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Fosterville Gold Mine is a gold mine east of Bendigo in the Australian state of Victoria. As of 2022, it was the largest gold mine in Victoria. [1] The current mine was established by Newmarket Gold. Newmarket was taken over by Kirkland Lake Gold in 2016, and in turn that merged with Agnico Eagle Mines Limited in 2022.
Location map of the Bendigo Goldfields. Alluvial gold was first discovered in Bendigo Creek as a result of the rush to the Dunstan area in September 1862. [6] The initial prospectors arrived in Bendigo Creek, a tributary of the Clutha River, by traversing Thomson's Saddle in the Dunstan Mountains and dropping into Thomson Gorge.
The mine was opened in 1939 by the Central Deborah Gold Mining Company during a 1930s revival of the gold industry, extending an existing 108 ft shaft from many years earlier with new machinery. It was one of the last mines to open on the Bendigo goldfields and one of the few to stay open during World War II. It was expanded during 1945–46 ...
Until 2006, South Africa was the world's largest gold producer. In 2007, increasing production from other countries and declining production from South Africa meant that China became the largest producer, although no country has approached the scale of South Africa's period of peak production during the late 1960s and early 1970s.
There are several classification systems for the economic evaluation of mineral deposits worldwide. The most commonly used schemes base on the International Reporting Template, [1] developed by the CRIRSCO – Committee for Mineral Reserves International Reporting Standards, like the Australian Joint Ore Reserves Committee – JORC Code 2012, [2] the Pan-European Reserves & Resources Reporting ...
The gold rush is reflected in the architecture of Victorian gold-boom cities like Melbourne, Castlemaine, Ballarat, Bendigo and Ararat. Ballarat today has Sovereign Hill—a 60-acre (24 ha) recreation of a gold rush town—as well as the Gold Museum. Bendigo has a large operating gold mine system which also functions as a tourist attraction.
In the 1850s gold was discovered in the area, radically transforming the area that is now Rosalind Park. Bendigo was one of the richest gold mining regions in the world, with more gold found in the region from 1850 to 1900 than anywhere else in the world. At present it remains the seventh richest goldfield in the world. [2]
The Bendigo Petition was an attempt by miners in the colony of Victoria (now part of the Commonwealth of Australia) to demand reasonable limits to taxation and improved access to land from Governor La Trobe, a representative of the British Government. In particular the miners requested reform of license fees applicable to miners on the gold fields.