Consolidated Goldfields

Consolidated Goldfields

Consoldiated GoldFields is a British company, founded in 1887 and incorporated in London to fund the newly discovered gold reefs in the Transvaal. By 1900 it had already started to diversify outside South Africa. After 1945 it acquired mines in the United States and Australia.

Until the 1970s, it was predominanltly a mining finance house receiving income from passive investments. After the 1970sit transformed itself into natural resource group concentrating on a relatively small number of minerals.

The company had three major wholly-owned subsidiaries: ARC ltd, Gold fields Corporation and ARC America, both in the United States.

Consolidated Goldfields Corporation (Pink Sheets: [http://www.pinksheets.com/pink/quote/quote.jsp?symbol=CDGF#getQuote CDGF] ), founded in [Montana] in 1888 as Helena Silver Mines, Inc, in July 2006 acquired all of the issued and outstanding shares of Dome Copper, Inc., a private [Colorado] corporation. The company was subsequently renamed Consolidated Goldfields Corporation in the late 1970s and today produces around 350,000 ounces of gold a year with around £48million profit (1987-88). AFC produces a range of commodities using crushed stone, sand or gravel as raw material, including ready mixed concrete, and concrete products. ARC America is a major producer of concrete pipes. ARC and ARC America's combined profit in 1987-88 was £98million.

ref: http://www.mmc.gov.uk/rep_pub/reports/1989/fulltext/236c02.pdf

Management

* Thomas K. (Toby) Mancuso - Director, President & CEO
* Becky Corigliano - Director, CFO
* Thomas E. Callicrate - Director, VP Exploration
* [John P. Ryan] - Director

External links

* [http://www.consolidatedgold.com/ Company homepage]


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