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Gold nuggets of various sizes have been found throughout the world. Historically, the nuggets are melted down and formed into new objects. The Welcome Stranger is the largest alluvial gold nugget ever found, which had a calculated refined weight of 97.14 kilograms (3,123 ozt). Three of the biggest nuggets come from the Brazilian Serra Pelada mine.
Deason and Oates were finally paid an estimated £9,381 (equivalent to A$1,485,000 in 2022) for their nugget, which became known as the "Welcome Stranger". At August 2019 gold prices, it would be worth US$3.4 million [2.3 million GBP]. It was heavier than the "Welcome Nugget" of 69.0 kilograms (2,217 ozt) that had been found in Ballarat in
The area is notable for the discovery of a number of gold nuggets. These finds include the world's largest, the Welcome Stranger, which was discovered in 1869 by John Deason and Richard Oates. Moliagul is composed of scattered rural dwellings and small farms, a hotel (now closed), museum, the old school (now a hall) and former church.
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While it was valued at a quarter of a million dollars, a smaller 7.5-pound nugget called Destiny, which was found in nearby Ballarat, fetched nearly $300,000 at auction in 2014.
The largest gold nugget found using a metal detector is the Hand of Faith, weighing 875 troy ounces (27.2 kg; 60.0 lb), found in Kingower, Victoria, Australia in 1980. Historic large specimens include the crystalline "Fricot Nugget", weighing 201 troy ounces (6.3 kg; 13.8 lb) – the largest one found during the California Gold Rush.
China says it has discovered the world’s largest known deposit of gold, estimated to be worth over $80bn (£63bn).. The deposit at the Wangu goldfield in central China could yield more than ...
The largest silver nugget ever mined, weighing 1,840 pounds (830 kg), came from Smuggler. At its peak the mine was responsible for nearly one-fifth of the world's total silver output. [ 2 ] Its extensive tunnel system reaches more than a thousand feet (300 m) below the entrance, extending under the city of Aspen, although most of the lower ...