Victorian gold rush 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 of years the gold output from Victoria was greater than in any other country in the world with the exception of the more extensive fields of California. Victoria's greatest yield
Australian gold rushes gold at Clunes which then resulted in the first Victorian gold rush. Edward Hargraves, accompanied by John Lister, found five specks of alluvial gold at Ophir near Orange in February 1851. Then, in April 1851, John Lister and William Tom, trained by Edward Hargraves, found 120 grams of gold. This discovery, instigated by Hargraves, led directly to the beginning of the gold rush in New South Wales. This was the first gold rush in Australia and was in full operation by May 1851, even before it was officially proclaimed on 14 May 1851, with already an estimated 300 diggers in