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Refining Services
Rand Refinery, one of the largest gold refineries in the world, currently refines 100% of the newly mined gold
and silver in South Africa and 75% of all the gold mined in Africa.
Rand Refinery continually invests in improving its technology to enhance the capabilities of its processes and
this effort has paid off in improved operational efficiencies. This includes its ability to accept a wide range
of materials and provide a low cost service.
Refining
Recent improvements include the installation of new furnaces in its
evaluation unit to enhance its capability to accept gold and silver
doré.
A custom made glass-lined reactor has been installed in the refinery which allows it to continuously extract
Platinum Group Metals (PGMs) in concentrate form during the gold
refining process.
The refinery, which provides a same day refining service, employs the widely used
Miller Chlorination Process
to upgrade the gold
bullion it receives from mines to at least 99.50%
fine gold,
the minimum standard required for gold sold on the world bullion markets. It also employees the world’s
leading silver refining technology. To further refine gold and silver to 99.99% the cost-effective
once-through
Wohlwill electrolytic refining process is used.
The refinery continually investigates refining technology developments that could make its operations more
efficient and cost effective.
Fabrication
The Fabrication unit is part of Rand Refinery’s strategy of diversification of revenue streams by
adding value to the gold leaving the site.
Semi-finished products include casting
granules,
gold carated
alloys, dental alloys, solder products, wire, sheet, coin
blanks,
bangle and
ferrules.
The manufacture of
cast bars of 1kg and less also forms part of the fabrication
area. Krugerrand blanks are produced which are then minted by the SA Mint and
distributed by Rand Refinery to its network of coin dealers.
For further detail on the products fabricated by Rand Refinery, see the Products section in the menu.
Competitive edge
The refinery prides itself on its very quick turn around time. If gold bullion is received by the refinery
before 10h00 CAT, Rand Refinery makes every effort to pay the depositor on the same day. It also fast tracks
deposits through its smelter should a customer require this service.