Royal Australian Mint in 1967 the Melbourne mint was closed. Some staff from the Melbourne mint relocated to Canberra to operate the new mint. However it was not until the early 1980s that the RAM was able to sustain solitary production of the full set of circulating Australian coins, and so on several occasions in the 1960s and 1970s the RAM contracted production runs to the Perth Mint, the Royal Mint in both London and Llantrisant, and even on one occasion the Royal Canadian Mint. The mint consists of two buildings, an administration building, and a process building. The administration building houses the
Royal Mint where it opened in 1854. Its success led to the opening of Melbourne Mint on 2 June 1872 which cost £368,350 and Perth Mint which opened on 20 June 1899. In 1926 after operating for 72 years, the Sydney Mint closed due to its inferior technology and capabilities being superseded by those in Melbourne and Perth. After Australia was federalised in 1901, Great Britain continued to own the mints to as late as 1 July 1970, when they became statutory authorities of the Government of Western Australia. In Canada, which had been under British rule since 1763, British coins circulated