The Royal Canadian Mint earns global industry recognition for a double-sided Extraordinarily High Relief pure silver coin celebrating the Year of the Dragon and its collaboration with McGill University on a more environement

The Royal Canadian Mint has earned global recognition for its coin manufacturing excellence and innovation.

The Mint was recognized for its 2024 $50 Pure Silver Coin - Year of the Dragon and its partnership with McGill University for the development of a more environmentally responsible gold refining process.

The Mint was first recognized for its new technical achievement that enhances the relief of a stunning dragon design to an impressive height of 4.7 mm on the reverse and creates a rear view of the dragon in an equally impressive obverse relief.

This coin, a technical marvel in the coin industry, is the culmination of two years of R&D by the Mint's technical team, to push the boundaries of relief modulation in large-scale coin production.

The 2025 Mint Directors Conference (MDC) is host to the prestigious Coin Awards, recognizing industry achievements in the design, production, packaging, and distribution of commemorative and circulating coins worldwide.

The goal of the Mint's work with McGill University is to transform gold refining by replacing the longstanding Miller Chlorination process, which relies on the injection of chlorine gas to separate impurities from molten gold.

This collaboration has, at a lab scale, resulted in a process that eliminates chlorine gas almost entirely by introducing an acoustic mechanochemical process to catalyze a chemical reaction with a mild reagent. The process, which yields pure gold in soluble form is non-toxic and less energy-intensive, and is safer for people and the environment.

This innovation builds on previous work done by the Mint in 2019 to reduce chlorine use in its gold refining operations. At that time, the Mint introduced acid-less separation technology, that reduced the use of chlorine gas by more than 50% in the Ottawa refinery.

Image and video of the 2024 Pure Silver Coin - Year of the Dragon can be found here.

About the Royal Canadian Mint

The Royal Canadian Mint is the Crown corporation responsible for the minting and distribution of Canada's circulation coins. The Mint is one of the largest and most versatile mints in the world, producing award-winning collector coins, market-leading bullion products, as well as Canada's prestigious military and civilian honours. As an established London and COMEX Good Delivery refiner, the Mint also offers a full spectrum of best-in-class gold and silver refining services. As an organization that strives to take better care of the environment, to cultivate safe and inclusive workplaces and to make a positive impact on the communities where it operates, the Mint integrates environmental, social and governance practices in every aspect of its operations.

For more information on the Mint, its products and services, visit www.mint.ca. Follow the Mint on LinkedIn, Facebook and Instagram.

May 1, 2025 /PRNewswire/ -- The Royal Canadian Mint is delighted to have twice earned global recognition for its coin manufacturing execellence and innovation by winning the Best Commemorative Silver Coin and the Best Collaboration coin awards of the 2025 Mint Directors Conference (MDC).

The Mint was first recognized for its 2024 $50 Pure Silver Coin - Year of the Dragon, a new technical achievement that enhances the relief of a stunning Wood Dragon design to an impressive height of 4.7 mm on the reverse and created a rear view of the dragon in an equally impressive obverse relief.

As well, our partnership with the Department of Chemistry at Montreal's McGill University, to develop a more environmentally responsible gold refining process, was recognized as the global minting industry's best collaboration.

The 2025 MDC is host to the prestigious Coin Awards, recognising industry achievements in the design, production, packaging, and distribution of commemorative and circulating coins worldwide.

"The Royal Canadian Mint is passionate about innovating to keep demonstrating the excellence and artistry of our world-famous coin products, as well as the sustainability of our processes," said Marie Lemay, President and CEO of the Royal Canadian Mint. "To be recognized in two award categories by the Mint Directors Conference judges is a tremendous peer endorsement of our commitment to finding new ways to delight our customers while finding more caring and sustainable ways to continue leading the global minting community."

Designed by Canadian artist Simon Ng, our award-winning pure silver coin celebrates the Year of the Wood Dragon through an elaborate EHR engraving of a dragon, the fifth sign in the Chinese Zodiac. Framed by a laser-engraved pattern that represents the wood element, the dragon is shown moving among the clouds of a night sky illuminated by the moon, its tail coiled to form the shape of lucky number 8. A rear view of that same scene is rendered in EHR on the obverse.

Above the obverse engraving appears the effigy of Queen Elizabeth II by Susanna Blunt, accompanied by a special device of four pearls symbolizing her four different effigies to have graced Canadian coins, as well as the double date of her reign.

The goal of the Mint's work