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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.
Canada is the 4th largest producer of gold in the world, only behind China, Australia, and Russia. [6] 2.2% of the world's total gold reserves belong to Canada. [2] Canada mainly trades gold with the United Kingdom. In 2021, 47% of exported Canadian gold went to the United Kingdom. [2]
This list of gold mines in Canada is subsidiary to the list of mines article and lists working, defunct and future mines in the country. For practical purposes, defunct and future mines are demarcated in italics and bold respectively. Asterisks (*) note mines which produce(d) gold as a secondary product..
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).
Agnico Eagle Mines Limited is a Canadian-based gold producer with operations in Canada, Finland, Australia and Mexico and exploration and development activities extending to the United States. Agnico Eagle has full exposure to higher gold prices consistent with its policy of no-forward gold sales. It has paid a cash dividend every year since 1983.
The Red Lake mine is a Canadian gold mine located in northwestern Ontario at Red Lake. [1] It was one of the largest gold mines in Canada and in the world. [1] The mine had estimated reserves of 3.23 million oz of gold in 2013. [1]
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