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Minted Bars

Current legislation prohibits South African citizens from owning gold in an unwrought form - see the Precious Metals Act promulgated by the Department of Minerals and Energy (DME).

In 1999, the refinery began producing 10gm, 50gm and 100gm minted bars for the export market.

The precise scope of the Gold Minted Bars are:

Mass

Fineness

Dimensions (mm)

10 gram

999.9

25.74 x 15.73 x 1.95

50 gram

999.9

44.50 x 25.95 x 2.80

100 gram

999.9

47.73 x 27.78 x 4.60




Other denominations can be quoted for on request.

Rand Refinery Limited acts as agent for selected gold producers in the refining, marketing and sale of their gold production. In so doing, we have liaison arrangements with Members of the LBMA in London for the sale and distribution of gold refined by Rand Refinery into Value Added Products.


Resources:

  • Glossary                                                 click here

  • Frequently Asked Questions - Gold Sales   click here

  • Frequently Asked Questions - Regulations  click here