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George McCulloch (mine owner)


George McCulloch (Glasgow 23 April 1848 – 12 December 1907 London) was a British businessman and art collector. He was the mastermind behind the formation of the Broken Hill Mining Company, a precursor of BHP Billiton. He was the son of James McCulloch, a contractor, and Isabella Robertson, a farmer's daughter. George's father died of cholera in January 1849 when George was one year old and he was brought up by his mother assisted by his uncle John Robertson, a farmer.

As a young man, circa 1865, McCulloch travelled to Uruguay, South America where his older brothers John and Allan were stockmen. Aged 21 he returned to Glasgow and in 1869 formed a partnership with James Patterson, leasing a shipyard at Port Glasgow. McCulloch Patterson and Co, shipbuilders, built several vessels including the Isabel, Vale of Doon, Loch Dee, Vale of Nith, Firth of Clyde, Maitland, and the Loch Urr, but they made a small loss on most of these vessels, and the pair were eventually forced to file for bankruptcy in February 1871.

In May 1871 McCulloch sailed for Melbourne in Australia, where his cousin Sir James McCulloch was a prosperous merchant and politician.

About 1875, his cousin gave him a job as Manager of the Mount Gipps Sheep Station in New South Wales. The sheep station extended to approximately 400,000 acres of land leased from the government. George was also given a 2/16 share in the Mount Gipps Pastoral and Mineral Company by McCulloch Sellar and Co in which James McCulloch was a partner.

By chance, in 1883 one of the boundary riders, Charles Rasp, discovered mineral samples on the property and pegged out a claim. McCulloch immediately held a meeting with the station hands and it was agreed to form a Syndicate of Seven pegging out a further six blocks of mining leases which were amalgamated to form the privately owned 'Broken Hill Mining Company'. In 1885 silver was discovered, and in order to bring in more capital for the development of the mine, the original company was floated into the Broken Hill Proprietary Mining Company Ltd.

George McCulloch retired to the UK a rich man about 1891. He married his housekeeper, Mary Agnes Mayger, the widow of an employee at Mount Gipps, in 1893 and they went to live at 184 Queens Gate, London.


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