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A group of Auckland businessmen offered a reward of £100, increased to £500 for the finding of gold in the Auckland region. The Auckland Provincial Council then offered £2000 for the finding of a goldfield in the Hauraki region south of Auckland, though southerners like the Otago Daily Times regarded the potential Coromandel goldfields as a "Complete Hoax".
The Otago gold rush (often called the Central Otago gold rush) was a gold rush that occurred during the 1860s in Central Otago, New Zealand.This was the country's biggest gold strike, and led to a rapid influx of foreign miners to the area – many of them veterans of other hunts for the precious metal in California and Victoria, Australia.
This setting was partly inspired by Elsie Locke's classic New Zealand children's novel The Runaway Settlers, which also features the gold rush. [5] [6] In Rose Tremains's 2003 novel The Colour a British couple emigrate to New Zealand and the husband gets swept up in the gold rush. The title refers to the gold prospectors' term for very fine ...
In these charts, top Wall Street experts explain how inflation's rapid decline and resilient economic growth, among other forces, have investors optimistic as 2024 kicks off.
In these charts, top Wall Street experts explain how inflation's decline and resilient economic growth, among other forces, have investors optimistic the stock market's 2024 rally has more room to ...
It was the site of New Zealand's first major gold rush. The discovery of gold at Gabriel's Gully by Gabriel Read on 25 May 1861 [ 1 ] [ 2 ] led to the Otago gold rush . [ 2 ] While gold had been found in Otago before, this rush was beyond expectation, with the population of the gold field rising from almost nothing to around 11,500 within a ...
Spot gold also rose to a new high north of $2,690 per ounce. Year to date, gold is up more than 30%, beating out the S&P 500’s gain of 22% and making it one of the best-performing commodities of ...
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