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 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.https://www.randrefinery.com/