SME Times is powered by   
Search News
Just in:   • Adani Group to invest Rs 57,575 crore in Odisha  • 'Dollar Distancing' finally happening? Time for India to pitch Rupee as credible alternative: SBI Ecowrap  • 49% Indian startups now from tier 2, 3 cities: Jitendra Singh  • 'India ranks 3rd in global startup ecosystem & number of unicorns'  • LinkedIn lays off entire global events marketing team: Report 
Last updated: 20 May, 2019  

GoldRaw.THMB.jpg Australian strikes gold worth $69K in wilderness

GoldRaw.jpg
   Top Stories
» 49% Indian startups now from tier 2, 3 cities: Jitendra Singh
» 'India ranks 3rd in global startup ecosystem & number of unicorns'
» Tripura exported over 9K tonnes of pineapples in 2 years
» CPI inflation eases to 6.71% in July, IIP falls to 12.3%
» Rupee depreciates 12 paise to close at 79.64 against US dollar
IANS | 20 May, 2019
An Australian man has unearthed a 1.4 kilo gold nugget with the help of a metal detector while wandering Western Australia's gold fields, media reports said on Monday.

A shop in Kalgoorlie shared pictures of the rock online, estimated to be worth $69,000. The unidentified man is an experienced local hobbyist, shop owner Matt Cook, told the BBC.

"He walked into my shop and showed me the nugget in his hand with a big smile on my face," Cook told the BBC. "It just a bit bigger than a packet of smokes, and the density of it was incredible, so heavy."

Cook, who sells supplies to gold prospectors, said the man detected the piece on some saltbush flats, about 45cm below the surface.

Finds of this scale by prospectors are known to happen a few times a year, experts said.

About three-quarters of the gold mined in Australia is produced in and around the Kalgoorlie region.
 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 13 Aug, 2022
  Daily Poll
PM Modi's recent US visit to redefine India-US bilateral relations
 Yes
 No
 Can't say
  Commented Stories
» GIC Re's revenue from obligatory cession threatened(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter