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The gold rush transformed the Western Australian economy as gold production soared from 22,806 ounces in 1890 to 1,643,876 ounces in 1900 and this was matched by the fourfold increase in WA's population from 46,290 in 1890 to 184,124 reported in the 1901 census.
Holtermann with 235 kg gold specimen from Hill End, NSW. New South Wales experienced the first gold rush in Australia, a period generally accepted to lie between 1851 and 1880. This period in the history of New South Wales resulted in a rapid growth in the population and significant boost to the economy of the colony of New South Wales
Australia mines about 57 tonnes of CO2 potential per person each year, about 10 times the global average”. [62] Mining has had a substantial environmental impact in some areas of Australia. Historically, the Victorian gold rush was the start of the economic growth of the country, leading to major increases in population.
Gold mining in Western Australia is the third largest commodity sector in Western Australia (WA), behind iron ore and LNG, with a value of A$17 billion in 2021–22.The 6.9 million troy ounces (214 tonnes) sold during this time period was the highest amount in 20 years and accounted for almost 70 percent of all gold sold in Australia.
Western Australian population growth between 1880 and 1897. [1]In the latter part of the nineteenth century, discoveries of gold at a number of locations in Western Australia caused large influxes of prospectors from overseas and interstate, and classic gold rushes.
The population reached a peak of 25,000 during the gold rush. Today, local industries include forestry, grazing and agriculture. Creswick was the site of the New Australasian Gold Mine disaster on 12 December 1882, Australia's worst mining disaster in which 22 men drowned. [3]
A decade later the Australian population had grown to 1,151,947 and the Victorian population had increased to 538,628; just under 47% of the Australian total and a seven-fold increase. In some small country towns where gold was found abundantly, the population could grow by over 1000% in a decade (e.g. Rutherglen had a population of about 2,000.
Bathurst is often referred to as the Gold Country, as the area was the site of Australia's first discovery of payable gold in 1851, and where the continent's first gold rush occurred. Today education, tourism and manufacturing drive the economy. The internationally known racetrack Mount Panorama is a landmark of the city.