The Perth Mint Refinery Brochure

How we serve
global precious
metals producers

A world leader
in precious metals

To ensure precious metals producers remain competitive in rapidly
changing global markets, The Perth Mint provides a continually
expanding range of cutting-edge services and products.

Our commitment to supporting the industry has helped us become
one of the largest and most efficient fully integrated precious metals
enterprises in the world.

It’s at our state-of-the-art refinery where our trusted and comprehensive
service begins. Here our staff equipped with technical and analytical
expertise manufacture products for distribution to more than
130 countries annually.

Our key international markets include China, India, the Middle East,
North America and Europe.

We have been trusted as a partner to the Australian
gold mining industry for more than 120 years.

UNIQUE STRUCTURE AND GUARANTEE

The relationship we have forged with miners, investors and a breadth of customers is at the heart of our global
success. Thanks to a fully integrated structure, these relationships span the entire spectrum of the precious
metals value chain as outlined in the diagram below:

The Perth Mint’s unique integrated structure

Services Investment Solutions Collectables Attractions

Refinery Physical products Numismatic coins Multi-award winning
Assay (Bullion bars and coins, cast bars) visitor experience
Treasury Extremely limited
Marketing and Depository edition collectables Perth’s premier
distribution Exchange traded products jewellery destination

GoldPass® digital app

Another feature that makes us unique in the • Offer funding cost savings thanks to the
world of precious metals is our comprehensive Government of Western Australia’s extremely
government guarantee. The Government of strong credit rating, while removing reliance on
Western Australia, our sole owner, guarantees all banks to finance metal in process.
our operations, undertakings and obligations
under the Gold Corporation Act 1987. This provides • Provide cash flow certainty, which is invaluable to
clients with peace of mind and certainty gained our clients.
from the knowledge that a highly rated sovereign
entity is fully underwriting all our offerings. Underpinning our suite of products and services is
our 120-year history in precious metals management
For our producer clients this means we can: and process integrity, alongside our best practice risk
management, governance and audit procedures.
• Ensure your metal is fully protected against loss
under the provisions of the guarantee.

World-class
refinery service

Each year our refinery processes more than 85% of Our expertise, structure and dedicated customer
Australia’s newly mined gold, which equates to more focus provides:
than 10% of the world’s gold production, with gold
and silver refining capacities in excess of 800 tonnes • Competitive pricing by virtue of economies of scale
and 1,000 tonnes per annum respectively. and low funding costs.

Additionally we are Australia’s only gold and silver • Trusted service with fast and accurate outturns.
refiner, weight master and assayer, with accreditations
from all five of the world’s major gold exchanges: • A custom-built laboratory with leading assay
technology and processing capability, allowing us
• London Bullion Market Association (LBMA) to handle a wide range of feed types and purities.

• New York Commodity Exchange (COMEX) • Experienced and responsive staff equipped to
address expert advice and innovative solutions to
• Shanghai Gold Exchange (SGE) combat doré smelting, assaying or purity issues.

• Tokyo Commodity Exchange (TOCOM)

• Dubai Multi Commodities Centre (DMCC)

As part of an elite group of refiners worldwide who
are trusted to meet the highest of standards, we are
committed to sourcing socially and environmentally
responsible gold and silver doré.

Our reputation ensures global mining companies
entrust us to refine their metal to the highest levels
of purity, knowing we abide by the most rigorous
environmental and safety standards throughout the
entire process.

The certification we hold under the LBMA
Responsible Gold Program proves our commitment
to uphold the ethical gold and silver guidelines and
standards set by the Organisation for Economic
Co-operation and Development (OECD), the World
Gold Council and Responsible Minerals Assurance
Process (formerly the Conflict-Free Smelter Program).

PROCESS TECHNOLOGY Electrolytic gold refining
Electrolytic silver refining
We employ four main refining processes, the
combination of which ensures the most cost-
effective treatment of high and low-grade gold and
silver sourced from the mining, manufacturing,
industrial and jewellery sectors. These are:

• Miller chlorination
• Electrolytic gold refining
• Aqua regia digest refining
• Electrolytic silver refining

ASSAYING SERVICES

Our specialised laboratory utilises the latest
technology to offer quality assaying services with the
highest standard of bullion analysis.

The advanced facility is expertly resourced with a
team of highly trained chemists and technicians.
Our specialists pride themselves on delivering fast,
flexible and responsive service while providing
consistent, reliable and accurate results.

The experienced team offers services such as:

• Bullion assaying
• ICP base metal scans on doré

(instrumental analysis)
• High purity precious metals
• Concentrates and slag analysis
• Onsite consultation to assist in technique

development and troubleshooting solutions

The Perth Mint offers state-of-the-art Assaying
assay and technical services to gold
producers with a 24-hour turnaround
time and 0.001% accuracy of analysis.

Treasury PROMOTING AND
services MEETING GLOBAL DEMAND
– INVESTMENT AND
Comprising experienced traders DEPOSITORY PRODUCTS
alongside sales and logistics
professionals who have long-standing We offer a comprehensive suite of investment
relationships with leading industry solutions with the aim of making precious metals
professionals, our treasury specialists appealing and accessible to diverse international
offer value-added solutions such as: markets. In our central bank grade vaults we
safeguard wealth worth in excess of AUD 6 billion for
• Purchase of gold and silver at clients ranging from individuals, trusts and pension
competitive prices by virtue of funds through to financial institutions, central banks
access to vast global liquidity. and sovereign wealth funds.

• Direct distribution of physical SMARTPHONE APP
gold to global markets.
GOLDPASS®
• Forward pricing facilities and
funding strategies. GoldPass® is a full service investment app that allows
users to buy, store, sell and transfer physical gold via
• Location swaps. a 24/7 trading platform on their smartphone.
• Consignment and leasing facilities.
The physical gold backing each investor’s GoldPass®
holdings is represented in the form of digital
certificates within the app.

perthmint.com/goldpass

EXCHANGE LISTED PRODUCTS ONLINE TRADING PORTAL
The Perth Mint depository provides a 24/7 online
PERTH MINT PHYSICAL trading portal with live pricing for investors to buy,
GOLD EXCHANGE TRADED store and sell gold, silver and platinum.
FUND (NYSE Arca:AAAU) perthmint.com/storage/depository-online

Trading on the New York Stock Exchange (NYSE), AAAU OVER THE PHONE
is unique in the marketplace as the first gold ETF to Modelled on a traditional service with personalised
have the precious metal held on behalf of investors contact, the Depository Program is tailored to
guaranteed by a sovereign entity. investors who wish to operate their gold, silver and
platinum accounts by telephone or email.
Designed to track the international price of gold perthmint.com/storage/depository-program
in US dollars, it is available to Australian investors
through an overseas share trading account.

aaauetf.com

PERTH MINT GOLD BUY AND STORE INDEPENDENTLY
(ASX:PMGOLD) For investors who wish to store physical precious
metals themselves, our bullion range comprises:
Trading on the Australian Securities Exchange (ASX)
under the code PMGOLD, Perth Mint Gold is a fully paid • Gold and silver minted bars
warrant on 1/100th of a troy ounce of physical gold. • Gold and silver cast bars
• Gold, silver and platinum bullion coins
Able to be accessed through a standard Australian share
trading account, PMGOLD is structured to track the Bullion products can be ordered online or by phone
international spot price of gold in Australian dollars. for secure delivery to an approved location of the
investor’s choice. Alternatively they can be purchased
perthmint.com/storage/perth-mint-gold-asx over the counter in our bullion trading room.

perthmintbullion.com

For further information on our refinery
services and competitive quotes, contact:
Perth Mint Refinery
131 Horrie Miller Drive
Perth Airport
Western Australia, 6105
Telephone: (08) 9479 9999
[email protected]

Updated September 2020