Falun mine buildings

History/Lessons/Lesson 07 · 1623-2009

Lucky breaks: the finds that almost did not happen

Many of the world's great mines were found by people who were not looking for them, or by people who nearly gave up. This lesson collects the lucky breaks in our records, and the near misses, and asks what they have in common. It is history, not a forecast or advice.

12 min read57 sourcesSilver, Gold, Nickel

Falu gruva, Lundberg, Bengt A / Europeana (CC0 1.0)

Falun mine buildings
01

Found by people who were not looking

Falu gruva, Lundberg, Bengt A / Europeana (CC0 1.0)

In the summer of 1623, two children herding animals near Kongsberg in Norway found silver. State mining began that autumn. Over the next three centuries the mines reached 1,068 m deep and produced about 1,350 t of silver before they closed in 1958.1

Falun mine buildings
Falu gruva Falu gruva, Lundberg, Bengt A / Europeana (CC0 1.0)

In 1883 the Canadian Pacific Railway was being built across northern Ontario. Tom Flanagan, a blacksmith with the construction crew, noticed copper-bearing rock on a hillside near Sudbury. The find led to the Murray Mine and started the Sudbury nickel and copper camp. Vale still runs underground mines there, with reserves expected to last into the 2040s.2,5,6

Twenty years later the railway struck lucky again. In 1903 silver was found at Cobalt, Ontario, during railway building. By 1922 Cobalt had produced 333 million ounces of silver, more than 10,000 t, from 100 mines. Ontario calls it the cradle of Canadian mining.3,4

The money came fast. The first dozen ore deliveries from the La Rose mine at Cobalt earned its owners 480,000 dollars in 1905. By 1911, 34 mines in the camp had produced 30 Moz of silver, and the camp went on to produce about 460 Moz in all.3,7

333 million oz silver

Produced at Cobalt, Ontario, by 1922, after a find made while building a railway4

At Broken Hill in New South Wales, a boundary rider named Charles Rasp found what he thought was tin in 1883. It was silver and lead. His syndicate floated the Broken Hill Mining Company, which grew into BHP.8

Some finds were pure chance. The Welcome Stranger, the largest gold nugget ever found, lay just under the soil at the base of a tree in Victoria. It was found in 1869 and weighed about 70 kg.9

Eleven years earlier, twenty-two Cornish miners of the Red Hill Mining Company had found the 68.98 kg Welcome Nugget at Ballarat, about 55 m underground. Geoscience Australia calls it the second largest ever found.9

Print of gold seekers in Australia
Goudzoekers in Australië, een Australisch meisje met haar broertje, een zendingspost op Nieuw-Zeeland en een bisschop op een slee Goudzoekers in Australië, een Australisch meisje met haar broertje, een zendingspost op Nieuw-Zeeland en een bisschop op een slee, Europeana (Public Domain Mark 1.0)

On 19 October 1872 a mass of reef gold weighing 286 kg came out of Bernhardt Holtermann's Star of Hope mine at Hill End. It is the largest specimen of its kind. Photographers recorded it before it was crushed.10

On 26 January 1905 the manager of the Premier diamond mine in South Africa, Captain Frederick Wells, found a 3,106 carat diamond near the rim of the pit. Named the Cullinan after the company chairman, it is the largest gem diamond ever found. The two largest stones cut from it weigh 530 and 317 carats.11

3,106 carats

The Cullinan diamond, found near the rim of the Premier mine pit in 190511

In Chile, Juan Godoy's silver find at Chañarcillo, dated 16 May 1832, set off a silver rush. The mines worked until 1890.12

Sometimes the first finder was told to keep quiet. Edward Hargraves is called the pioneer of gold mining in Australia, for the finds of 1851. But the explorer Strzelecki had found gold-bearing quartz in 1839, and the governor asked him to say nothing about it.14,15

In central Africa, the geologist Jules Cornet joined an expedition to Katanga from 1891 to 1893 and found copper at Kambove, Likasi, Kipushi and other sites. King Leopold II made him keep the commercially sensitive findings confidential, and he could only publish his scientific work after a treaty of 1894.13

Copper mine at Kolwezi in Shaba province
Kopermijn te Kolwezi in de provincie Shaba (Katanka) Kopermijn te Kolwezi in de provincie Shaba (Katanka), Mieremet, Rob / Anefo / Europeana (Public Domain Mark 1.0)

Other breaks came to people who were watching closely. George Harrison is credited with finding the main reef of the Witwatersrand on the farm Langlaagte in July 1886. By August the camp had about 3,000 people, and Johannesburg was named on 3 October.16

In 1924 Hans Merensky traced platinum-bearing rock from a stream in the Waterberg district back to its source. There he found the Merensky Reef, a platinum layer about one metre thick across the Bushveld complex.19

Early printed woodcut showing mining and ore processing
Folio 171. Medieval mining techniques. Woodcut, 1556. Folio 171. Medieval mining techniques. Woodcut, 1556., Unknown (Wellcome Collection) (Public Domain Mark 1.0)

In Western Australia, prospectors followed diamonds up Smoke Creek and found the Argyle AK1 pipe in October 1979. Argyle went on to produce more than 865 million carats in 37 years.17,18

In 1952 Lang Hancock was flying over the Hamersley Range when he saw a black outcrop below him. It was iron ore, and it led to the Pilbara iron ore industry once the export ban ended.20

In September 1969 Ken Shirley saw nickel sulphide caps in banded iron formation at Mount Windarra and pegged the ground for Poseidon. The share boom that followed is told in our lesson on booms and busts.21

Modern discoveries rarely start with something seen at the surface. Olympic Dam has no outcrop at all. A magnetic anomaly led explorers to drill there, and in 1975 drill hole RD1 cut 38 m averaging 1.0 per cent copper between 353 and 391 m down.22,24

Satellite image of the Escondida copper mine, Chile
Escondida Mine, Chile Escondida Mine, Chile, NASA/GSFC/METI/ERSDAC/JAROS, and U.S./Japan ASTER Science Team (Public domain (NASA media, no copyright))

At Escondida in Chile, the decisive hole was the twenty-third. Drill hole 23 hit rich copper below 300 m of barren cover. Escondida became the largest copper mine in the world. A team that had given up after hole 22 would have walked away from the largest copper mine in the world. Our guide to exploration drilling explains how drill programmes are planned, and our page on drill core shows what comes out of the hole.23

At Kambalda, gossans, the iron-stained caps of weathered rock that can sit over sulphide ore, had been sampled in 1954. Western Mining Corporation was told in 1964 that there was nickel in the rocks. The drill found the first large nickel deposit on 28 January 1966.25,26,27

Luck can be delayed. Jean Jacques Dozy described the Ertsberg copper outcrop in Indonesia on a 1936 expedition. His report lay unnoticed until 1959. Only then did Freeport's Forbes Wilson read it and set out on the trek in 1960.28

The Grasberg mine in Papua, seen from the International Space Station
Earth observation taken by the Expedition 11 crew Earth observation taken by the Expedition 11 crew, NASA JSC (Public domain (NASA media, no copyright))

Luck can be refused. In 1874 Thomas Walsh turned down half of a Deadwood prospect that later became the Homestake mine.32

A bad break can start a career. In 1978 Robert Friedland inspected a gold mine held in partnership with Steve Jobs and found only pyrite. It sparked his interest in mining. His later companies were behind the Voisey's Bay nickel find in Canada and the Kamoa copper find in the Congo in 2009.33

And a lifetime of effort can still miss. Daniel Barringer, made wealthy by mining, became convinced that the great crater in Arizona was made by a meteorite. His company drilled seven shafts in its floor from 1903 to 1908 and found no buried iron. Scientists did not accept his idea in his lifetime. Proof of the impact came in 1960.30

Luck is not always rewarded fairly. Ignace Tonene, a Temagami Ojibwa chief, began prospecting in his sixties after the Cobalt silver find. He was credited with finding the ore body behind the Kerr-Addison gold mine. One of his claims was jumped, and Indian Affairs could not secure redress.31

Read together, these stories share a few features. Many finds came when people were already on the ground for another reason, building a railway, herding animals or riding a boundary. The modern ones came from persistence, not chance: the twenty-third hole, the report read twenty years late, the gossans sampled twelve years before the drill hit. And luck did not decide who profited, as our lesson on mining fortunes shows.

Satellite image of gold mining in Siberia
Gold Mining, Siberia Gold Mining, Siberia, NASA/METI/AIST/Japan Space Systems, and U.S./Japan ASTER Science Team (Public domain (NASA media, no copyright))
Drag to turn the globe
  1. Chanarcillo silver is discovered

    The find about 50 km south of Copiapo drew thousands of adventurers and made fortunes.34,35,36

  2. Urmeneta finds the Tamaya copper deposit

    Tamaya lifted Chilean copper output sharply in the following decades.35

  3. Comstock Lode strikes

    The Comstock set the pattern for the Western mining boom town. By the mid-1870s the lode was seen as played out.37,38,39

  4. Welcome Stranger nugget found

    It is the heaviest gold nugget on record.9,40

  5. Big Hole at Kimberley: inception

    Big Hole at Kimberley: inception.41

  6. Mount Morgan gold mining begins

    The site is now a major abandoned mine remediation project.42,43

  7. Copper-bearing rock found during Canadian Pacific Railway works at Sudbury

    It started the Sudbury nickel-copper camp.5,44

  8. Gold found on the Witwatersrand

    It created the largest gold field known and Johannesburg.16,45

  9. Tin mining starts at Greenbushes

    The site later became a major lithium mine.46,47,48

  10. Peak year for US coal mining deaths

    The figure shows the scale of the safety problem before federal regulation.49,50

  11. Mir kimberlite pipe found in Yakutia

    The journal calls Mir one of the largest and best known diamond deposits in Russia and the world.51,52

  12. De Beers finds the Orapa kimberlite

    Orapa was the first mine opened by the company, ahead of Letlhakane (1977) and Jwaneng (1982).53,54

  13. Kimberlite pipes found at Jwaneng

    Jwaneng went on to become a core Debswana mine.53,55

  14. Argyle diamond pipe AK1 found

    It became the world's largest diamond producer by volume.17,18,56

Open the full timeline

Next in this series: the gold rush and the lithium rush compared.57

San Francisco around 1880, the city built by the gold rushNext lesson · 1848-2025The gold rush and the lithium rush comparedThe lithium boom has often been called a new gold rush. This lesson tests the comparison against the records of the great gold rushes, from California in 1848 to Kalgoorlie in 1893. Some things match closely. Others are very different. It is history, not a forecast or advice.

People, places and events in this lesson

Sources

  1. Kongsberg solvverk Store norske leksikon
  2. Sudbury mining history University of Waterloo
  3. Cobalt silver camp University of Waterloo
  4. Heritage Silver Trail, Cobalt (road tour PDF) Government of Ontario
  5. Discovery Site of Sudbury Mining Camp (geotour sheet) Ontario Geological Survey / Ministry of Mines
  6. Annual Report on Form 20-F for 2025 Vale S.A. (SEC)
  7. TIMMINS, NOAH ANTHONY Dictionary of Canadian Biography
  8. History of Broken Hill Broken Hill City Council
  9. Australian Mineral Facts: Gold Geoscience Australia
  10. The Holtermann Collection State Library of New South Wales
  11. Cullinan I and II diamonds, Summer 2006 Gems and Gemology (GIA)
  12. Chanarcillo entry Geovirtual Chile
  13. Biographie Belge d'Outre-Mer: Cornet, Jules Royal Academy for Overseas Sciences (KAOW-ARSOM)
  14. Hargraves, Edward Hammond Dictionary of National Biography, 1901 supplement vol 2 (public-domain text on Wikisource), article by Thomas Seccombe
  15. Strzelecki, Paul Edmund de Dictionary of National Biography, 1885-1900 vol 55 (public-domain text on Wikisource), article by Thomas Seccombe
  16. Discovery of the Gold in 1884 South African History Online
  17. The iconic Argyle diamond mine delivers its final production (3 Nov 2020) Rio Tinto
  18. Diamonds (Mining and Energy Western Australia exhibition) State Library of Western Australia
  19. Merensky, Hans Neue Deutsche Biographie / Deutsche Biographie
  20. Lang Hancock (Mining and Energy Western Australia exhibition) State Library of Western Australia
  21. Ken Shirley State Library of Western Australia
  22. Report GA9508 (Olympic Dam, drill hole RD1 text) Geoscience Australia
  23. La genesis de Escondida: el hallazgo que transformo la mineria chilena (opinion column by a participant) Guia Minera de Chile
  24. Copper industry History Trust of South Australia (SA History Hub)
  25. Nickel (Mining and Energy Western Australia exhibition) State Library of Western Australia
  26. Mining and Energy Western Australia: Nickel State Library of Western Australia
  27. Volcanogenic Massive Sulfide Occurrence Model, Scientific Investigations Report 2010-5070-C (Mineral Deposit Models for Resource Assessment) U.S. Geological Survey
  28. West Irian Copper Project OneMine
  29. Our history PT Freeport Indonesia
  30. 2026 Inductees from Mining's Past Mining Foundation of the Southwest
  31. TONENE, IGNACE (Nias) (Maiagizis) Dictionary of Canadian Biography
  32. Hall of Fame: Thomas Walsh Mining Foundation of the Southwest
  33. Robert Friedland Canadian Mining Hall of Fame
  34. Influencia de Chanarcillo en nuestro desarrollo minero Sociedad Nacional de Mineria (hosted by Biblioteca del Congreso Nacional de Chile)
  35. Los ciclos mineros del cobre y la plata (1820-1880) Memoria Chilena, Biblioteca Nacional de Chile
  36. Wikidata item Q450443 (Chanarcillo)
  37. Virginia City Historic District, Nevada US National Park Service
  38. The Comstock Lode (blog, 10 June 2021) US Bureau of Land Management
  39. Comstock Lode (item Q1122817), coordinate location P625 Wikidata
  40. Moliagul (item Q6896150), coordinate location P625 Wikidata
  41. Wikidata item Q19040 (Big Hole at Kimberley: inception)
  42. Mount Morgan remediation project Queensland Government
  43. Mount Morgan Mine (item Q6922260), coordinate location P625 Wikidata
  44. Greater Sudbury (item Q383434), coordinate location P625 Wikidata
  45. Johannesburg (item Q34647), coordinate location P625 Wikidata
  46. Tin (Mining and Energy Western Australia exhibition) State Library of Western Australia
  47. About Talison Lithium
  48. Greenbushes (item Q1826852), coordinate location P625 Wikidata
  49. Coal fatalities, 1900 to date US Mine Safety and Health Administration
  50. United States (item Q30), coordinate location P625 Wikidata
  51. Diamond deposit of the Mir kimberlite pipe: main research stages (abstract, 2025) Mining Industry Journal
  52. Mir diamond mine (item Q1369879), coordinate location P625 Wikidata
  53. Report to Stakeholders 2014 (key milestones 1967 to 2014) Debswana Diamond Company
  54. Orapa diamond mine (item Q859817), coordinate location P625 Wikidata
  55. Jwaneng diamond mine (item Q4160014), coordinate location P625 Wikidata
  56. Argyle diamond mine (item Q652475), coordinate location P625 Wikidata
  57. WA Battery and Critical Minerals Profile, March 2024 Western Australian Treasury Corporation

Pictures on this page: Falu gruva, Lundberg, Bengt A / Europeana (CC0 1.0); Goudzoekers in Australië, een Australisch meisje met haar broertje, een zendingspost op Nieuw-Zeeland en een bisschop op een slee, Europeana (Public Domain Mark 1.0); Kopermijn te Kolwezi in de provincie Shaba (Katanka), Mieremet, Rob / Anefo / Europeana (Public Domain Mark 1.0); Folio 171. Medieval mining techniques. Woodcut, 1556., Unknown (Wellcome Collection) (Public Domain Mark 1.0); Escondida Mine, Chile, NASA/GSFC/METI/ERSDAC/JAROS, and U.S./Japan ASTER Science Team (Public domain (NASA media, no copyright)); Earth observation taken by the Expedition 11 crew, NASA JSC (Public domain (NASA media, no copyright)); Gold Mining, Siberia, NASA/METI/AIST/Japan Space Systems, and U.S./Japan ASTER Science Team (Public domain (NASA media, no copyright)); San Francisco, California: the Golden Gate bay area. Photograph, ca. 1880., Unknown (Wellcome Collection) (Public Domain Mark 1.0).

Educational history drawn from the sources listed. It describes what happened; it is not investment advice and does not rate any company or security.

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Pictures: Falu gruva, Lundberg, Bengt A / Europeana (CC0 1.0); Kopermijn te Kolwezi in de provincie Shaba (Katanka), Mieremet, Rob / Anefo / Europeana (Public Domain Mark 1.0); Kimberley, South Africa: miners and washing gear at the Bultfontein diamond mine. Woodburytype, 1888, after a photograph by Robert Harris., Harris, Robert, active 1881-1888. (Public Domain Mark 1.0); South Africa: a crowd of people gathered outside The Goldfields offices in Johannesburg. 1896., Unknown (Wellcome Collection) (Public Domain Mark 1.0).