Mining
In October 1985, he left the accounting profession and formed Normandy Mining Limited. He remained its Executive Chairman through its 17 years of activity. In 1988, Champion de Crespigny and his family moved to Adelaide, South Australia when it took control of Poseidon Limited. Normandy was taken over by Newmont Mining in 2002 but he and his family remained in Adelaide.
In September 2001, at the start of the AngloGold - Newmont takeover war for Normandy, he warned that Australia could lose control of more gold assets because of a lack of support from local institutional investors. He argued for the support of Western Mining, should his own company fall to foreign investment.
Read more about this topic: Robert Champion De Crespigny
Famous quotes containing the word mining:
“In strict science, all persons underlie the same condition of an infinite remoteness. Shall we fear to cool our love by mining for the metaphysical foundation of this elysian temple? Shall I not be as real as the things I see? If I am, I shall not fear to know them for what they are.”
—Ralph Waldo Emerson (1803–1882)
“It’s a mining town in lotus land.”
—F. Scott Fitzgerald (1896–1940)
“Any relation to the land, the habit of tilling it, or mining it, or even hunting on it, generates the feeling of patriotism. He who keeps shop on it, or he who merely uses it as a support to his desk and ledger, or to his manufactory, values it less.”
—Ralph Waldo Emerson (1803–1882)