Coober Pedy Stocks List
Symbol | Grade | Name | % Change | |
---|---|---|---|---|
SRZ | B | Stellar Resources Ltd. | 6.25 | |
MEU | C | Marmota Ltd | 0.00 |
Related Industries: Industrial Metals & Minerals
- Coober Pedy
Coober Pedy is a town in northern South Australia, 846 km (526 mi) north of Adelaide on the Stuart Highway. In the 2016 Census, there were 1,762 people in Coober Pedy (State Suburbs). Of these 962 were male and 801 were female. There were 302 Aboriginal and/or Torres Strait Islander people that made up 17.1% of the population. The town is sometimes referred to as the "opal capital of the world" because of the quantity of precious opals that are mined there. Coober Pedy is renowned for its below-ground residences, called "dugouts", which are built in this fashion due to the scorching daytime heat. The name "Coober Pedy" comes from the local Aboriginal term kupa-piti, which means "boys' waterhole".The first opal was found in Coober Pedy on 1 February 1915; since then the town has been supplying most of the world's gem-quality opal. Coober Pedy today relies as much on tourism as the opal mining industry to provide the community with employment and sustainability. Coober Pedy has over 70 opal fields and is the largest opal mining area in the world.
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