Be sweet to head to Australia for the winter. . . . one nugget like the guy detected would pay for the trip.
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After the goldrush - another Australian goldrush By Sid Astbury
dpa German Press Agency
Published: Tuesday November 28, 2006
By Sid Astbury, Coolgardie, Australia- Earlier this month, just a stone's throw from the spot near Coolgardie in Western Australia where prospectors Arthur Bayley and William Ford made their breakthrough discovery in 1892, a lone hunter with a metal detector unearthed a gold-encrusted rock worth enough for a couple of round-the-world plane tickets. That's the way it is with mining: 40 years on from diggers deciding that 500,000 ounces of gold was all they would get out the Coolgardie resource, there's another bunch of hopefuls keen for another try.
Focus is a junior miner, who shares its wealth with prospectors like the one who found the A$10,000 (US$7,896) nugget in November.
?We let prospectors go over the surface for a 10% share of what they find,? said MD Peter Williams. . . .
The juniors are in the vanguard of a push that could see Australia overtake South Africa and become the biggest gold producer by the end of the decade. . . . . .
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