Loading ...Top mint ramps up silver coin output after demand surges
As swathes of the world economy go into lockdown from the U.K. to India, some businesses are ramping up, not down: one of the world’s leading mints is adding shifts to boost production of refined precious metals including silver after worried investors depleted stock.
The Perth Mint — Australia’s largest, which has been in business for more than a century — is diverting production resources into the popular 1 ounce Silver Kangaroo coin to meet a backlog of orders.
An extra 7.5 hour shift has been added. Stocks of cast and minted-bar products have been cleared out.