Greek Australian miner allegedly discovers more than $2 trillion in precious metals 

·

Greek Australian miner David Catsoulis has allegedly discovered over $2.3 trillion worth of silver and other precious metals at a Queensland mine.

But according to The Australian, although Mr Catsoulis said he has found trillions of dollars worth of metals, his company Warwick Gold does not have the rights to mine or explore those tenements.

Warwick Gold
David Catsoulis’ Warwick Gold Texas mine in Queensland. Photo: The Australia.

Queensland’s Mines Department also refuses to accept and process the application for him to mine.

The Australian reported that Mr Catsoulis has also allegedly been bankrupt in the past and is currently being investigated by ASIC as Warwick Gold was briefly placed in administration twice this year.

Source: The Australian.

Share:

KEEP UP TO DATE WITH TGH

By subscribing you accept our Terms of Service and Privacy Policy.

Latest News

Cyprus in talks with Australia over halloumi amid disease measures

Cyprus is in talks with Australia over halloumi shipments as stricter biosecurity measures are implemented amid disease concerns.

Kyriakos Mitsotakis confirms intention to visit to Australia in March 2026

Kyriakos Mitsotakis indicates plans to visit Melbourne and Sydney around March 25, for Greek Independence Day celebrations in Australia.

Your guide to celebrating Epiphany 2026 across Australia

Each January, Greek Orthodox communities across Australia gather to celebrate Epiphany, commemorating the Baptism of Jesus Christ.

Greek robotics team delivers standout performance at IRO 2025 in Australia

Greek robotics team excelled at the International Robot Olympiad 2025 on Australia’s Gold Coast, winning gold, bronze and technical awards.

What to read this summer: Greek Australian writers recommend their favourite books

The Greek Herald asked some of the Greek Australian community’s favourite writers for their recommendations on what to read this summer.

You May Also Like

Greek Australian Dialogue Series continues with video conference featuring Haris Siampanis

The Greek Australian Dialogue Series will continue next week with a special video conference held by Haris Siampanis, Chief Executive Officer of the Benaki Museum in Athens.

Kyrgios and Osaka join forces for US Open mixed doubles shake-up

Nick Kyrgios is set to return to the court at this year’s US Open in a high-profile mixed doubles pairing with Naomi Osaka.

Greece abolishes ATM withdrawal fees

From Monday, August 11, banks in Greece will no longer charge fees for cash withdrawals from ATMs operated by Greek lenders.