The Times Australia
Fisher and Paykel Appliances
The Times World News

.

Victoria’s gold rush ended in the 19th century. So why are people still finding so much gold?

  • Written by Eleanor Green, Senior Lecturer In Computational Petrology, The University of Melbourne
Victoria’s gold rush ended in the 19th century. So why are people still finding so much gold?

An amateur gold prospector in Victoria, Australia, recently discovered a gold nugget[1] big enough to hold in two hands, worth around A$240,000. It was a lucky find, but he had chosen the right place to look.

Central Victoria was home to one of the world’s great gold rushes in the 19th century, which was focused mainly on the “golden triangle” northwest of Melbourne.

While that gold rush saw the extraction of thousands of tonnes of gold from Victorian soil, there is still plenty left. What some have called a “second gold rush[2]” is now under way, as large mining companies and amateur fossickers use modern technology.

A rush and a boom

A road trip through Central Victoria’s Goldfields region takes you to 19th-century boom towns like Bendigo, Ballarat and Castlemaine. They are handsome towns, with elegant municipal buildings and graceful churches, the products of decades of wealth built on gold.

Rambling farther through Victoria, here and there you will find the ghost towns, such as Steiglitz, or the optimistically named Eldorado. These were less fortunate – their gold soon ran out.

Victoria’s first gold rush took place during the 1850s and 1860s. Miners and prospectors poured into Victoria from across the world, colonising the lands of the traditional owners.

An 1862 engraving shows an encampment on the Victorian goldfields. Samuel Calvert / State Library of Victoria[3]

Some of these early gold hunters shovelled for small nuggets of gold sitting on the ground, or panned for flakes of gold floating in waterholes and creeks.

Others sought the underground source of the gold. They knew subterranean gold does not occur at random, but would be found in certain rocks.

When they found gold-bearing rocks breaking the surface, they dug for more. Then, they crushed the rock to get the gold out. It was skilled, difficult work that took a brutal physical toll.

How to hunt gold

In Victoria, most underground gold[4] is found in “quartz reefs”: bands of hard white quartz. Formed some 400 million years ago, these gold-bearing reefs may be kilometres long, but are typically less than a metre wide, and slant steeply into the ground.

The places where these reefs break the surface were hard to find. But if the gold hunters were lucky and discovered a new reef, they could follow it a long way, along the surface and underground. The deeper the miners dug, the greater the risks of mine collapse, flooding, or other disasters.

Read more: How gold rushes helped make the modern world[5]

Victoria’s remarkable gold rush history is the subject of a World Heritage bid[6]. You can learn about the gold rush at Sovereign Hill in Ballarat[7], the Eureka Centre in Melbourne[8], and the Golden Dragon Museum in Bendigo[9], among other places. These places tell moving stories of the gold rush era: of colonial theft, of cruelty and exploitation, of skill, courage and hope.

Across the Victorian goldfields the gold rush had died down by the late 19th century. Even so, the most prosperous gold mines, such as the Central Deborah mine in Bendigo[10], continued to produce gold well into the 20th century.

But after the gold rush was over, the gold was still there underground. It was just harder to find, or harder to get at.

The second gold rush

Victoria’s second gold rush is less eye-catching and more high-tech than the first.

Mining companies from across the world are coming to Victoria, believing with modern methods they can find and dig up more of Victoria’s unusually pure gold.

Modern mines work with a current understanding of how rocks form, and of how the outer part of Earth deforms during the movement of tectonic plates. They use these ideas to predict the three-dimensional shape of the gold-bearing quartz reefs as they slant into the ground, making it easier to locate them deep underground.

Modern gold mining is a much more high-tech operation than the gold rush of the 19th century. Fosterville Gold Mine / Agnico Eagle

Modern drilling methods make it easy to sample rocks, using machines like giant apple corers. And today’s techniques can extract more of the gold from the quartz that hosts it.

Today, Victoria’s gold mines produce around 650,000 ounces of gold each year[11], or about 20 tonnes. For comparison, at the height of the first gold rush, some 3 million ounces[12] or around 90 tonnes were produced in 1856.

Many working mines hold open days for interested visitors, such as the Fosterville gold mine[13] near Bendigo.

What to know if you’re hunting gold

Amateur gold hunting also flourishes on the Victorian goldfields today. “Fossicking”, or recreational prospecting, is a popular way to enjoy walks in the bush, with the possibility of taking home some gold or other treasure.

Dedicated fossickers may well invest in a metal detector, at a cost of several thousand dollars. For a more traditional approach, gold pans and sieves provide hours of fun for the patient, and are considerably cheaper than a metal detector.

Would-be fossickers should check their local regulations to find out if they need a licence. Once you have a licence, you must comply with its terms, which may put limits on fossicking activities, such as where you can look, what you can keep, and whether or not you can sell any finds.

A photograph of a tiny gold nugget resting in the palm of a hand.
Fossicking may not make your fortune, but it can still be a fun hobby. Shutterstock

You are still responsible for getting permission from the relevant landowners. As with any outdoor activity, you should be aware of the risks around you, including those posed by the weather.

In popular fossicking areas, you may be able to get advice on all of these things, as well as pointers towards finding gold, by joining a fossicking club.

If you aren’t lucky enough to live on a goldfield, don’t despair. You may still enjoy amateur prospecting or treasure hunting, looking for other precious metals or minerals, or even for hoards of gold coins[14].

Read more: Discovering a Viking hoard: a day in the life of a metal detectorist[15]

References

  1. ^ discovered a gold nugget (www.abc.net.au)
  2. ^ second gold rush (earthresources.vic.gov.au)
  3. ^ Samuel Calvert / State Library of Victoria (viewer.slv.vic.gov.au)
  4. ^ most underground gold (earthresources.vic.gov.au)
  5. ^ How gold rushes helped make the modern world (theconversation.com)
  6. ^ World Heritage bid (goldfieldsworldheritage.com.au)
  7. ^ Sovereign Hill in Ballarat (sovereignhill.com.au)
  8. ^ Eureka Centre in Melbourne (www.eurekacentreballarat.com.au)
  9. ^ Golden Dragon Museum in Bendigo (www.goldendragonmuseum.org)
  10. ^ Central Deborah mine in Bendigo (www.central-deborah.com)
  11. ^ around 650,000 ounces of gold each year (earthresources.vic.gov.au)
  12. ^ 3 million ounces (trove.nla.gov.au)
  13. ^ Fosterville gold mine (fgmcommunity.com.au)
  14. ^ hoards of gold coins (edition.cnn.com)
  15. ^ Discovering a Viking hoard: a day in the life of a metal detectorist (theconversation.com)

Read more https://theconversation.com/victorias-gold-rush-ended-in-the-19th-century-so-why-are-people-still-finding-so-much-gold-202846

Times Magazine

Can bigger-is-better ‘scaling laws’ keep AI improving forever? History says we can’t be too sure

OpenAI chief executive Sam Altman – perhaps the most prominent face of the artificial intellig...

A backlash against AI imagery in ads may have begun as brands promote ‘human-made’

In a wave of new ads, brands like Heineken, Polaroid and Cadbury have started hating on artifici...

Home batteries now four times the size as new installers enter the market

Australians are investing in larger home battery set ups than ever before with data showing the ...

Q&A with Freya Alexander – the young artist transforming co-working spaces into creative galleries

As the current Artist in Residence at Hub Australia, Freya Alexander is bringing colour and creativi...

This Christmas, Give the Navman Gift That Never Stops Giving – Safety

Protect your loved one’s drives with a Navman Dash Cam.  This Christmas don’t just give – prote...

Yoto now available in Kmart and The Memo, bringing screen-free storytelling to Australian families

Yoto, the kids’ audio platform inspiring creativity and imagination around the world, has launched i...

The Times Features

Why the Mortgage Industry Needs More Women (And What We're Actually Doing About It)

I've been in fintech and the mortgage industry for about a year and a half now. My background is i...

Inflation jumps in October, adding to pressure on government to make budget savings

Annual inflation rose[1] to a 16-month high of 3.8% in October, adding to pressure on the govern...

Transforming Addiction Treatment Marketing Across Australasia & Southeast Asia

In a competitive and highly regulated space like addiction treatment, standing out online is no sm...

Aiper Scuba X1 Robotic Pool Cleaner Review: Powerful Cleaning, Smart Design

If you’re anything like me, the dream is a pool that always looks swimmable without you having to ha...

YepAI Emerges as AI Dark Horse, Launches V3 SuperAgent to Revolutionize E-commerce

November 24, 2025 – YepAI today announced the launch of its V3 SuperAgent, an enhanced AI platf...

What SMEs Should Look For When Choosing a Shared Office in 2026

Small and medium-sized enterprises remain the backbone of Australia’s economy. As of mid-2024, sma...

Anthony Albanese Probably Won’t Lead Labor Into the Next Federal Election — So Who Will?

As Australia edges closer to the next federal election, a quiet but unmistakable shift is rippli...

Top doctors tip into AI medtech capital raise a second time as Aussie start up expands globally

Medow Health AI, an Australian start up developing AI native tools for specialist doctors to  auto...

Record-breaking prize home draw offers Aussies a shot at luxury living

With home ownership slipping out of reach for many Australians, a growing number are snapping up...