On June 20, The Perth Mint celebrated a significant milestone, marking 125 years of continuous operation in Western Australia.
Established in 1899 as a branch of Britain’s Royal Mint during WA’s gold rush, The Perth Mint originally produced currency for Australia and the British Empire. Ownership of the Mint transferred to the WA Government in 1970, and since 1987, it has been managed by the Gold Corporation, evolving into a global precious metals business and a popular tourist destination.
For over half a century, the Mint has been a pillar of support for Australia’s gold industry, promoting WA tourism, and generating income through the export of value-added precious metal products.
“I am immensely proud of The Perth Mint’s legacy and its enduring contribution on both the local and international stage,” stated Sam Walsh, non-executive chair of Gold Corporation. “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.”
In celebration of its 125th anniversary and the first sovereign struck at the Mint, two commemorative coins and a Year of the Dragon coin have been released for purchase.
“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,” Walsh added. “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.”
Under the ownership of the WA Government, The Perth Mint has made substantial contributions to the state’s economy. In the 2023–24 financial year alone, the Mint exported goods worth over $22 billion, positioning it as WA’s sixth largest exporter by revenue.
WA Mines and Petroleum Minister David Michael offered his congratulations on the Mint’s significant milestone. “Like so many West Australians, I have fond memories of visiting The Perth Mint as a primary school student,” Michael said. “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.”