Otago Gold Rush Otago Gold Rush The Otago Gold Rush (often called the Central Otago Gold Rush) was a gold rush that occurred during the 1860s in Central Otago, New Zealand. This was the country's biggest gold strike, and led to a rapid influx of foreign miners to the area - many of them veterans of other hunts for the precious metal in California and Victoria, Australia. The rush started at Gabriel's Gully but spread throughout much of Central Otago, leading to the rapid expansion and commercialisation of the new colonial settlement of Dunedin, which quickly grew to be New Zealand's largest city.
Australian gold rushes managed by the National Trust of Australia (WA) states:The gold rush transformed the Western Australian economy as gold production soared from 22,806 ounces in 1890 to 1,643,876 ounces in 1900 and this was matched by the fourfold increase in WA's population from 46,290 in 1890 to 184,124 reported in the 1901 census. Gold was rediscovered near Tarnagulla on 6 November 1906 (Melbourne Cup Day), when a miner who had prospected the district for years obtained seven ounces of gold from a shaft nineteen feet (6 metres) deep. With some fairly large nuggets being found soon after, the so-called Poseidon rush,