Africa’s Only Gold Refinery to Operate at Reduced Capacity
Photographer: Simon Dawson/Bloomberg
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South Africa’s Rand Refinery Ltd., the continent’s only gold refiner and one of the oldest globally, will continue to operate at reduced capacity during a national lockdown to curb the spread of coronavirus.
The Johannesburg-based company was exempted from a national lockdown that begins at midnight on Thursday, Chief Executive Officer Praveen Baijnath said Thursday in an emailed response to questions. While the facility will shut down its smelting plant, it will continue to operate with about 100 workers, Baijnath said. Rand Refinery processes gold for producers including AngloGold Ashanti Ltd. and Gold Fields Ltd., which operate mines throughout Africa.