Kerry Harmanis had Frank Lowy-style timing when he sold Jubilee Mines for $3.1 billion in 2007, thanks to instinct honed by meditation. But now he’s back in the thick of it.
But there aren’t many who quit to become a professional artist only to end up a mining prospector. It’s a twist of fate that paved the way for Harmanis to become a long-term member of the Financial Review Rich List.just as the nickel market peaked in 2007. He’d pocket around $470 million and leave corporate life to pursue his passion for surfing and tai-chi while toiling away at various equity and property investments.
“We are well on our way. I’m very confident,” he says. “I’ll be staggered if we don’t find something, or two, this year. But you never know until you’ve got it, he says with a calmness honed by decades of daily meditation. And so, after his application to join Claremont Art School was rejected, and in his mind clear that he no longer wanted to practise law, he went bush, and started prospecting.It’s a job full of long days. In his early days, Harmanis sold seafood from a van at Leighton Beach to provide income as he scoured for metals.
“He said to me, what do you want to do? Have a Rolex watch and shrivel up? He said you have to do what fires you up. Do what gets you out of bed in the morning,” Harmanis says.
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