Royal Canadian Mint, Winnipeg

The Royal Canadian Mint is the mint of Canada and a Crown corporation, operating under the Royal Canadian Mint Act. The shares of the Mint are held in trust for the Crown in right of Canada.

The Mint produces all of Canada's circulation coins, and manufactures circulation coins on behalf of other nations. The Mint also designs and manufactures precious and base metal collector coins; gold, silver, palladium, and platinum bullion coins; medals, as well as medallions and tokens. It further offers gold and silver refinery and assay services.

The Mint serves the public's interest but is also mandated to operate "in anticipation of profit" (i.e., to function in a commercial manner without relying on taxpayer support to fund its operations). Like private-sector companies, the Mint has a board of directors consisting of a chair, the president and CEO of the Mint, and eight other directors.

In March 2012 the Canadian Government decided to cease the production of pennies. The final penny was minted at the RCM's Winnipeg, Manitoba, plant on the morning of May 4, 2012.

In April 2012, the Mint announced it was developing MintChip, a digital currency to allow anonymous transactions backed by the Government of Canada and denominated in a variety of currencies. On January 12, 2016, it was announced that MintChip had been sold to Toronto-based nanoPay.

The Mint produces and markets a family of high-purity gold, silver, palladium, and platinum Maple Leaf bullion coins, wafers, and bars for the investment market as well as gold and silver granules for the jewellery industry and industrial applications. The Mint also provides Canadian and foreign customers with gold and silver processing, including refining, assaying, and secure storage.

Additionally, the Royal Canadian Mint operates a technically advanced refinery in which it refines precious metals from a variety of sources, including primary producers, industry, recyclers, and financial institutions. The mint refines raw gold to 995 fine through the Miller chlorination process. The gold is then cast into anodes for electrolytic purification to 9999 fine using the Wohlwill process.

In May 2007, the mint produced the world's first and only 99.999% pure gold Maple Leaf Bullion (GML) coins. Offered in limited-edition 1-troy-ounce (31 g) gold bullion coins, three series of these special GML coins were produced (2007, 2008, 2009) in addition to the 99.99% pure GML coin, which is produced on demand. A 100 kg version of the 99.999% pure GML coin was produced as a promotional tool and was later sold as a product when interested buyers came forward.