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South Africa - Rand Refinery - GoldAvenue Encyclopaedia Know More. The Rand Refinery opened in 1921 to refine South Africa''s gold, which had previously been refined in London The refinery, which was rebuilt in the late 1980s, is.
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Customer Selfservice Rand Refinery. 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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