News

September 2019

What explains the growing global demand for cash?

Asian Development Bank Institute report says "Cash demand tends to grow with a decline in the policy rates and with an advancement of aging".

https://www.adb.org/publications/what-explains-growing-global-demand-cash

 

March 2019

New Access to Cash report says Governments, regulators and banks need to act now or risk leaving millions behind.

 The Review’s action plan to protect cash access calls for:

  • Government and regulators to step in urgently to ensure cash remains viable
  • A “Guarantee to Cash Access” for all, including those in remote and rural areas
  • Those providing essential services to be required to allow consumers to pay by cash
  • A more efficient, effective and resilient wholesale cash infrastructure to ensure that cash remains viable as its use declines.

To download the review, go to the Access to Cash website:

https://www.accesstocash.org.uk/media/1087/final-report-final-web.pdf

 

October 2019

Commemorative coin wins top international awards

Press Release – Reserve Bank of New Zealand

The International Association of Currency Affairs (IACA) has recognised the Reserve Bank of New Zealand by awarding its Armistice Day coin winner of the Best Commemorative Coin and Best Public Education categories.

Announced at the IACA biannual currency conference in Rome, the Excellence in Currency Awards promote and recognise excellence in the industry.

Governor Adrian Orr said “It’s a very proud day and reflects the project team’s hard work. We couldn’t have done it without the support of our many external stakeholders, including the Returned Services Association, New Zealand Defence Force and the Blind Foundation. It is a win for all New Zealanders”.

The coin, released in 2018, marked 100 years since the signing of the Armistice. The Bank issued the Armistice Day coin to commemorate the history, service and sacrifice made by service personnel and their families to bring peace to New Zealand and the world.

The Armistice Day coin design features the official Royal New Zealand Returned Services Association’s red poppy in the middle, surrounded by a free formed remembrance wreath that has incorporated the silver fern and koru as strong New Zealand elements.

The printed silver ferns on the wreath represent the past, present and future and also reflect the three armed forces in New Zealand. The engraved koru pattern represents new beginnings, and the engraved silver fern reflects New Zealand’s national identity.

Source: http://business.scoop.co.nz/2019/10/16/commemorative-coin-wins-top-international-awards/

 

October 2019

IACA’s Excellence in Currency 2019 Coin Awards to be announced in Rome

The finalists are:
Best New Circulating Coin or Coin Series
• Bangko Sentral ng Pilipinas: New Generation Currency Coin Series
Central Bank of Mauritania/La Monnaie de Paris: 20 Ouguiya Tricolor Circulating Coin
United States Mint: “W” Quarter-dollar Circulating Coin

Best New Circulating Coin Related Public Education Program, Website or App
Reserve Bank of New Zealand: Armistice Day Coin Public Awareness Campaign
Bangko Sentral ng Pilipinas: Coin-Ed Program for New Philippine Coins
United States Mint: H.I.P. Pocket Change Website

Best New Coin Product, Feature or Distribution Innovation
The Royal Canadian Mint: Tri-Metal Security Test Token
The Singapore Mint: Coin Visual Inspection Machine
The Singapore Mint: Promotion of Coin Recirculation via Integrated Coin Processing and Management

Best New Commemorative or Test Circulating Coin Issued at Face Value
Reserve Bank of New Zealand: Armistice Day coin
The South African Reserve Bank: Nelson Mandela R5 Commemorative coin
The People’s Bank of China /China Banknote Printing and Minting Corporation: China’s High-speed Railway Commemorative Circulating Coin

 

CAREERS

Looking for a job in the Mint Industry?

Warning: Please note we cannot guarantee the accuracy or safety of third party sites.

Canada

Senior Manager, Business and Financial Operations Winnipeg

Royal Canadian Mint

https://www.mint.ca/store/job/senior-manager-business-and-financial-operations-winnipeg-35100040?cat=Jobs+in+Winnipeg&nodeGroup=About+the+Mint

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USA

Industrial Equipment Maintenance Leader

Production Engineering and Maintenance Branch, Plant and Engineering Section  Production Division, U.S. Mint, at one of the Field Sites.

Job link: https://www.indeed.com/jobs?q=Mint&start=20&vjk=b68f8bd2765c591e

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Electronic Industrial Controls Mechanic

US Mint

San Francisco

Jon link: https://www.indeed.com/jobs?q=Mint&start=20&vjk=fe32883756c096b9

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Metal Forming Machine Operator (Coin Manufacturer)

Department of the Treasury, U.S. Mint

Job link: https://www.usajobs.gov/GetJob/ViewDetails/548582400#how-to-apply

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US MINT Incumbents

ECS is seeking US MINT Incumbents to work in our ECS office, the US Mint HQ and US Mint Regional locations.
 

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Production Machinery Mechanic (Coin Manufacturer)

Denver, CO

Job link: https://www.usajobs.gov/GetJob/ViewDetails/547380800

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If you would like to advertise a Mint Industry job, please get in touch: mint.industry@ramint.gov.au