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This was the date when Edward Hargraves found the first payable gold.
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Payable gold was found in May 1852 at Echunga in the Adelaide Hills in South Australia by William Chapman and his mates Thomas Hardiman and Henry Hampton.
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The Eureka Rebellion in 1854 was a rebellion of gold miners of Ballarat, Victoria, Australia, who revolted against the colonial authority of the United Kingdom.
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In late 1861 the Clermont goldfield was discovered in Central Queensland near Peak Downs, triggering what has (incorrectly) been described as one of Queensland's major gold rushes.
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People got a lot of gold until 1861 when it started to die down a bit. People still found bits of gold but 1899 was when it completely stopped.