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The Canadian Gold Maple Leaf (GML) is a gold bullion coin that is issued annually by the Government of Canada. It is produced by the Royal Canadian Mint. The Gold Maple Leaf is legal tender with a face value of 50 Canadian dollars. The market value of the metal varies, depending on the spot price of gold.
The final major point in the Canadian gold mining timeline began in 1981 with the discovery of the Hemlo gold deposits in Northern and Northwestern Ontario. During this period, gold was also discovered across all Canadian provinces and territories and gold production from the 1990 to 1997 period averaged more than 150 tonnes a year.
A Big Maple Leaf measures 2.8 centimetres (1.1 in) thick and 50 centimetres (20 in) in diameter and is 999.99/1000 pure. The obverse of the BML shows Queen Elizabeth II as she has appeared on Canadian coinage since 2003, [5] when Susanna Blunt's design became the third iteration of the queen's effigy to appear on coinage (the others were 1965 and 1990).
To skip the detailed analysis on the subject, go directly to 5 Best Canadian Gold Stocks to Buy Right Now. Gold underperformed the broader market from 2010-2019. However, it saw a significant ...
Where does the price of gold stand today? The New York spot price of gold closed Tuesday at just over $2,657 per Troy ounce — the standard for measuring precious metals, which is equivalent to ...
Chesterfield Larder Lake Gold Mining Company 1939-1950 Copperfields Mine: Temagami: 1954-1972 Secondary products included cobalt, gold, nickel, palladium, platinum and silver. David Bell Mine: Hemlo: closed 2013