Australia man finds 1.2 kg gold nugget worth $150,000

An Australian amateur prospector in far northwestern New South Wales unearthed a 1.2 kg gold nugget, named 'Tibooburra Spud', near Mount Stuart station. It contains 940 grams of pure gold and is valued between $150,000–$160,000. The finder spotted a tiny yellow dot in red dirt while using a metal detector. He plans to sell it to a collector.