Anglo American Corporation of South Africa, Ltd.
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The Anglo American Corporation of South Africa, Ltd. was a significant industrial and financial entity in South Africa's mining sector. Founded in 1917 by Sir Ernest Oppenheimer, with backing from J.P. Morgan, its primary goal was to exploit the goldfields of the east Witwatersrand.1
Oppenheimer, a prominent figure in the mining industry, also established Consolidated Diamond Mines of South West Africa, Ltd., which led to his control of De Beers Consolidated Mines, a former dominant force in the global diamond market. He further expanded the corporation's reach into copper deposits in Northern Rhodesia and pioneered new goldfields in the Orange Free State. Oppenheimer's influence extended beyond business; he was a philanthropist and served in local government and Parliament.1
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