On a Friday morning at the Gold Centre in Maryborough, a social atmosphere prevails as individuals gather for prospecting tours and engage with staff regarding detection devices. This hub attracts many, including tourists like Alaskan couple Keith and Marilyn Fye, who are exploring the historical significance of gold in the region, known as Victoria’s Golden Triangle, which includes Ballarat, Bendigo, and Wedderburn—areas famed for significant alluvial nugget discoveries during the 1850s gold rush.
The global spot price of gold has reportedly risen by 45% since January, reaching a record A$5,900 an ounce. Analysts speculate that prices may increase further, although the owner of the Gold Centre, Andrew Gladdis, indicates there isn’t a fresh gold rush today, despite more individuals engaging in prospecting than previously.
Guided by Lachy Green, prospective gold seekers learn about the time-consuming nature of the pursuit, as each detector coil can cover only a limited area in a day. Gold detectors range in price from A$1,500 to A$10,800. Green emphasizes the need for proper setup to filter out electromagnetic interference and adjust for mineralization within the central Victoria region.
Amidst ongoing engagement in the local gold prospecting culture, Rusty Dobson, a retiree, expresses optimism about his finds. Meanwhile, a recent ceremony in Fryerstown commemorates the Heron Nugget, uncovering the historical context of gold discoveries in the area.
The Prospectors and Miners Association of Victoria is actively advocating against a proposed increase in miner’s rights permit fees. Current permits cost A$28.60 for ten years, with the government suggesting a rise to A$93.10. The association’s president, Jason Cornish, underscores the importance of gold to Victoria’s historical economy, providing context for the region’s development.
Source: https://www.theguardian.com/australia-news/2025/oct/12/prospecting-for-gold-australia-fossicking-fortune-victoria-goldfields