The mountain is situated adjacent to Savage River National Park, near the town of Waratah.

The mountain was named in the early nineteenth century after the chairman of the Van Diemen's Land Company, James Bischoff.

[4][5] In June 1883, the mine installed one of the first hydro-electric generators in Australia, using it to light the offices, workshop and manager's house.

A large open cut operation, taking in all the old historic workings, was developed , with the ore being trucked 80 kilometres (50 mi) to the Renison Bell processing plant.

At the time, ore reserves at Mount Bischoff were estimated to be 845,000 tonnes (832,000 long tons) grading at 1.20 percent tin.