Mark McGowan has backed the board of the Perth Mint amid reports its owner was operating without the necessary registration, putting the matter down to an “administrative failing”.
Jason Waters will be chief executive at The Perth Mint after the departure of Richard Hayes, while Ralph Addis will leave his role at a government department to lead Lotterywest.
Our weekly appointments wrap includes Christian Miocevich, Penelope Ford, Michelle Harries, Sarah Oliver, Cillian Stockdale, Matthew Holgate and Brad Wearn.
Perth software company Blockhead Technologies has partnered with Sydney-based ABC Refinery to launch a system for tracking precious metals and detecting tampering.
There are five major commodities mined in WA that have substantial downstream processing. Credit for most of the value adding can be attributed to investment decisions taken decades ago, as Mark Beyer reports.
The London-based exchange that sets standards for the global gold industry has commenced a review of The Perth Mint following reports the WA government-owned business was buying gold from unethical miners.
UPDATED: The Perth Mint has launched a review of its audit practices after reports the WA government-owned gold refiner failed to apply appropriate checks on its customers, notably unethical gold miners in Papua New Guinea.
The Perth Mint's gold, silver and platinum holdings stored on behalf of clients have reached $5 billion in value, with the mint citing a flight to safety by investors as a result of the coronavirus outbreak.
Sydney-based ABC Refinery has poached three senior Perth Mint employees to join its treasury and trading team as it ramps-up its competition with the government-owned business.
Contact information for nearly 1,500 visitors to The Perth Mint has been stolen through a data breach of West Perth-based market research company Metrix Consulting.
Click through to read Business News's annual list of WA's 20 biggest exporters, with data on companies such as Chevron, Roy Hill, Gold Corporation and Glencore.
The Perth Mint has today announced the launch of a gold token, partnering with fintech startup InfiniGold to launch the world's first gold token guaranteed by a sovereign entity.
The Perth Mint has created the largest ever coin to celebrate the official launch of its Physical Gold Exchange Traded Fund on the New York Stock Exchange last night.
The Perth Mint is injecting some fun into the world of bullion investing by releasing a new range of collectable coins featuring none other than The Simpsons.
The Perth Mint, Go West Tours and Newmont Mining have teamed up to showcase the state's gold production process as a new guided day tour, unveiled by the Premier Mark McGowan this morning.
State government-owned gold refiner Gold Corporation has had its longstanding national monopoly broken, with the accreditation of Sydney-based ABC Refinery by the London Bullion Market Association.
A group of determined local business people have come together for the first time in Perth's history to create a museum dedicated to the city's past and present.
After a decade of strong population and economic growth, debate continues as to the best ways to fund the state's future infrastructure needs. Business News has compiled a list of the biggest state government assets that could be sold in future to fund infrastructure.
The state government has appointed Donald Mackay-Coghill as chairman of Gold Corporation and Richard Hayes as chief executive, effective from next month.
The Perth Mint is set to spend $16 million to expand its manufacturing facilities, in response to increasing demand for bullion and precious metal blanks, which are used to make coins.
