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The Chamber of Mines established the Rand Refinery in 1920 to refine all of the mined gold in South Africa. Since operations commenced, the company has refined roughly 50,000 tons of gold, or about a third of the world's mined gold.

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No - gold mines do not sell finished product. The gold needs to be refined before sale, and in South Africa, this is done by Rand Refinery. Rand Refinery then markets and sells the gold to the London Bullion Market Association in London which in turn has members who sell physical gold to the public.

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In 1999, Rand Refinery began producing 10gm, 50gm and 100gm minted bars for the export market. Rand Refinery acts as agent for selected gold producers in the refining, marketing and sale of their gold production.

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South African Gold Market Introduction. Gold and South Africa are synonymous, and have been since the discovery of the largest gold reefs in the world at Witwatersrand in 1886 and the subsequent gold rush which led to the founding of South Africa's now largest city, Johannesburg, in the province of Gauteng.

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Rand Refinery (Pty) Limited is the largest integrated single-site precious metals refining and smelting complex in the world. It was established in 1920 to refine gold within South Africa which until that time had been refined in London .

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Gauteng Refinery is part of a group of companies which has been active for over 30 years in precious metals beneficiation throughout Africa. It is in the business of recovering and refining gold and silver, and the platinum group metals: platinum, palladium, rhodium, ruthenium, iridium and osmium.

Cape Precious Metals | Precious Metal Refinery

CPM are proud members of the Jewellery Council of South Africa and the Responsible Jewellery Council, and are Chain-of-Custody certified.