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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 ...
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Evander, Mpumalanga
Evander is a town in Mpumalanga, South Africa. It is approximately 8 km north west of Secunda. History The town was founded in 1955 when the Union Corporation started its mining activities and was originally part of the Bethal district (named after a town 36 km to the east). The town is named after Evelyn Anderson, the wife of Peter Maltitz Anderson, one of the directors of the corporation. Economy Gold mining The Union Corporation acquired options in the Kinross area, 64 km east of Springs. Mining started in 1955 though their subsidiary Winkelhaak Mines Ltd. The Evander mine is currently operating in its 9th shaft and employs around 3,300 people. These operations, now owned by Harmony Gold, mine the Kimberley Reef in the Evander Basin and produced over 16 000 kg of gold from 2008 to 2010. The ore is milled and processed at Kinross Kinross (, gd, Ceann Rois) is a burgh in Perth and Kinross, Scotland, around south of Perth and around northwest ...
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Peter Maltitz Anderson
Peter Maltitz Anderson (30 September 1879, Heilbron, Orange Free State – 5 November 1954 ) was a South African mining engineer. He was president of the South African Chamber of Mines in 1925, 1930, 1933, 1937 and 1940/1. Union Corporation He was managing director of the Union Corporation Ltd. Personal life He received an honorary Doctorate of Science in Engineering from the University of the Witwatersrand in 1930. He was married to Evelyn Elizabeth Anderson (née Gatheral) and had five children. He named the town of Evander after her. Anderson died in Johannesburg Johannesburg ( , , ; Zulu and xh, eGoli ), colloquially known as Jozi, Joburg, or "The City of Gold", is the largest city in South Africa, classified as a megacity, and is one of the 100 largest urban areas in the world. According to Dem .... References 1879 births 1954 deaths People from Heilbron South African mining engineers 20th-century South African engineers {{SouthAfrica-b ...
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Adolf Goerz
Adolf Goerz (born 18 December 1857 in Mainz Germany d. 28 July 1900 in Giessbach Switzerland) was a German-South African mining engineer. He emigrated to Africa around 1888. He founded Adolf Görz & Co which later became the Union Corporation, which was one of the five original gold mining houses of South Africa South Africa, officially the Republic of South Africa (RSA), is the Southern Africa, southernmost country in Africa. It is bounded to the south by of coastline that stretch along the Atlantic Ocean, South Atlantic and Indian Oceans; to the .... References 1857 births 1900 deaths Engineers from Rhineland-Palatinate South African mining businesspeople German mining engineers South African mining engineers German expatriates in South Africa German expatriates in Switzerland 19th-century German engineers 19th-century South African engineers Businesspeople from Mainz {{mining-stub ...
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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 ...
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St Helena Mine
ST, St, or St. may refer to: Arts and entertainment * Stanza, in poetry * Suicidal Tendencies, an American heavy metal/hardcore punk band * Star Trek, a science-fiction media franchise * Summa Theologica, a compendium of Catholic philosophy and theology by St. Thomas Aquinas * St or St., abbreviation of "State", especially in the name of a college or university Businesses and organizations Transportation * Germania (airline) (IATA airline designator ST) * Maharashtra State Road Transport Corporation, abbreviated as State Transport * Sound Transit, Central Puget Sound Regional Transit Authority, Washington state, US * Springfield Terminal Railway (Vermont) (railroad reporting mark ST) * Suffolk County Transit, or Suffolk Transit, the bus system serving Suffolk County, New York Other businesses and organizations * Statstjänstemannaförbundet, or Swedish Union of Civil Servants, a trade union * The Secret Team, an alleged covert alliance between the CIA and American ind ...
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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 provided fi ...
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Mineral Sands
Heavy mineral sands are a class of ore deposit which is an important source of zirconium, titanium, thorium, tungsten, rare-earth elements, the industrial minerals diamond, sapphire, garnet, and occasionally precious metals or gemstones. Heavy mineral sands are placer deposits formed most usually in beach environments by concentration due to the specific gravity of the mineral grains. It is equally likely that some concentrations of heavy minerals (aside from the usual gold placers) exist within streambeds, but most are of a low grade and are relatively small. Grade and tonnage distribution The grade of a typical heavy mineral sand ore deposit is usually low. Within the 21st century, the lowest cut-off grades of heavy minerals, as a total heavy mineral (THM) concentrate from the bulk sand, in most ore deposits of this type is around 1% heavy minerals, although several are higher grade. Of this total heavy mineral concentrate (THM), the components are typically * Zircon, fro ...
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Richards Bay Minerals
Richards Bay Minerals (RBM) is a South African mining company. RBM's principal product is titanium dioxide in the form of an 85% pure titanium dioxide slag; the company also produces the higher-purity 95% titanium dioxide product rutile as well as pig iron and zircon. The company's principal operations are just north of Richards Bay in KwaZulu-Natal, South Africa, in a 2-kilometer wide by 17-kilometer long strip of mineral-rich sand dunes. The area is known as Zulti North mine lease area and will continue to be mined until 2030. RBM mines the using a dredge mining technique, extracting the titanium-iron ore ilmenite as well as rutile and zircon from the sand. This feedstock is then processed into RBM's product lines at a facility which sorts the various materials and processes them to varying degrees into marketable materials. RBM is controlled by Rio Tinto which owns 74% of it. Blue Horizon Investments (24%) and RBM permanent employees (2%) also have an interest in the mine. ...
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Port Of Richards Bay
The Port of Richards Bay is located in Richards Bay harbour on the Indian Ocean coast of South Africa, and contains the Richards Bay Coal Terminal (RBCT) which is the largest coal export facility in Africa. Although originally built to handle coal exports, the port has become South Africa's premier bulk port, handling other dry bulk in addition to coal, as well as liquid bulk and breakbulk cargoes. It is also South Africa's most modern port. History The idea for a new harbour north of Durban began as far back as 1902 when a Cathcart W. Methen, Harbour Engineer, Durban, conducted a survey and advised the Natal Colony government in 1903, that Richards Bay would be a better choice than St Lucia., The idea was again revised in 1921 when a proposed harbour was investigated by a group of engineers at Kosi or Sodwana Bay's., Sodwana's suitability was again investigated in 1922 by Sir George Buchanan. The two former bays were again investigated in 1923, this time by Jan Smuts. The ide ...
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Henry Strakosch
Sir Henry Strakosch GBE (9 May 1871 – 30 October 1943) was an Austrian-born British banker and businessman. As a Jewish financier, his close ties to Winston Churchill were exploited by Nazi propaganda during the 1930s and World War II, and by Holocaust deniers in later years. Early life His parents were the merchant Edward Strakosch and his wife, Mathilde (née Winters). He was born at Hohenau, Austria, and educated at the Wasa Gymnasium in Vienna and privately in England. Strakosch entered banking in the City of London in 1891, and then began working for the Anglo-Austrian Bank of South Africa in 1895. Strakosch became a naturalized British citizen in 1907. Financial career Strakosch served as a financial adviser to the South African government, and was the author of the 1920 South African Currency and Banking Act. He was chairman of the South African goldminers, Union Corporation from 1924. He was a member of the Royal Commission on Indian Currency and Finance during 19 ...
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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 South ...
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Gold Fields
Gold Fields Limited (formerly The Gold Fields of South Africa) is one of the world's largest gold mining firms. Headquartered in Johannesburg, South Africa, the company is listed on both the Johannesburg Stock Exchange (JSE) and the New York Stock Exchange (NYSE). The firm was formed in 1998 with the amalgamation of the gold assets of Gold Fields of South Africa Limited and Gencor Limited. The company traces its roots back to 1887, when Cecil Rhodes founded Gold Fields of South Africa Limited. As of 2019, Gold Field was the world's eighth-largest producer of gold. The company owns and operates mines in South Africa, Ghana, Australia and Peru. Growth efforts are focused mainly in the regions where it currently operates, and are mainly driven through brownfields exploration on its existing land positions and through mergers and acquisitions in the same regions. Gold Fields' chairperson is Cheryl Carolus, and the CEO is Chris Griffith. Board of directors * Chairperson – Cheryl C ...
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