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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.
Gold is a New Zealand radio station playing classic hits and classic rock of the late 1960s, 1970s, 1980s and 1990s targeting an audience of listeners above 45 years of age. [ 1 ] Gold broadcasts as a network on AM and FM frequencies across New Zealand and is owned and operated by New Zealand Media and Entertainment (NZME).
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".
In 1935 New Zealand gold output peaked during the depression, with two-thirds by the Waihi Company which was the largest of the four major companies. That year for tax reasons the Waihi Company was split into three, including the Martha Company which controlled the Martha Mine. [2] By the 1950s the mine was struggling due to a series of factors.
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 ...
Christopher Reilly (sometimes spelt Riley) was an Irish gold prospector who participated in the Otago gold rush in New Zealand in the 1860s. [1] In 1862, Reilly discovered gold on the Clutha River with Horatio Hartley. The location was proclaimed as the Dunstan goldfield on 23 September 1862. [2] [3]
Mining in New Zealand began when the Māori quarried rock such as argillite in times prior to European colonisation. [1] Mining by Europeans began in the latter half of the 19th century. New Zealand has abundant resources of coal, silver, iron ore, limestone and gold. It ranked 22 in the world in terms of iron ore production and 29th in gold ...
Gold touched new highs while silver soared above $34 per ounce amid investor expectations of lower interest rates. ... Read the latest financial and business news from Yahoo Finance. Show comments ...