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E-book Consolidated Gold Fields in Australia : The Rise and decline of a British Mining House, 1926–1998
A company formed by the young, avowed British imperialist Cecil John Rhodes and his business partner Charles Dunell Rudd, with interests in the diamond mines of the Kimberley and gold mining in the Witwatersrand, became one of the foremost British mining-finance companies in the twentieth century. Emanating from South Africa, the company that Rhodes and Rudd founded, The Gold Fields of South Africa, was registered in London in 1887. In 1892, through aggregation with three other South African mining companies, it became The Consolidated Gold Fields of South Africa, listed on the London Stock Exchange. Apart from its South African and broader international interests, the company, through subsequent forms, associated companies and direct investments, played an influential role in Australia’s mining history. It played a major role in the revitalisation of the Western Australian gold industry in the 1930s and the recommencement of mining operations at an important lead and zinc mine in New South Wales; it also made investments in gold mining in New Guinea and a financial and technical contribution to the formation of Western Mining Corporation in association with members of the Collins House Group of companies. From 1960, a fully owned subsidiary bearing the name Consolidated Gold Fields (Australia) invested widely and provided great promise that it would stand among the major mining companies in Australia. It existed for just short of four decades and made a major contribution to the development of various facets of Australia’s mining sector. It held and facilitated a broad spread of Australian investments, including the Mount Lyell Mining and Railway Company; the Renison tin mining operation; the first iron ore production from the Pilbara, Western Australia; and a dominant position in the Australian mineral sands sector on the east and then on the west coast of the country. In the 1990s, an offshoot of the Gold Fields group—Renison Goldfields Consolidated—was one of the last manifestations of the once-great British mining house formed by Rhodes and Rudd.
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