coin Collectors

Circulation coins may be facing something of a decline, but the collectors (numismatics) market is booming. A couple of years ago, the market was valued at approximately $17.6 billion annually.

Mints Numismatics

Astrid Mitchell

27 Jan. 2022

4 min read

Colombian Mint Award for Innovative Solution to Coin Machining

The Colombian Mint (Fábrica de Moneda) has received an award from the Colombian government for technical innovation, in recognition of the development of a new technique that enabled the continuing production of the country’s two highest denomination coins, despite the breakdown of a key piece of machinery just before the pandemic struck that prevented it being repaired.

Mints Technical Features