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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.
Mittal Steel South Africa Limited: Arcelor-Mittal, a global steel company MMI MMI Holdings Limited: life insurance, employee benefits, medical scheme, health insurance, asset management: mmiholdings.co.za: MOB Mobile Industries Limited: marine cargo industry, including beer kegs, transponders and software solutions: MNY Moneyweb Holdings Limited
Simmer and Jack Mines Ltd (until 1924 known as The Simmer & Jack Gold Mining Co. Ltd.) is a South African company which was founded in 1887 by the German August Simmer and Scotsman John Jack, shortly thereafter selling the majority shareholding to Gold Fields of South Africa Ltd.
In 1992, RMB Holdings (RMBH) acquired interest in Momentum Life Assurers Limited. [5] On April 1, 1998, Anglo American Corporation of South Africa Limited (now Anglo American plc) merged its financial services interests with RMBH in order to achieve the objective of a unified financial services grouping known as First Rand. [6]
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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 Fields was the world's eighth-largest producer of gold. [4]
The ownership of South Deep has now devolved to Gold Fields, and the deposit is still being developed as one of the largest low-grade gold deposits in the world. In 1995 the majority shareholder, Anglo American Corp, decided to offer JCI to the new political dispensation in South Africa as a Black Economic Empowerment vehicle.
The group's headquarters are located in neighborhood of Melrose, in the city of Johannesburg, South Africa, approximately 11 kilometres (7 mi), north of the city center. [2] The coordinates of the group's headquarters are:26°07'47.0"S, 28°04'12.0"E (Latitude:-26.129737; Longitude:28.070007).