Krugersdorp is the site of a December 1880 gathering at which more than 6,000 men vowed to fight for the Transvaal's independence. Founded in 1887 by Marthinus Pretorius after the discovery of gold on his farm, "Paardekraal", thereafter the mining industry played an important role in the development of the city. Two important events in the history of South Africa: the Transvaal War of Independence (1881) and the discovery of the Witwatersrand Goldfields (1886) took place in Krugersdorp. These events had far-reaching political and economic consequences for the country's development.