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Hi all, in less than three years the Rosebery mine will be dug out. I was looking at buying a place there, but fortunately I have a friend who is a metallurgist and has worked for the mine. Yes, MMG will start rolling up their operations within a few years, leaving any investment in Rosebery an empty promise. Tourism is focussed on Strahan (which is delightful) and Queenstown (which is central and the biggest town in the North West). I suggest you look at the number of properties on the market in Rosebery already. The locals know what’s coming. Soon 60% of the jobs in town will be gone. And therefore all the workers and their families will leave, and the business that supported and supplied them will shut down. Sad, but very true. I suggest you research the ghost towns in this region. One of them had twelve hotels! And yes, they were all mining towns where the mine closed.
