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The Mint tracks down the gold it “lost” last October

No, it wasn’t at the end of a rainbow


 

The Royal Canadian Mint has an explanation for all that gold that went missing from its reserves last October: one part of it never left the mint, while the rest was sold off for a fraction of its value. While the Mint says its 12-page report closes the book on the mysterious disappearance, though it concedes the 3,500 ounces (worth $3 million) it sold as refinery slag to U.S. refiners is gone for good. “At the end of the day, we’ve learned a lot of lessons,” said Mint spokesperson Christine Aquino. The Mint blames the mix-ups on the heavy toll the increased demand for gold has put on its operations. Still, employees aren’t entirely off the hook: the government has suspended the issuing of bonuses to the Mint’s executives as a result of the report.

Ottawa Citizen


 
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The Mint tracks down the gold it “lost” last October

  1. yes we were born yesterday and yes we are barefoot and readin and ritin are not our pastimes! and yes we are virtually all idiots controlled by idiots therefore what ever you say is right

    • Amen to that

  2. Well hopefully the "refinery slag" was just some of the gold-plated tungsten that the US has been selling as gold over the last few years.

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