Experts believe there’s likely to still be over 2 million kilograms of gold hiding underground in regional Victoria.
When the first gold rush hit in the 1800s, the technology wasn’t good enough to unearth it all but as new technology emerges, gold production is booming as dormant mines are revived.
Peter McCarthy is a former mining engineer and one of the people behind the reopening of the Castlemaine Goldfields mine in Ballarat after it had been closed for 100 years.
Duration: 7min 59sec
Broadcast: Fri 28 Jun 2019, 4:00pm
Full video here