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People have long been fascinated by nuggets, large aggregates of almost pure gold often found nestled within the host rock or loose in weathered sediments. But how exactly nuggets form remains a ...

The man found a giant gold nugget weighing 177 ounces – worth approximately $295,000 at today's market prices. The discovery was made in the town of Ballarat in the Australian state of Victoria.

The unearthing of the large gold nugget follows a suite of discoveries in the area over the past month leaving prospectors hopeful for even bigger yields in the near future.

Challenge to gold mine plan rejected World's largest gold nugget remembered But maintenance and "rehab work" is under way before exploration can begin. "It's not dangerous... but there is care and ...