Victorian gold rush resuming in both of the major fields of Bendigo and Ballarat. Exploration also proceeds elsewhere, for example, in Glen Wills, an isolated mountain area near Mitta Mitta in north-eastern Victoria. Victorian gold rush The Victorian gold rush was a period in the history of Victoria, Australia approximately between 1851 and the late 1860s. It led to a period of extreme prosperity for the Australian colony, and an influx of population growth and financial capital for Melbourne, which was dubbed "Marvellous Melbourne" as a result of the procurement of wealth. The Victorian Gold Discovery Committee wrote in 1854: For a number
New South Wales gold rush a universal rush to the diggings." Largely due to the gold receipts into the colonial government treasury bringing immense wealth to the colony of New South Wales, the British Government, in 1854, authorised the establishment of the Sydney Mint. This was the first Royal Mint to be established outside England. Ten years after the start of the gold rush in 1851 the population of New South Wales had grown from 200,000 to 357,000 people, an increase of 78%. A very productive gold field surrounded the area of Hill End. This is the location of the world's largest piece of gold-bearing