West Coast Gold Rush West Coast Gold Rush The West Coast Gold Rush on the West Coast of New Zealand from 1864 to 1867 populated the area, which up till then had been visited by few Europeans. Gold was found near the Taramakau River in 1864 by two Māori, Ihaia Tainui and Haimona Taukau. In 1865–66 gold was discovered at Okarito, Bruce Bay (the scene of the Hunt's Duffer gold rush), around Charleston and along the Grey River. Miners were attracted from the Central Otago Gold Rush, and from Victoria, Australia where the Victorian gold rush had nearly finished and by the end of
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