Reference: NLW MS 16956E
Prospectus, memorandum of association, etc., of the Welsh Patagonian Gold Fields Syndicate Ltd, 1891-2, and partnership agreement to obtain mining rights from the Argentine government.
During the early 1890s Edwin C. Roberts led a journey from the Welsh settlement towards the Andes to search for gold and after five months they returned from the Chubut Valley to share the exciting news of the discovery of gold and a plan to establish a gold-mining company. The ‘Welsh Patagonian Gold Fields Syndicate Ltd’ was formed on 11 November 1892. David Lloyd George was one of the four directors and many prominent Welshmen were shareholders in the company.
Due to mismanagement and personal and financial problems, a special general meeting held on 23 November 1894 decided that the company could not continue because of its liabilities.
- Jean Lindsay, 'Not Eldorado' : WJ Parry and the Welsh Patagonian gold fields syndicate, Transactions of the Honourable Society of Cymmrodorion - 1996 (New Series, Vol. 3, 1997)