MINING West Australiana
It is rare for a company to exist more than 100 years, but even more when it is a property developer, centered in the ‘boom and bust’ Australian commodities capital, Perth. With its London based shareholders and Board, Gold Estates in its early years invested in a variety of businesses – from gold mining in Kalgoorlie and Menzies, to copper mines in Russia and dredging in Africa — but it was property development that sutained it for more than a century. i find it difficult to comprehend that this relatively modest sized company has been involved in developing parts of so many of Perth’s well known suburbs. Maylands and Bayswater, Scarborough and Bentley, Yokine and Karrinyup, Bicton and Inglewood and now Thomsons Lake and the aptly named Success. For Gold Estates to survive the “busts” and not have been seduced by the “booms”, like so many of its peers, defines success in this very cyclical industry. Geoff Anderson Chairman Gold Estates Holdings Pty Ltd.