Rand Refinery
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Rand Refinery Limited is the largest single-site gold refining and smelting complex in the world.
It was established in 1920 in Germiston, South Africa, by the Chamber of Mines of South Africa to refine all the gold produced by South Africa's gold mines. Building of the facilities commenced in August 1920.[1] Since its inception it has refined in excess of 40,000 tonnes of gold. This represents some 30% of all the gold mined in the world since antiquity.
In recent years, Rand Refinery has evolved from a pure refiner of doré to a more rounded company with an emphasis on beneficiation. It facilitates a wide range of value-added products including:
- cast bars
- minted bars
- minted coins
- coin blanks and medallions
- semi-fabricated products for the jewellery manufacturing industry
- dental products
It is the sole distributor of the world famous Krugerrand.[citation needed]
In addition to its smelting and refining services Rand Refinery offers metallurgical, logistics and vault services. It acts as an agent for its precious metal depositing customers and its global markets business unit markets all the precious metal produced by the refinery.
[edit] References
- ^ "The Design and Layout of the Rand Gold Refinery". The S.A. Mining and Engineering journal (Johannesburg) XXXIII (1608): 1557. 22 July 1922. http://www.archive.org/stream/p1saminingengine33joha#page/1557/mode/1up.
[edit] External links
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