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Sourcing Services

Rand Refinery has become the refining hub for Africa and beyond. The company only accepts green gold deposits from responsible mining companies.

Gold production from South African gold mines has fallen from over 1000 tonnes in 1971 to 270 tonnes in 2008 and some 40% of the doré it refines is now sourced from outside South Africa from Namibia, Botswana, Mozambique, Tanzania, Ethiopia, Guinea, Ghana and Mali, providing for an annual production of some 400 tonnes.

Gold and silver doré for the refinery business unit is sourced from structured mining operations, small scale miners and producers of secondary gold, on a worldwide basis. Currently, the refinery refines 100% of the newly mined gold and silver in South Africa and 75% of the gold mined in Africa.

The smelter at Rand Refinery recovers precious metals and some base metals from gold and silver bearing by-product material. Material for its smelter is sourced globally.