The sovereign country Australia, which is the sixth largest country by total area in the world, exported gold solely to Europe in the past but the alluvial gold deposits were exhausted in the 1800s.
Gold was rediscovered near Tarnagulla on 6 November 1906 (Melbourne Cup Day), when a miner who had prospected the district for years obtained seven ounces of gold from a shaft nineteen feet (6 metres) deep. The shallow ground was soon worked out, but operations gave satisfactory results in the deeper alluvial until 1912. 
