How do I register to become a depositing customer of RRL?

• I have a client overseas who would like to deposit material.
  
  
  • RRL will only contemplate refining and smelting transactions with clients from countries which do not appear on the United Nations ‘unfavorable’ listing
    
  • RRL only transacts on a principal-to-principal basis and does not transact through intermediaries
    
  • RRL will only be interested in an agreement with the OWNER of the gold and no intermediaries.
    
  • To gain a bit more information with regard to the material to be deposited, RRL will require the below information, which can be sent to RRL’s Sourcing Manager
    (see Contact Us for details): -
    
    
  • Location of the company
    
  • Country of origin.
    
  • Type of material (e.g. gold bullion, alluvial gold, electronic scrap, borax slags, flue/fan dust etc.)
    
  • Expected assays/contents for all elements or compounds (full chemical analysis preferred, but if they don’t have that then an estimate on the gold and silver assay.)
    
  • Possible presence of hazardous elements (eg. Mercury, Arsenic, Cadmium etc. etc.)
    
  • Average size of shipments (and expected annual volume).
    
  • Frequency of shipments



• I am locally-based and would like to deposit material for refining
  
  
• RRL is a gold and silver refiner only and does not accept any Platinum Group Metals-based materials
  
• The registration process would depend on the type of customer requirements.
• To deposit material for refining or smelting, RRL will require the below information, which can be sent to RRL’s Sourcing Manager (see Contact Us for details): -
  
  
  • Type of material.
    
  • Expected assays/contents for all elements or compounds (full chemical analysis preferred, but if not available then an estimate on the gold and silver assay.)
    
  • Possible presence of hazardous elements (eg. Mercury, Arsenic, Cadmium etc. etc.)Average size of shipments (and expected annual volume).Frequency of shipments.
    
  • The owner of the gold must have a registered company (an individual can not register in a private capacity).
    
  • Require proof of company registration.
    
  • Require proof of legal ownership of the material.
    
  • Moisture content of the material (if applicable)
    
  • Proof of legal ownership of the material
    
  • The potential depositing customer must be in possession of valid and current applicable permits i.e. Works Recovery License, Jewellers Permit, etc.
    
  • The refining/smelting fees will be based on the material type, gold/silver content and volume of material deposited

• I have an international client who would like to buy gold.
  
  
  • RRL only transacts on a principal-to-principal basis and does not transact through intermediaries.
  • RRL 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 London Bullion Market Association (LBMA) for the sale and distribution of their products
  • Should RRL not be in a position to assist with your needs, please contact any of the above Members on www.lbma.org
    
    
• I would like to buy gold / silver locally
  (visit Retail Sales for a pricing list which is updated daily).
  
  
• You may only purchase gold or silver if you have a valid Jewellers’ Permit/Works Recovery license.
• The minimum order quantity is 50gm per product
• Before new customers can purchase from our retail range of value-added products, an Application to Trade form (electronic copy available under Downloads) is to be completed and returned with the relevant documents for security screening.

• RRL distributes its Krugerrand range of coins through authorised and approved coin dealers. Click here to access the contact details of most frequently traded local coin dealers on this web site.
• The minimum purchase order quantity for sales to coin dealers is 50 pieces per order.
• The price for Krugerrands is based on the gold content of the coin, plus a small premium to cover manufacturing and distribution costs
• Krugerrands are not subject to VAT due its legal tender status.
• RRL also supply Krugerrands to the manufacturing jewellery industry in quantities of less than 50 pieces for the manufacturing of coin jewellery   
• Any new customer would be required to complete RRL’s Application to trade form for approval to transact with RRL.
• Krugerrand coins can be purchased internationally through the primary distributors in Germany, United Kingdom and United States of America.
• Click here to check the list of coin dealers worldwide on our website

• Depending on the nature of the project, there is a wide variety of material available on this site. Information on the mining industry generally can also be found on the website of the Chamber of Mines of South Africa and those of our shareholders – click here for links to other relevant websites.

• No the Krugerrand does not have a face value.  The value of the coin is based on the fine gold content as priced twice daily on the London market.

• Krugerrands are available at a variety of Coin Dealers in South Africa (click here for a list of coin dealers, brokers and stockists) and can be purchased and taken out of the country without any problems.
• Gold bars are categorised as unwrought gold under the South African Precious Metals Act (visit www.dme.gov.za for more info on this legislation) and can therefore not be purchased in South Africa.

• No, RRL is a gold and silver refinery.  You would need to contact Impala Refining Services for info on PGMs.

Rand Refinery Limited is required to adequately apply FICA requirements throughout all its transactions, especially as this relates to the potential of money laundering using precious metals as a conduit. As a result:

• no cash, credit cards, cheques or bank guaranteed cheques will be accepted.
• no cash deposits directly placed into our account will be accepted, only inter account transfers.
• only Electronic Fund Transfers (EFT’s) into our account will be accepted as payment.

• No, RRL does not give any discounts.

• At the moment, it does not cater for storage facility for coins.

• Due to the high value of the product refined at RRL, access is restricted to existing customers, potential new customers and VIP government officials.

• RRL can arrange for a quotation through its supplier (or the customer can contact Gold Reef City Mint (GRCM) directly, if they require a non-RRL specific bar – (www.goldreefcity.co.za)

• Yes, this is possible. To have this facility activated, you need to contact our Webmaster, webmaster@gold.co.za who will take you through the registration procedure.