Life Begins at 40.

The article presents information about Great Britain's international mining company Consolidated Gold Fields Ltd. which is giving a tough competition to other mining giants including American Metal Climax and Newmont Mining. Gold Fields was founded by African businessman Cecil John Rhodes in 1887 as the Gold Fields of South Africa. However, it didn't perform well and became nearly bankrupt. During the 1930s, it started using a new method of prospecting with the help of electromagnetic devices and became one of the major players in gold production. Gold Fields, now led by Sir George Harvie-Watt, channeled its profits from gold mining to other projects during the 1950s and has emerged as one of the world's great diversified mining business. INSET: AMERICAN BEACHHEAD.