You are here

Huge gold nuggets could save mining town in western Australia

Section: Daily Dispatches

'There Was Just Gold Everywhere, as Far as You Could See' -- Miners Discover 90 kg of the Precious Metal -- Worth a Whopping $15 Million -- in Just Four Days

By Kelsey Wilkie
Daily Mail, London
Sunday, September 9, 2018

A $15 million gold discovery could change the fate of a struggling Western Australian town.

Workers at the Beta Hunt mine in Kambalda, 630 kilometers east of Perth, unearthed the gold in a "once in a lifetime discovery."

... Dispatch continues below ...



ADVERTISEMENT

Fisher Precious Metals is preparing and equipping
clients for the upcoming 'Everything Bubble'

Fisher Precious Metals, voted North America's bullion dealer of the year for 2018 and known for personal service and great pricing, has been helping Americans and Canadians protect their wealth with precious metals for more than a decade. Enjoying a five-star client rating across the internet with no complaints at the Better Business Bureau, the team at Fisher Precious Metals works hard to serve you.

We have helped thousands of clients in buying and selling bullion, arranging segregated and offshore storage, establishing precious metals IRAs, and obtaining certified precious metals appraisals. We provide security to our clients with our Bullion Authenticity Guarantee. We recommend that you read our article "How to Avoid Bullion Counterfeits":

https://fisherpreciousmetals.com/precious-metals/bullion-authentication/

As a family-owned business, we strive to help you assess your wealth-protection goals and overall investment objectives. From the new precious metals buyer to the seasoned bullion investor, we are here to help you with a no-pressure, confidential consultation. Rest assured that everyone in our firm owns physical precious metals and no one is compensated via commission -- period.

Fisher Precious Metals is your full-service precious metals investment partner for life. Please call us at 1-800-390-8576 or visit us here:

https://fisherpreciousmetals.com



The gold was found about 500 meters from the surface in an area 3 meters wide and 3 meters high.

The discovery in a town that was built on the nickel mining has been described as "incredibly unique."

Kambalda has been fighting for survival, with low nickel prices forcing the closure of four large mines in just three years, the Australian Broadcasting Co. reported.

Miner Henry Dole nearly fell over when they made the discovery during a "business as usual" day. ...

... For the remainder of the report:

https://www.dailymail.co.uk/news/article-6149359/Miners-discover-15milli...

* * *

Join GATA here:

New Orleans Investment Conference
Hilton New Orleans Riverside Hotel
Thursday-Sunday, November 1-4, 2018
http://neworleansconference.com/wp-content/uploads/2018/07/NOIC_2018_Pow...

* * *

Help keep GATA going

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16