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A gold nugget discovered on the outskirts of Ballarat in 2019.

Modern-day ‘gold rush’ looms as Victoria awards new exploration areas

Two miners have won exploration rights to more than 15,000 square kilometres in north-central Victoria, where millions of ounces of gold are thought to remain.

  • Nick Toscano

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Sovereign Hill director and retired mining engineer Peter McCarthy is considered one of the driving forces behind the restart of gold mining in Ballarat.

Victoria's 1800s gold rush plots a renaissance as price hits $2000 an ounce

It's about 170-years-old and has already unearthed almost $150 billion of gold, but the Victorian gold industry is undergoing a modern renaissance.

  • Darren Gray
Mining engineer Peter McCarthy deep underground at Sovereign Hill, Ballarat.

'When you see it you can't mistake it'. The comeback of Victorian gold

Back in the gold rush the diggers toiled away with shovels, picks, wash pans and bare hands, as they scoured the goldfields in search of the precious metal.

  • Darren Gray