Gold and silver sales have exploded past the $1-billion mark at the federal mint, with spooked global investors snapping up the precious metals as a hedge in uncertain times. The astounding 266% increase in bullion and refinery revenues, to $1.04 billion from $283.9-million in 2007, is revealed in the Royal Canadian Mint's 2008 annual report, only recently tabled in Parliament after a year-long delay caused by an investigation into $15-million in missing gold. (more)
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