Gold rush By Karelia_M Mar 3, 1850 Rapid opening of gold Felds Rapid opening of gold fields led to a growing demand of picks and other tools needed to mine gold. Period: Mar 3, 1850 to Mar 3, 1892 Gold Rush Mar 3, 1851 Gold Rush The gold rush brought wealth and population to Sydney and Melbourn. Mar 3, 1855 Steam Engines Once the need of steam engines was introduced 13 steam engines were put in place in 1855. Mar 3, 1856 Cast Iron Foundry The increased need for maintenance for the steam engines led to the growth of iron foundries. Scott Clow and prebble oppened the first cast-iron foundry in melbourn. Mar 3, 1858 More Steam More steam engines were needed. 135 engines are now in use. Mar 3, 1860 Rolling Mill Enoch Hughes established a rollong mill in melbourn. Later to play a major role in establishing an iron and seel works. Mar 3, 1861 Foundries made Ballarat had ten foundries, Eight were used for minning equiptment and two used for producing and reparing farming equipment. Mar 3, 1861 Further Need for Steam At this date there were 342 Steam Engines in use mainly to pump water out of gold mines. Mar 3, 1880 Infrustracture was Placed The infrustracture for the development of an industrial society was put in place Mar 3, 1891 Slow in industrialisation Severe recession in Australia slowed industrialisation.