Australian gold rushes The specimens have been subjected to the most rigid test by Mr Patterson, in the presence of other competent parties, and he pronounced them to be beyond any possibility of doubt pure gold...The particulars of the precise location, with Esmond's consent, was published in the "Geelong Advertiser" on 22 July 1851. Publication of Esmond's find started the first official gold rush in Victoria in that same month. By 1 August between 300 and 400 diggers were encamped on the Clunes Goldfield, but soon moved to other fields as news of other gold discoveries spread. Esmond was in 1854 to receive
California Gold Rush stores in Sacramento, Coloma, and other spots in the goldfields. Just as the rush began he purchased all the prospecting supplies available in San Francisco and re-sold them at a substantial profit. Some gold-seekers made a significant amount of money. On average, half the gold-seekers made a modest profit, after taking all expenses into account; economic historians have suggested that white miners were more successful than black, Indian, or Chinese miners. However, taxes such as the California foreign miners tax passed in 1851, targeted mainly Latino miners and kept them from making as much money as whites, who did not