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Missing Gold at the Royal Canadian Mint

TM-NEWS.gifRoyal Canadian Mint Gold is Missing

Nearly 17,500 ounces of gold, worth approximately $16.4 million dollars seems to be missing from the Royal Canadian Mint. What was initially thought to be an accounting/inventory paperwork error of some kind has now moved one step closer to a possible criminal investigation.

Ministers of the Canadian government have called for immediate action after an independent third-party review indicated the all accounting was in order. Technical reviews of the internal procedures at the mint may follow. Royal Canadian Mounted Police have been called in and the Mint will have to set up an independent review of it’s current security proceedures.

But the question still remains – “Where’s the missing gold?”

For more information check out this Mining Weekly article by Liezel Hill.

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