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All Change at the Royal Australian Mint

Titled ‘Change’, the Royal Australian Mint’s 2023 annual report is aptly named for an organisation that experienced multiple significant changes over the course of last year, including the introduction of the new royal effigy on its circulating coins and the extensive renovation of its visitor centre.

Companies - October 31, 2024 12:01 a.m.

CIT Monopoly in New Zealand Risks Repeat of Problems in Australia

New Zealand’s Commerce Commission has cleared the way for Evergreen NZ Holdings to acquire 100% of the shares of ACM New Zealand. Evergreen already owns Armourguard, the country’s dominant supplier of CIT and related service, and the acquisition of ACM from its parent Linfox Armaguard will create a monopoly.

Free - October 31, 2024 midnight

De La Rue Authentication Sale Secures Finances and Future

De La Rue has announced that it will sell its Authentication Division to Crane NXT for a cash consideration representing an enterprise value of £300 million. The sale will enable it to pay off a revolving credit facility due for repayment next July and significantly reduce the deficit in its legacy defined pension benefit scheme, leaving it focus on its core currency business.

Companies - October 31, 2024 midnight

CBPM’s Green Alternatives for Thread Production

China Banknote Printing and Minting (CBPM) has been implementing a series of clean production and carbon reduction measures in the production of raw materials such as paper, thread, and ink, such as using-toxicity auxiliary materials and reducing pollutants, in order to make the production of the renminbi and other currencies more environmentally friendly.

Sustainability - October 31, 2024 midnight

And the Happy Winners Are …

In last month’s issue of Currency News, we provided details of Oberthur Fiduciaire’s new house note series, on the theme of the Art of Butterflies, comprising five different designs and five different security threads printed on one sheet.

Companies - October 31, 2024 midnight

Tenders and Contract Awards

In this new periodic feature for Currency News™ we report on the latest tenders and contract awards for banknotes, coins and related services.

Companies - October 31, 2024 midnight

Will the Swan Really Sing?

On 3 October, the Argentinean media went wild announcing that Milei’s never- a-dull-moment government would be restructuring and, possibly closing, the Argentine Mint (Casa de Moneda República Argentina – CAMOAR).

Companies - October 31, 2024 midnight

Orell Füssli’s New Environmental Evaluation Software: BEES®

At the Global Currency Forum, Daniel Schwarzbach, Innovation Director at Orell Füssli Security Printing (OFS), unveiled the company’s new tool for measuring the environmental impact of banknotes – BEES® (Banknote Environmental Evaluation Software), which it believes is the first design-oriented LCA (Life Cycle Assessment) tool not just for banknotes, but for any sector.

Technology - October 31, 2024 midnight

Made of Money – Literally

The saying ‘made of money’ is often used as an idiom to describe wealthy people. In the case of De La Rue, its interpretation of the term under its new #madeofmoney campaign is literal – namely, consumer items that are made out of recycled polymer banknote waste.

Companies - October 31, 2024 midnight