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
Porcupine Gold Rush their employees. The mines peaked between the 1940s and 50s, but continue to produce gold to this day, although the many smaller mines have been consolidated into a small number of larger holdings. By 2001, 67 million troy ounces of gold have been mined from the Porcupine area, making it by far the largest gold rush in terms of actual gold produced. For comparison, the well-known Klondike Gold Rush produced about 12 million troy ounces. The Porcupine rush, along with the Cobalt Silver Rush and Kirkland Lake Gold Rush, all in the early 20th century, drove most of the settlement