Rand Refinery — South African gold bars and Krugerrand coins

Rand Refinery — a century of African gold

Rand Refinery was established in 1920 in Germiston near Johannesburg to refine gold from the mines of the Witwatersrand — the richest gold deposit in history. For decades it was the largest gold refinery in the world on a single site, and a significant share of all the gold ever mined by man has passed through its furnaces. The refinery holds LBMA Good Delivery accreditation and remains a key link in the global metals market.

Rand Refinery's best known "product" is the gold of the Krugerrand: since 1967 the refinery has supplied the metal and semi-finished blanks for striking the world's first modern bullion coin, produced in cooperation with the South African Mint.

The African Elephant — the Rand Refinery bar series

The refinery's own retail line is the African Elephant (Loxodonta Africana) series — bars in gold at 999.9 fineness with a relief of the African elephant, available in 10 g, 20 g, 50 g, 100 g and 1 oz. The bars combine LBMA Good Delivery status with recognisable African design — one of the few design series among bars, alongside the PAMP Fortuna and the Royal Mint Britannia.

What sets Rand Refinery products apart

• a hundred years of history and the position of one of the largest refineries in the world,
• LBMA Good Delivery accreditation — full recognition among dealers,
• a direct link with the Krugerrand, the best known bullion coin,
• a design bar series in weights from 10 g to 100 g and 1 oz.

The range at GoldInvest24

Rand Refinery products are in the Krugerrand and gold bars categories, and across the weights of the African Elephant series. We also run a gold and silver buy-back.

FAQ — Rand Refinery

What is Rand Refinery?

A South African gold refinery in Germiston near Johannesburg, operating since 1920 and one of the largest gold refineries in the world. It holds LBMA Good Delivery accreditation.

What is the connection between Rand Refinery and the Krugerrand?

Since 1967 the refinery has supplied the gold and semi-finished blanks for striking the Krugerrand — the world's first modern bullion coin — produced in cooperation with the South African Mint.

What is an African Elephant bar?

A bar in gold at 999.9 fineness with a relief of the African elephant, from Rand Refinery's own retail line (Loxodonta Africana), available in 10 g, 20 g, 50 g, 100 g and 1 oz.

Are Rand Refinery bars easy to resell?

Yes — LBMA Good Delivery accreditation and the refinery's century-old reputation mean its products are recognised by dealers worldwide. We run a gold and silver buy-back; valuation is based on the current spot price and metal content.

Where can I buy Rand Refinery products?

From a specialist precious metals dealer. At GoldInvest24 you will find African Elephant bars and gold Krugerrands with insured shipping and discreet packaging. Current prices are linked to the live gold price.