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Summary:Pandemonium on the Sydney Stock Exchange as shares in the Poseidon nickel company and other mineral consortia leap through the roof. It was in October 1969 that the great mineral boom began in Australia. Prospectors flocked to the Western Australian desert which had drawn gold miners in the last century. Hundreds of claims were filed and millions of dollars were poured into companies holding land rights in the strike area. NOTE: Date is approximate. This clip may contain footage from multiple events; exact date or dates may be unknown.
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Location:AUSTRALIA SYDNEY
Reuters ID:LDL0010H3SAYJ
Aspect Ratio:4:3
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Copyright Holder:Reuters Archive
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