Gold Fields Ltd. History
Address:
Telephone: (11) 644 2400
Fax: (11) 484 0626
Website: www.goldfields.co.za
24 St. Andrews Road
Parktown, 2193
Postnet Suite 252
Private Bag X30500
Houghton, 2041
South Africa
Parktown, 2193
Postnet Suite 252
Private Bag X30500
Houghton, 2041
South Africa
Telephone: (11) 644 2400
Fax: (11) 484 0626
Website: www.goldfields.co.za
Public Company
Incorporated: 1887 as the Gold Fields of South Africa Ltd.
Employees: 48,000
Sales: $1.53 billion (2003)
Stock Exchanges: South Africa New York London Paris Brussels Swiss
Ticker Symbol: GFI
NAIC: 212221 Gold Ore Mining
Incorporated: 1887 as the Gold Fields of South Africa Ltd.
Employees: 48,000
Sales: $1.53 billion (2003)
Stock Exchanges: South Africa New York London Paris Brussels Swiss
Ticker Symbol: GFI
NAIC: 212221 Gold Ore Mining
Company Perspectives:
Our vision is to be the leading, value-adding, globally diversified, precious metals producer through the responsible, sustainable, and innovative development of quality assets.
Key Dates:
- 1887:
- Gold Fields of South Africa is formed by Cecil Rhodes and Charles Rudd.
- 1895:
- George and Leopold Albu create the General Mining and Finance Corp.
- 1897:
- The predecessor to Union Corp. is created by Adolf Goertz.
- 1932:
- West Witwatersrand Areas Ltd. is formed to work the West Wits Line.
- 1965:
- General Mining merges with Federale Mynbou.
- 1971:
- West Wits takes over all of Gold Fields of South Africa's assets as well as its name.
- 1980:
- Gencor Ltd. is born out of the merger between General Mining and Finance Corporation and Union Corporation.
- 1998:
- Gold Fields of South Africa and Gencor merge to form Gold Fields Ltd.
- 2003:
- The company enacts its first Black Economic Empowerment transaction to fulfill the new Mining Charter.
Company History:
Further Reading:
- "All That Glitters: Gencor," Economist, March 9, 1996.
- Benjamin, Paul, "Mining Stands on the Brink of New Era," Business Day, September 20, 1996.
- Beresford, Belinda, "Gencor to Separate Gold, Other Interests," Business Day, June 2, 1997.
- "Business: Panned," Economist, February 7, 1998, p. 65.
- Cartwright, A.P., Gold Paved the Way: The Story of the Gold Fields Group of Companies, London: Macmillan, 1967.
- Consolidated Gold Fields, London: Counter Information Services, 1973.
- Consolidated Gold Fields PLC: Partner in Apartheid, London: Counter Information Services, 1986.
- Dhliwayo, Dominic, "Mega Aluminum Smelter for Maputo?" African Business, January 1997, pp. 27-28.
- "Empowerment Deal for Gold Fields," Mining Journal, June 13, 2003, p. 393.
- Freimond, Chris, "Rob Angel--Driving Engen," Executive, May 1990.
- "Gencor to Shed Base Metals and Buy Australian Nickel," New York Times, June 19, 1997.
- "Gold Fields Looks to Expand Abroad," Platt's Metals Week, November 24, 2003, p. 4.
- Green, Timothy, The New World of Gold, New York: Walker and Co., 1981.
- Johnson, Paul, Consolidated Gold Fields: A Centenary Portrait, London: Weidenfeld & Nicolson, 1987.
- Jones, J.D.F., Through Fortress and Rock: The Story of Gencor 1895-1995, Johannesburg: J. Ball, 1996.
- Kilalea, Des, "Gencor Looks Ahead," Finance Week, April 27-May 3, 1989.
- McKay, David, "Gencor, Australian Firm in Indonesian Deal," Business Day, October 23, 1996.
- ------, "Gencor to Revise Mozambique Plan," Business Day, February 26, 1997.
- McNulty, Andrew, "Man of the Year--Gencor's Derek Keys," Financial Mail, December 25, 1987.
- Ross, Priscilla, "Implats' Impasse," African Business, June 1996, p. 22.
- ------, "Birth of a New Giant," African Business, April 1998, p. 14.
- Ryan, Brendan, "GFSA-Gencor Gold Merger," Financial Mail, October 17, 1997, p. 32.
- Scudder, Brian, "Tiny Shouts, But Nobody Listens," African Business, January 1996, p. 23.
- "South African Conglomerates: The Unbundling Begins," Economist, May 15, 1993.
- "South African Gold: A New Vein," Economist, September 27, 1997.
- "South African Gold Giants to Combine," New York Times, October 11, 1997, p. D14.
- "Unbundling: Restructuring the Corporate Scene," Barron's, October 11, 1993, p. 72.
Source: International Directory of Company Histories, Vol.62. St. James Press, 2004.