The prize of Australia's bullion mints, The Perth Mint is fully owned and controlled by the Western Australia Government and has been around since 1899, even before the creation of the Australia's Federation in 1901. As a former branch of the UK's Royal Mint, it has survived well beyond that of the Sydney and Melbourne Mints which have long since closed, though in their heyday were refining gold during the period of the gold rush and minting a variety of sovereigns for the British Empire. The Perth Mint has been issuing coins even longer than the Royal Australian Mint which similarly produced legal tender in the way of Australian dollar coins.
The Perth Mint's 8,400 sq m (90,000 sq ft) state-of-the-art production facility at 310 Hay Street in East Perth is located right beside the original and iconic building made of limestone. Providing a combination of services to the ever-growing global gold industry including both refining and manufacturing of gold bullion bars and coins and numismatic applications for both local, national and international coin collectors and investors. Australia's legal tender is almost entirely produced and marketed at The Perth Mint and comprises precious metal coins including Platinum Koala Coins, Silver Kookaburra Coins, Swan series coins, Australian Nugget gold coins and a host of other widely acclaimed and eagerly sought after bullion products.
The Perth Mint is responsible for approximately 80% of gold and 30% of silver production in Australia and uses a combination of nationally sourced and internationally sourced precious metals to mint both bars and coins in Australia, which represents a staggering 10% of global production. Annual bullion sales including Platinum, Silver and Gold are close to A$20 billion.