Rand Refinery

Rand Refinery

Established in 1920, the Rand Refinery has a long and storied history. It was originally founded to refine gold from South Africa's prolific Witwatersrand Gold Rush and has grown to become one of the largest and most respected refineries in the world.

The Rand Refinery is one of the world’s largest single-site precious metals refining complexes, playing a pivotal role in producing the majority of Africa’s gold output and a significant portion of the global gold production.

The refinery is renowned for producing the famous Gold Krugerrand coin, one of the earliest and most successful gold bullion coins. Introduced in 1967, the Krugerrand was designed to promote South African gold and has become a popular choice among investors and collectors worldwide. Rand Refinery is known for maintaining high standards of purity and quality in its gold and other precious metal products. The gold processed and produced here is recognized globally for its high quality.

The refinery produces a range of trusted products, including gold bars, bullion coins, and minted products. Its products are highly sought after in both investment and collector markets.

The Rand Refinery was established in 1920 to refine the gold ore that was extracted from the mines. This helped local miners receive a more equitable share of the profits for gold that had previously been sent to London to be refined.

The Rand Refinery is a private company. It is however, established by law that is allowed to manufacture and distribute legal tender coins such as the Krugerrand.

The Krugerrand is one of the most affordable bullion coins available today. They are minted annually with the same design features shared between both the gold and silver Krugerrand 1 oz coins.

The Krugerrand is the original bullion coin for investors and has been popular with investors worldwide for more than 50 years. The design of these coins is considered to be the most recognized anywhere.

Rand Refinery’s products are accredited by major international market exchanges, and the refinery is a member of the London Bullion Market Association (LBMA), ensuring its products meet stringent international standards. The refinery is committed to sustainable and ethical practices in its operations, including responsible sourcing of precious metals. The brand hallmark on the bars stored in the LBMA vaults is described as: RAND REFINERY below circular brandmark of a pouring crucible; and RR on the bottom surface.

https://www.randrefinery.com/