"'Gold Corporation's history began more than a century ago with the opening of the Perth Mint on 20 June 1899. The Mint was established as a branch of Britain's Royal Mint to refine the increasing quantities of gold being discovered in Western Australia's eastern goldfields and to coin it into sovereigns and half-sovereigns for the Crown.
Today the Corporation is Australia's leading precious metals refining, minting and value-adding group, providing high quality services and precious metal products to domestic and international markets.
The Corporation is the holding company of two wholly owned subsidiaries, the Western Australian Mint and GoldCorp Australia. It provides central services to the Group, including treasury, bullion services and settlement, accounting, personnel management, business development, information systems, public affairs, government relations, security and records management. Some treasury services, such as depository and metal leasing, are also offered to external clients.
The Corporation was created by the Gold Corporation Act 1987 on 30 June 1988 and is wholly owned by the Government of Western Australia. The Act formalised the merger of the Western Australian Mint (also known as The Perth Mint) and GoldCorp Australia.
GoldCorp Australia was formed in 1986 to manage the redevelopment of the Western Australian Mint and to mint and market Australia's first legal tender precious metal bullion coin program internationally, under a unique agreement with the Commonwealth of Australia.
GoldCorp Australia is a significant participant in international markets for value-added precious metal investment and collectable coin products, marketing a wide range of legal tender bullion and collector coins, and precious and base metal medallions, and collectables.
The Western Australian Mint has a 50% interest in the Australian Gold Refineries Joint Venture (AGR JV), one of the world's largest gold refiners, trading as Australian Gold Refineries (AGR).
Gold Corporation has one wholly owned international operating subsidiary, GoldCorp Australia (Hong Kong) Limited, and representative offices in the United States, Europe, Hong Kong and Japan.'
References:
Perth Mint webpage.
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