Core Silver Corp. press release
Trump Orders End to the Production of Copper Coins
CSE - Canadian National Stock Exchange · Silver · Zinc · Lead · Copper · Gold · Molybdenum · Canada
In a bold move to cut government waste, President Trump has ordered the Treasury Department to suspend mintingpennies. Pointing out the skyrocketing costs of production, Trump announced the decision via Truth Social account, stating, "For far too long, the United States has minted pennies which literally cost in excess of 2 cents. This is pure waste! It's time to cut unnecessary spending from our nation's budget, even if it means starting with a single penny."
The decision comes amid concerns over the financial burden posed by penny production. The U.S. Mint says the cost of producing a single penny has risen to almost 4 cents, up from barely 3 cents the...
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