SPOTLIGHT on Randfontein Estates Gold Mining Company (Witwatersrand) Limited, 1889-1989

From its early beginnings, shortly after the Witwatersrand gold rush of 1886, Randfontein Estates was planned as a heavyweight operation. The venture was capitalized by J .B. Robinson to the tune of £2 million at time when syndicates were loath to invest £50000 in ventures in and around the new metropolis, Johannesburg, which had sprung up midway along the Witwatersrand. But by then Robinson was a colossus among his contemporaries. Operating as a loner as he had done on the Kimberley diamond fields, where he created his own individual fortune and commanded the sort of respect which, early in his career, led to his election as Mayor of Kimberley. When news of a third gold discovery in the Transvaal (the first two had been in the Pilgrim's Rest and Barberton areas) reached Kimberley, Robinson's pioneering spirit was further stired and he hastened to the new goldfield to stake his claims before his business adversaries- Rhodes, John X. Meriman, Hans Sauer, and Caldecot-could entrench themselves. Once the new Witwatersrand goldfields had been proclaimed, claimpegging started in earnest. But the question was: where to start? Diamond men al, not one of the financiers had any knowledge of the geology of the gold-bearing formations.