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Rand Refinery (Pty) Limited is the world's largest integrated single-site precious metals refining and smelting complex. It was established in 1920 to refine gold within South Africa , which had previously been refined in London .
The Krugerrand (/ ˈ k r uː ɡ ə r æ n d /; [1] Afrikaans: [ˈkry.ərˌrant]) is a South African coin, first minted on 3 July 1967 to help market South African gold and produced by Rand Refinery and the South African Mint.
In 1921, the world's largest gold refinery, the Rand Refinery, was established at Germiston. Seventy percent of the western world's gold passes through this refinery. Although gold mining gradually wound down in Germiston, to the point that by the end of the 20th century it was no longer a mining centre, the Rand Refinery remains as busy as ever.
This list of bullion dealers includes notable companies and organizations that deal in precious metals, such as gold and silver. This list is incomplete ; you can help by adding missing items . ( September 2014 )
The Harmony Gold Refinery and Rand Refinery are the only two gold refineries in South Africa. Gold mines in the Free State also supply a substantial portion of the total silver produced in the country, while considerable concentrations of uranium occurring in the gold-bearing conglomerates of the goldfields are extracted as a byproduct.
Randgold Resources was a gold mining business operating mainly in Mali. Headquartered in Jersey , Channel Islands , it was listed on the London and the NASDAQ stock exchanges until it merged with Barrick Gold in December 2018.
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The process was first used on the Rand in 1890 and, despite operational imperfections, led to a boom of investment as larger gold mines were opened up. [ 8 ] [ 5 ] By 1891, Nebraska pharmacist Gilbert S. Peyton had refined the process at his Mercur Mine in Utah, "the first mining plant in the United States to make a commercial success of the ...
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