Sir George Read Fisher was one of Australia's leading mining executives. In 2019, he was posthumously inducted into the Queensland Business Leaders Hall of Fame in recognition of his eminent business leadership, driving the long-term success of Mount Isa Mines and Mount Isa's growth and development as a city.
Fisher commenced his career in Broken Hill where he quickly rose to underground manager and then general manager at the Zinc Corporation. There he learned to deal with the formidable Barrier Industrial Council, successfully displaying the capacity to establish a fine rapport with the union leaders. Central to this and later success were his remarkable people skills. The Allied Works Council seconded him in World War II to create tunnels in the cliffs of Darwin Harbour to store fuel supplies so they would be safe during bombing raids by Japan. With the impending retirement of Mount Isa Mines chairman, Julius Kruttschnitt, Fisher joined MIM, then controlled by US company ASARCO, in 1952 as general manager, becoming chairman in 1953. Attracting him to Mount Isa was the prospect of freedom from overseas interference and autonomy to run the company as he saw fit. This was to be a major turning point for MIM and the town of Mount Isa which, in both cases, were to be transformed under his leadership. He set about building houses and facilities to attract a stable workforce and embarked on a large-scale exploration program resulting in extremely rich new mineral deposits. By 1959 a copper refinery was built in Townsville facilitating the local refinement of copper and the manufacture of copper products. He was always a strong advocate of local downstream value-adding. During the 1950s, Fisher was also responsible for construction of Lake Moondarra, the largest private water storage project in Australia. He successfully negotiating with the Queensland Government and the Australian Government to have the Mt Isa to Townsville railway reconstructed was another major success during this era. Under Fisher's leadership, mine production went from 1,500 to 16,000 tons per day. Copper production went from zero to 100,000 tons per year, ready to go to 150,000 before he retired. Lead production was over 100,000 tons. It was probably the largest lead and silver mine in Australia, and one of the largest in the world at the time. The copper was at number nine worldwide and reserves went from three million tons to 140 million tons. Under his leadership, the town developed from 6,000 people to over 20,000 people and the payroll went from seven million pounds, to 31 million pounds. Sir George rendered extensive and meritorious community service. He was a giant of the mining industry, a world-recognised innovator, and among the most significant pioneers of regional development in Australia's history.
Later life
Sir George Fisher retired in 1970, but remained active through his involvement in the Queensland Art Gallery Foundation and the Queensland Country Party. When James Cook University of North Queensland was established in 1970, Sir George Fisher became the University’s Foundation Chancellor. He held that position until 1974. The University named a significant building on its Douglas campus in Townsville after Fisher. Fisher died on 13 July 2007 aged 104.
