Rand Refinery

Rand Refinery: frequently asked questions

What is Rand Refinery and what does it produce?

Rand Refinery is a major South African gold refinery that processes gold from South African mines and produces gold bars sold through the international market. It also refines the gold used in South African Krugerrands, which are struck by the South African Mint. The refinery produces a range of gold bars in various weights bearing its hallmark.

Who owns Rand Refinery?

Rand Refinery is owned by a consortium of South African gold mining companies. It is not a state-owned entity. The business has remained under industry ownership rather than government control, with shareholder composition reflecting the South African gold mining industry.

Where is Rand Refinery located?

Rand Refinery is located in South Africa, in the mining and industrial region near Johannesburg. South Africa is a significant gold-producing nation, and this region has historically been a centre of the country's gold-processing industry.

Does Rand Refinery sell gold bars directly to the public?

Rand Refinery operates as a wholesale refiner and does not sell gold bars directly to retail buyers. Its bars reach the public through authorised bullion dealers. If you want to buy a Rand Refinery bar, you would purchase through a recognised dealer rather than approaching the refinery itself.

How can I verify a Rand Refinery gold bar is genuine?

Authentic Rand Refinery bars carry the refinery's assay stamp with weight and fineness markings. Many bars come with accompanying documentation such as an assay certificate. Buying through an established bullion dealer reduces the risk of encountering counterfeit bars, as reputable dealers verify the products they stock.