Edward Hargraves, accompanied by John Lister, found five specks of alluvial gold at Summerhill near Bathurst in February 1851. Then, in April 1851, John Lister and William Tom, trained by Edward Hargraves, found 120 grams of gold. This discovery, instigated by Hargraves, led directly to the beginning of the gold rush in New South Wales. This was the first gold rush in Australia and was in full operation by May 1851, even before it was officially proclaimed on 14 May 1851, with already an estimated 300 diggers in place by 15 May 1851. Before 14 May 1851 gold was already flowing from Bathurst to Sydney, an example being when Edward Austin brought to Sydney a nugget of gold worth £35, which had been found in the Bathurst District.
In 1872 a large gold and quartz “Holtermann Nugget” discovered by the night shift in a mine part owned by Bernhardt Holtermann at Hill End, near Bathurst, New South Wales: the largest specimen of reef gold ever found, 1.5 meters (59 inches) long, weighing 286 kg (630 pounds), in Hill End, near Bathurst, and with an estimated gold content of 5000 ounces (57 kg). More Australian Gold History Click Here
Prospecting is the stuff of legend and fantasy, and plenty of people dream about finding the precious metal synonymous with wealth.
Gold prices are up around 15 per cent so far this year, making now a tempting time to have a crack at searching for gold.
But for some prospecting has become a way of life, regardless of the gold price.
Bill O’Connor, who has created a detailed website called Gold Prospecting in WA, has been prowling for gold since retiring from his job at Australia Post in 2005…
…Also you need a pickaxe, map, training and a $25 Miner’s Right — the type of licence required for gold prospecting, which is available from WA government agency, the Department of Mines and Petroleum (DMP)…MORE (Abc.net.au)
An amateur metal detector has made a discovery that experts think could change our understanding of Christianity in Denmark.
Dennis Fabricius Holm was enjoying an afternoon off work when he found a Birka crucifix pendant in a field near the town of Aunslev, Østfyn.
“I got off early on Friday, so I took just a few hours, I went around with my metal detector and then I came suddenly on something,” Mr Holm told DK.
“Since I cleared the mud and saw the jewellery, I have not been able to think of anything else.”…
…The dating of the crucifix, estimated at being from 900 – 950AD, is significant because it would indicate Danes embraced Christianity earlier than previously thought….MORE (Independent.co.uk)
Jan 10, 2016:This nugget took over an hour to dig and chisel out. It was 10″ deep in caliche. Caliche is a cemented conglomerate sort of rock very common in the desert SW.
The size and weight of the ring suggest that it was most likely worn by a man. It weighs over 32 grams and we know from X-ray fluorescence analysis at the British Museum that the metal is over 95% gold, the rest being silver and copper.
That’s fairly common for gold of this date, to be a good standard. Vikings were very concerned with the purity of the metal. On silver coins you sometimes find little nicks made with a knife blade where they were testing that they’d got decent quality silver.
It’s got a little bit of damage – probably hit by a plough or something in the thousand years that it’s been buried – but it’s our policy to preserve the ring as found and not try to restore it to ‘as new’ condition.
The ring was made by twisting two strands of gold wire and then twisting these with two tapering gold rods to form a hoop. The thin ends of the rods and wires were joined at the back of the hoop by beating them together into a flat, diamond-shaped plate. The plate is decorated with tiny punched circles…Read More (Culture24.org.uk)
WASHINGTON – The United States Mint (Mint) today announced record sales of American Eagle Silver Bullion Coins for the third consecutive year.
Once again, global demand for the American Eagle Silver Bullion Coins drove sales to a record high, this year reaching 47,000,000, surpassing the 44,006,000 ounces sold in 2014 and the 42,675,000 ounces sold in 2013. The Mint broke last year’s record Nov. 30 when sales reached 44,666,500.
To add further perspective to the demand for Silver Bullion Coins, for the first 22 years of the American Eagle Silver Bullion Coin Program, the Mint typically sold between three million and 10 million ounces per year. Since 2007, sales have increased nearly five-fold from 9,887,000 in 2007 to more than 44 million last year…Read More (US MINT)
China’s historic devaluation of the yuan this summer fuelled a gold bar and coin “buying spree” in the country as investors sought to shelter themselves from further market volatility, according to the World Gold Council.
Lower gold prices pushed up overall gold demand by 8pc in the third quarter to 1,120.9 tonnes compared with a year earlier, following an early sell-off by Western investors anticipating a US interest rate rise.
This represents the strongest demand since the second quarter of 2013.Read More (UK Telegraph)