Beginning of Modern Gold Rush (1 Jan 1998 Jahr – 1 Jan 2020 Jahr)

Beschreibung:

- In 1998, Australia managed to export 503,00 kg of gold, initiating a modern gold rush across Australia which has continued to present-day, caused by the discoveries of gold deposits.
- Became the catalyst for the mining industry boom throughout the 21st century and its expansion to exporting internationally in huge export amounts due to increased supply and demand.
- It Initiated a boom that made Australia into a top producer of mining and successful ties with the Asia Pacific.
- However, this created an inconsistent 'bubble' where Asian countries would consistently purchase Australian minerals until any disruption of trade stopped the export, causing the 'bubble' to burst, a loss of income for many local mining industries.

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