West Mount Magnet had its Aboriginal name reinstated by the Surveyor General in 1972, "Warramboo", meaning campfire camping place.

[3] Surrounding the town are remnants of old gold mining operations, and to the north-east are significant Aboriginal sites being preserved jointly by the local community and the Western Australian Museum.

Its history is sustained through the Wirnda Barna Arts Centre,[4] and the Mount Magnet Mining and Pastoral Museum.

The company also commenced the Perseverance open pit cutbacks in 2015 at the top of the Hill 50 underground mine, which is 4 km north west of Mount Magnet.

[7] Unusual for such a large mining community, Mount Magnet never had a public battery (a type of mill machine that crushes material).