Finweek English Edition - - INVESTMENT -

Did Rand Re­fin­ery lose its gold? A Sens an­nounce­ment late last week stated that as a re­sult of im­ple­ment­ing new en­ter­prise re­source plan­ning (ERP) soft­ware sys­tem in April last year, it now may have a short­age of some 87 000 ounces of gold! That’s al­most R1.2bn worth and four of the lo­cally-listed gold min­ers have stepped in to lend the re­fin­ery the money for now. But that’s a lot of gold to have pos­si­bly been lost!

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