The Perth Mint celebrates 125 years of enriching Western Australia

  • Perth Mint marks 125 years of uninterrupted operation
  • Operation integral to supporting Western Australia’s gold industry
  • Gold Corporation exported $22 billion worth of goods last year

After opening as a branch of Britain’s Royal Mint at the height of Western Australia’s gold rush in 1899, The Perth Mint today celebrates 125 years of refining and minting excellence.

While such a period of continuous, uninterrupted operation is a remarkable achievement for any business, it is all the more impressive for one that has been so closely aligned with Western Australia’s gold industry and its history of fluctuating fortunes.

Ownership of the Mint was transferred to the Western Australian Government in 1970.

Since then, the Mint has contributed strongly to a diversified local economy, provided vital support for Australia’s gold industry, promoted tourism in the State and delivered income from value-added exports of precious metal products.

Notably, the Mint does much of this work from its iconic premises in East Perth.

While the Mint no longer produces circulating currency, it continues to manufacture high-quality legal tender coins and precious metal bullion products for collectors and investors around the globe.

The Mint exported more than $22 billion of goods last financial year, making it Western Australia’s sixth largest exporter by revenue.

On the 125thanniversary of the first sovereign being struck at the Mint, a new modern collectable re-imagines Benedetto Pistrucci’s original classic St George and the Dragon design. Today marks the release of the Mint’s 125th Anniversary Australia Sovereign 2024 Gold Proof Coin.

As stated by Mines and Petroleum Minister David Michael:

“Like so many West Australians I have fond memories of visiting The Perth Mint as a primary school student. The Mint continues to host these visits today, educating kids about the history of gold and the role it has played in WA’s economic development.

“That development has not only supported the Australian gold mining sector but also fostered economic growth and created countless opportunities for the people of Western Australia.

“I congratulate the Mint on this special milestone and its work in upholding Western Australia’s proud tradition of gold production.”

As stated by Gold Corporation non-executive chair Sam Walsh:

“I am immensely proud of The Perth Mint’s legacy and its enduring contribution on both the local and international stage.

“Our dedicated team works hard to ensure that the Mint remains renowned for the quality and purity of its precious metals and maintains the highest standards of craftsmanship and service.

“While this anniversary is a celebration of our achievements, it is also a testament to our excellence and innovation, and the gold mining sector’s resilience over 125 years.

“As we take a moment to reflect on and celebrate the role we have played for 125 years supporting the development of our State, we are also firmly focused on the present as an organisation that employs more than 700 people who are all working hard to deliver the best possible results on behalf of the West Australian community.”

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