Tin was discovered at Mount Bischoff by James Philosopher Smith in 1871. The mine operated successfully at first. The easy ore was all extracted by 1893 when sluicing was discontinued. Mining continued opencut on the face of the mountain, and underground. The underground mine closed in 1914, but surface mining continued for some time before it also ceased after the price of tin slumped in 1929. The mine was reopened by the Commonwealth Government in 1942 to support the war effort, but it finally closed in 1947.