Meet the heroes and villains of Australian mining
From the Poseidon boom to the rise of Sir Arvi Parbo and Gina Rinehart, the Financial Review has charted every colourful turn of Australian mining.
Not the race that stopped the nation, but the stockmarket on the last trading day of 1969, when Poseidon shares touched $214. Photo: George Lipman/ Fairfax Media
The history of Australian mining is rich in heroes, but in the past 70 years, none can surpass Sir Arvi Parbo.
Parbo was born in Estonia in 1926 and was only 15 when Germany invaded the tiny Baltic nation. The Nazis made the boy a forced labourer in Germany’s underground mines and he stayed in that dirty, dangerous job until the war ended in 1945.
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