Gold.com Acquires Remaining 55.1% of Sunshine Minting, Boosts Weekly Capacity to 3M Ounces
Gold.com has acquired the remaining 55.1% stake in Sunshine Minting, bringing total minting capacity to over three million ounces of finished precious metals per week and adding Liberty Refining under its Minting & Refining Division. The deal integrates state-of-the-art facilities in Nevada, Idaho and Shanghai to secure bullion supply during peak demand and deepen ties with the United States Mint and global sovereign mints.
1. Acquisition Details
Gold.com completed an all-cash acquisition of the remaining 55.1% ownership stake in Sunshine Minting, a leading manufacturer of precious metal blanks, coins and medallions. This transaction follows Gold.com’s initial 31.1% investment in 2020 and subsequent increase to 44.9% in 2021, consolidating full control of Sunshine Minting’s operations.
2. Capacity Expansion
The combined Sunshine Minting and Silver Towne Mint network now exceeds three million ounces of finished precious metals production per week across facilities in Henderson, NV; Hayden, ID; and Shanghai, China. This expanded capacity secures bullion supply during demand spikes and enhances the company’s ability to develop differentiated products.
3. Leadership and Divisional Structure
Jamie Meadows, President of Silver Towne Mint, will lead the newly formed Minting & Refining Division as CEO while retaining his STM presidency. Sunshine Minting CEO Tom Power will serve as special advisor, and key operations executives Jason Trubey and Brent McCormick will continue in their COO roles to ensure operational stability.
4. Strategic Implications
By fully integrating Sunshine Minting and Liberty Refining, Gold.com strengthens its vertically integrated platform, enhancing supply chain control and cost efficiency. The acquisition deepens relationships with the United States Mint and sovereign mints, positioning Gold.com to capture growing demand in the global precious metals market.