Consolidated Gold Fields was a British gold-mining company. It was listed on the London Stock Exchange and was a constituent of the FTSE 100 Index until it was acquired by Hanson in 1988.
History
Consolidated Gold Fields of South Africa was founded in 1887 and incorporated in London to fund the newly discovered gold reefs in the Transvaal.[1] By 1900 it had already started to diversify outside South Africa.[1] After 1945 it acquired mines in the United States and Australia.[1] Until the 1970s, it was predominantly a mining finance house receiving income from passive investments. In 1970 A.R.O. Williams O.B.E, who was then Managing Director, retired.