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Consolidated Gold Fields, a prominent British mining house founded by Cecil Rhodes in 1892, diversified from its South African gold interests to invest widely throughout the 20th century. This included significant investments in the Western Australian gold sector beginning in the 1920s, as well as exploration and mining activities in Australia and New Guinea. In the 1960s, Consolidated Gold Fields Australia (CGFA) emerged with ambitious plans and financial support from London, aiming to become a leading diversified mining company in Australia. The company held investments in the historic Mount Lyell Mining and Railway Company and Renison, and was among the first to develop iron ore deposits in the Pilbara region. It also acquired substantial interests in mineral sands. Although the London parent company ceased operations in 1989 after being taken over by corporate raider Hanson Plc, its Australian subsidiary, renamed Renison Goldfields Consolidated (RGC), continued for another nine years before facing its own corporate challenges due to Hanson. Both CGFA and RGC played significant roles in Australia's post-World War II mining sector. This book chronicles the history of a once-great British mining-finance house and its investments in Australia, highlighting its rich legacy and the circumstances of its decline.
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Consolidated Gold Fields in Australia: The Rise and Decline of a British Mining House, 1926-1998, Robert Porter
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- Pubblicato
- 2020
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