Malcolm is an abandoned goldfields town, 852 km north east of Perth and 20 km east of Leonora. The townsite derives its name from the nearby physical feature of the same name. The mountain was named by surveyor John Forrest during exploration of the area in 1869. The name honours Malcolm Hamersley, a settler who was with Forrest on his exploration Gold was discovered in the Malcolm area around 1895/6, and in November 1896 the Mount Malcolm Provisional Committee requested the government survey and declare a townsite. At that time there were 3 hotels, six stores, 2 bakeries, a butcher and other businesses established. In 1904 Malcolm had 5 hotels and a brewery and a population of 400. The townsite was gazetted in 1897.
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