Viewing entries tagged
gold refinery
We recently spoke with Perth Mint Acting CEO Jane King, to traverse her journey as the first female CEO in the company’s 123 years of operation and discuss her focus on wellbeing, sustainability, diversity and inclusion.
As Acting CEO, Jane’s focus is to keep the business running while seeing the business and our people through this difficult COVID period.
Hang on to your hat and hop aboard one of Australia’s most impressive long-distance trains with British comedian and travel enthusiast Griff Rhys Jones, as he experiences the gold thrills of an adventure through the heart of our nation.
In the first episode, Perth to Kalgoorlie: Find a Sandgroper, Griff explores Western Australia’s earthly riches.
As we celebrate the 160th anniversary of the first Melbourne Cup this year, Australian gold workers from Kirkland Lake Gold and ABC Bullion stand proud, having produced the People’s Cup from Australian gold.
The iconic golden trophy carries with it much more than just the title of winner – it’s an integral part of our country’s fabric, representing Australian tradition, mateship, resilience and our collective spirit.
ABC Refinery is now accredited by the CME Group for its premier gold product, the COMEX ‘GC’ gold futures contract, and sees ABC Refinery bars added to the COMEX good delivery list of brands used to physically settle against the GC gold futures contract in New York.
ABC Refinery is the refining division of the Pallion Group and have been involved in the refining and processing of precious metals in Australia since 1951.
We recently spoke to Nishan Kodituwakku, Deputy Treasurer at ABC Refinery, about his finance journey in Australia’s gold industry and gold’s value in protecting wealth during times of uncertainty.
As the world stands together to combat novel coronavirus 2019 (COVID-19), gold is continuing to support our communities and our economy.
Keeping Australia's gold industry running ensures the precious metal not only supports our economy during these times of hardship, but is available for essential uses in our everyday lives.
Gold produced at Evolution Mining Limited’s Mt Rawdon gold mine in Queensland was used by ABC Refinery, in inner Sydney, to make Australia’s most iconic horse racing trophy - the 2018 Lexus Melbourne Cup.
Now meet the everyday Aussies who made it happen.
To celebrate the launch of Perth’s Heart of Gold Discovery Trail at Elizabeth Quay this Saturday, The Perth Mint is giving trail blazers the opportunity to pan for real gold!
Scattered with real gold nuggets from Ramelius Resources’ Wattle Dam gold mine, the Mint’s interactive dry panning activity will have Perth families and tourists of all ages experience what it was like to search for gold during the gold rushes of the late 1800s.
Most people are familiar with the primary uses of gold; as a currency, in the creation of coins and bars, and as jewellery.
However, gold is also used for medical purposes in the treatment of rheumatoid arthritis and certain cancers; and in modern dentistry and orthodontics. It can be consumed as an indulgence in beverages or as a culinary decoration; and used in electronic devices such as mobile phones, tablets, and televisions, to name a few, as it is a highly efficient conductor that doesn’t corrode, making it extremely reliable.
Concerned consumers, organisations, and governments around the world continue to shine a light on conflict minerals. These tainted commodities are traded by private armed groups for monetary gain to finance civil conflicts and violence which contribute to the violation of human rights. Thus, the quest for ‘responsible’ and ethically sourced minerals is becoming more and more prevalent.
Conflict minerals, which can include gold ore, are smuggled out of countries such as the Democratic Republic of the Congo, and parts of Afghanistan, Columbia, and Zimbabwe, and shipped to smelters around the world for refinement.
The Perth Mint posted record revenue of $4.4 billion and pre-tax profit of $24.9 million for Q1/Q2 of the 2015/16 financial year.
Premier Colin Barnett said the result reflected the significance of the Mint to the State and its future development.
“Gold mining has been at the cornerstone of the State’s advancement for more than a century, and The Perth Mint has always played an integral role in that industry,” Barnett said.
