[[Image:Cassilis historical area.jpg|thumb|right|As with many gold towns, after deposits of gold had been exploited, the town of Cassilis ceased to exist. This picture shows the remains of part of King Cassilis Mine]]
[[Image:Cassilis historical area.jpg|thumb|right|As with many gold towns, after deposits of gold had been exploited, the town of Cassilis ceased to exist. This picture shows the remains of part of King Cassilis Mine]]
−
The last major gold rush in Victoria was at Berringa, south of Ballarat, in the first decade of the 20th century. Gold mining ceased in Victoria, not because there was no more gold but in part because of the depth and cost of pumping. The First World War also drained Australia of the labour needed to work the mines, but worse the prohibition on the export of gold from Australia in 1915, the abolition of the gold standard throughout the Empire, saw many goldtowns in Victoria die. The slump in gold production never recovered. However, as of 2005 the recent increase in the gold price has seen a resurgence in commercial mining activity; mining has yet to be resumed in Bendigo, while some is occurring in Ballarat, and exploration proceeds elsewhere, for example, in Glen Wills, an isolated mountain area near Mitta Mitta in north-eastern Victoria.
+
The last major gold rush in Victoria was at Berringa, south of Ballarat, in the first decade of the 20th century. Gold mining ceased in Victoria, not because there was no more gold but in part because of the depth and cost of pumping. The First World War also drained Australia of the labour needed to work the mines, but worse the prohibition on the export of gold from Australia in 1915, the abolition of the gold standard throughout the Empire, saw many goldtowns in Victoria die. The slump in gold production never recovered. However, as of 2005 the recent increase in the gold price has seen a resurgence in commercial mining activity; mining has yet to be resumed in Bendigo, while some is occurring in Ballarat, and exploration proceeds elsewhere, for example, in Glen Wills, an isolated mountain area near Mitta Mitta in north-eastern Victoria.
Latest revision as of 15:26, 24 May 2021
As with many gold towns, after deposits of gold had been exploited, the town of Cassilis ceased to exist. This picture shows the remains of part of King Cassilis Mine
The last major gold rush in Victoria was at Berringa, south of Ballarat, in the first decade of the 20th century. Gold mining ceased in Victoria, not because there was no more gold but in part because of the depth and cost of pumping. The First World War also drained Australia of the labour needed to work the mines, but worse the prohibition on the export of gold from Australia in 1915, the abolition of the gold standard throughout the Empire, saw many goldtowns in Victoria die. The slump in gold production never recovered. However, as of 2005 the recent increase in the gold price has seen a resurgence in commercial mining activity; mining has yet to be resumed in Bendigo, while some is occurring in Ballarat, and exploration proceeds elsewhere, for example, in Glen Wills, an isolated mountain area near Mitta Mitta in north-eastern Victoria.
