1851 in Australia 1851 in Australia 1851 in Australia was a watershed year. It saw the start of the Australian gold rushes with significant gold discoveries in both New South Wales (near Bathurst) in February and Victoria in July. As a result of the Gold Rushes, the European population of Victoria increased from 97,489 in 1851 to 538,628 in 1861 and the population of NSW increased from 197,265 in 1851 to 350,860 in 1861. Victoria became a self-governing colony. Sentiment in the eastern Australian colonies moved decisively against penal transportation leading to the end of transportation to Tasmania in 1853. Melbourne's major suburb/satellite
Klondike Gold Rush Dawson alone during a single week in August. The Klondike gold rush was over. Only a handful of the 100,000 people who left for the Klondike during the gold rush became rich. They typically spent $1,000 ($27,000) each reaching the region, which when combined exceeded what was produced from the gold fields between 1897 and 1901. At the same time, most of those who did find gold lost their fortunes in the subsequent years. They often died penniless, attempting to reproduce their earlier good fortune in fresh mining opportunities. Businessman and miner Alex McDonald, for example, continued to accumulate land