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Gencor
Gencor Ltd was a South African based mining company. It was formed in 1980 after the merger of the General Mining and Finance Corporation and the Union Corporation. Parts of the company are now owned by Gold Fields and BHP. History Gencor has its origins as the General Mining and Finance Corporation (GMFC) formed in Johannesburg in December 1895. It would control the Witwatersrand mining business of George and Leopold Albu. It controlled mines such as Meyer and Charlton, Van Ryn Gold Mines Estate, New Steyn Estate Gold Mine and West Rand Consolidated Mines. After Sir George Werner Albu's death in 1963, a majority interest was purchased by Federale Mynbou Beperk (FEDMYN). This purchase created the first Afrikaner owned mining corporation. In 1968, General Mining launched in a venture, Trek Investments, a South African petrol marketing company. In 1974, General Mining acquired a stake of 29.9% in the Union Corporation after a take-over attempt of the latter by Goldfields of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Union Corporation
Union Corporation Limited was a South African mining house. It was founded as the A Goerz & Co Ltd in the late 1890's as a gold mining company. After World War One, it was renamed the Union Corporation. In 1980 it was merged into the General Mining and Finance Corporation later called Gencor. History It was founded on 29 December 1897 as A Goerz & Co Ltd. It took over the interests of the British registered company founded by Adolf Goerz in 1893. It had purchased 326 claims on the Witwatersrand gold fields. In 1902 the company listed on the London Stock Exchange after a share offering was taken up by British and French investors. In 1908 it had opened gold mines on the Far East Rand and by 1914 it had financed the Modderfontein Deep Levels mine. The company was renamed Union Corporation in 1918. The company owned the East Geduld. In 1947, the construction of the St Helena mine began in the Orange Free State. It discovered the Evander goldfields in 1951, and would open four mines ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New York Times
''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid digital media, digital subscribers. It also is a producer of popular podcasts such as ''The Daily (podcast), The Daily''. Founded in 1851 by Henry Jarvis Raymond and George Jones (publisher), George Jones, it was initially published by Raymond, Jones & Company. The ''Times'' has won List of Pulitzer Prizes awarded to The New York Times, 132 Pulitzer Prizes, the most of any newspaper, and has long been regarded as a national "newspaper of record". For print it is ranked List of newspapers by circulation, 18th in the world by circulation and List of newspapers in the United States, 3rd in the U.S. The paper is owned by the New York Times Company, which is Public company, publicly traded. It has been governed by the Sulzberger family since 189 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mining Companies Of South Africa
Mining is the extraction of valuable minerals or other geological materials from the Earth, usually from an ore body, lode, vein, seam, reef, or placer deposit. The exploitation of these deposits for raw material is based on the economic viability of investing in the equipment, labor, and energy required to extract, refine and transport the materials found at the mine to manufacturers who can use the material. Ores recovered by mining include metals, coal, oil shale, gemstones, limestone, chalk, dimension stone, rock salt, potash, gravel, and clay. Mining is required to obtain most materials that cannot be grown through agricultural processes, or feasibly created artificially in a laboratory or factory. Mining in a wider sense includes extraction of any non-renewable resource such as petroleum, natural gas, or even water. Modern mining processes involve prospecting for ore bodies, analysis of the profit potential of a proposed mine, extraction of the desired materials, and f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mining In South Africa
Mining in South Africa was once the main driving force behind the history and development of Africa's most advanced and richest economy. Large-scale and profitable mining started with the discovery of a diamond on the banks of the Orange River in 1867 by Erasmus Jacobs and the subsequent discovery and exploitation of the Kimberley pipes a few years later. Gold rushes to Pilgrim's Rest and Barberton were precursors to the biggest discovery of all, the Main Reef/Main Reef Leader on Gerhardus Oosthuizen's farm Langlaagte, Portion C, in 1886, the Witwatersrand Gold Rush and the subsequent rapid development of the gold field there, the biggest of them all. Diamond and gold production are now well down from their peaks, though South Africa is still number 5 in gold but remains a cornucopia of mineral riches. It is the world's largest producer of chrome, manganese, platinum, vanadium and vermiculite. It is the second largest producer of ilmenite, palladium, rutile and zirconium. It ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Daily Telegraph
''The Daily Telegraph'', known online and elsewhere as ''The Telegraph'', is a national British daily broadsheet newspaper published in London by Telegraph Media Group and distributed across the United Kingdom and internationally. It was founded by Arthur B. Sleigh in 1855 as ''The Daily Telegraph & Courier''. Considered a newspaper of record over ''The Times'' in the UK in the years up to 1997, ''The Telegraph'' generally has a reputation for high-quality journalism, and has been described as being "one of the world's great titles". The paper's motto, "Was, is, and will be", appears in the editorial pages and has featured in every edition of the newspaper since 19 April 1858. The paper had a circulation of 363,183 in December 2018, descending further until it withdrew from newspaper circulation audits in 2019, having declined almost 80%, from 1.4 million in 1980.United Newspapers PLC and Fleet Holdings PLC', Monopolies and Mergers Commission (1985), pp. 5–16. Its si ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
European Commissioner For Competition
The Commissioner for Competition is the member of the European Commission responsible for competition. The current commissioner is Margrethe Vestager ( ALDE). Responsibilities The portfolio has responsibility for such matters as commercial competition, company mergers, cartels, state aid, and antitrust law. The position became the sole merger authority for the European Economic Area in September 1990. The Competition Commissioner is one of the most powerful positions in the commission, and indeed the world, and is notable in affecting global regulatory practices in a phenomenon known as the Brussels effect. For example, preventing the merger of two US companies, General Electric and Honeywell, in 2001.The Commission prohibits GE's acquisition of Honeywell europa.eu I ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tiny Rowland
Roland Walter "Tiny" Rowland (; 27 November 1917 – 25 July 1998) was a British businessman, corporate raider and the chief executive of the Lonrho conglomerate from 1962 to 1993. He gained fame from a number of high-profile takeover bids, in particular his attempt to take control of Harrods. He was known for his complex business interests in Africa and his closeness to a number of African leaders. Early life He was born Roland Walter Fuhrhop on 27 November 1917 during World War I in a British internment camp for aliens outside Calcutta, India. His mother was Anglo-Dutch and his father, Wilhelm Fuhrhop, was a German export-import trader in Calcutta. Having been born in British India, he acquired automatic British citizenship by the custom of ''jus soli''. However, his parents remained "enemy aliens" for the duration of the First World War, and after the war, the Fuhrhops were refused entry into the United Kingdom. They settled in Hamburg, Germany. He was said to have been nickn ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Impala Platinum
Impala Platinum Holdings Limited or Implats is a South African holding company that owns several companies which operate mines that produce platinum and platinum group metals, as well as nickel, copper and cobalt. Its most significant mine is the Impala mine in the North West province of South Africa. The company also owns or has interest in the Two Rivers mine and the Marula mine in the South Africa Bushveld Igneous Complex and the Mimosa mine and Zimplats in Zimbabwe, as well as the Impala Refining Services which smelts and refines metals for other companies. In December 2019, Impala Canada was formed, owned by the holding company, out of the acquisition of North American Palladium and its mine in Ontario, Canada. History Implats was formed in 1966 as a subsidiary of Union Corporation, which established a platinum mine in Rustenburg with an initial capacity of 100,000 oz per year. It received technical advice from Canadian company Inco, while British bank Hambros pro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lonrho
Lonrho is a London-based conglomerate that was established in 1998 as Lonrho Africa plc. It is engaged in multiple business sectors in Africa, mainly agribusiness, infrastructure, transport, hospitality and support services. History Lonrho traces its roots to the original Lonrho plc (now Lonmin), a company which was incorporated in the United Kingdom on 13 May 1909 as the London and Rhodesian Mining and Land Company Limited. Lonrho plc grew to be one of the world's largest companies, with over 800 subsidiary companies in 80 countries. One previous CEO of Lonrho plc was the controversial Tiny Rowland (1917–1998), a corporate raider who ran the firm from 1962 to 1993. Scholars have noted that while he may have been the "unacceptable face of capitalism", in the words of Edward Heath, Lonrho plc actually worked in tandem with the British government in protecting British business interests in Africa after independence. The current company named Lonrho was formed on 26 Februar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Convertible Bonds
In finance, a convertible bond or convertible note or convertible debt (or a convertible debenture if it has a maturity of greater than 10 years) is a type of bond that the holder can convert into a specified number of shares of common stock in the issuing company or cash of equal value. It is a hybrid security with debt- and equity-like features. It originated in the mid-19th century, and was used by early speculators such as Jacob Little and Daniel Drew to counter market cornering. Convertible bonds are most often issued by companies with a low credit rating and high growth potential. Convertible bonds are also considered debt security because the companies agree to give fixed or floating interest rate as they do in common bonds for the funds of investor. To compensate for having additional value through the option to convert the bond to stock, a convertible bond typically has a coupon rate lower than that of similar, non-convertible debt. The investor receives the potenti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
London Stock Exchange
London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cathedral in the City of London. Since 2007, it has been part of the London Stock Exchange Group (LSEG, that it also lists ()). The LSE was the most-valued stock exchange in Europe from 2003 when records began till Autumn 2022, when the Paris exchange was briefly larger, until the LSE retook its position as Europe’s largest stock exchange 10 days later. History Coffee House The Royal Exchange had been founded by English financier Thomas Gresham and Sir Richard Clough on the model of the Antwerp Bourse. It was opened by Elizabeth I of England in 1571. During the 17th century, stockbrokers were not allowed in the Royal Exchange due to their rude manners. They had to operate from other establishments in the vicinity, notably Jona ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Euronext Amsterdam
Euronext Amsterdam is a stock exchange based in Amsterdam, the Netherlands. Formerly known as the Amsterdam Stock Exchange, it merged on 22 September 2000 with the Brussels Stock Exchange and the Paris Stock Exchange to form Euronext. The registered office of Euronext, itself incorporated in the Netherlands a public limited company ('' naamloze vennootschap''), is also located in the exchange. History The Amsterdam stock exchange is considered the oldest "modern" securities market in the world. It was shortly after the establishment of the Dutch East India Company (VOC) in 1602 when equities began trading on a regular basis as a secondary market to trade its shares. Prior to that, the market existed primarily for the exchange of commodities. It was subsequently renamed the Amsterdam ''Bourse'' and was the first to formally begin trading in securities. The Sephardic Jewish writer Joseph de la Vega's ''Confusion of Confusions'' (1688) is the first full-length work about the stoc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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