Latest news with #MichelDupont
Yahoo
27-05-2025
- Business
- Yahoo
Brickbat: Struck Gold
Michel Dupont, a farmer from France's Auvergne region, discovered a massive gold deposit worth about £3 billion ($3.41 billion) in a stream on his farm while out for a walk, but he won't receive any money from it because French law says underground resources belong to the state, not the landowner. The gold, found in an area historically known for mining, was reported to authorities, and a state-owned company is now set to mine it, leaving Dupont with nothing—despite the find being on his property. The post Brickbat: Struck Gold appeared first on
Time of India
23-05-2025
- Business
- Time of India
Farmer discovers 150 tonnes of gold worth over ₹340 crore on his land. The amount he will receive may surprise you
In what could have been a real-life rags-to-riches fairy tale, a French farmer has uncovered a hidden treasure beneath his land—only to be told he can't keep a single cent. The discovery? A staggering $4 billion worth of gold. The twist? A maze of legal and environmental restrictions that have turned Michel Dupont's golden dream into a bureaucratic nightmare. The Sparkle That Changed Everything Michel Dupont, a 52-year-old farmer from France's serene Auvergne region, was on what he called a routine check of his land when he noticed something unusual glinting under a muddy stream. Curious, he dug a little deeper. What he pulled from the earth changed his life—if not his fortune. 'I couldn't believe what I was holding in my hands,' Dupont recalled. What began as a single gold fragment quickly led to the discovery of more and more, until experts estimated that his land held up to 150 tonnes of gold—an amount valued at over $4 billion. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like If you eat ginger every day for a month, your body will experience the following phenomena Tips and Tricks Undo — Ignite_83 (@Ignite_83) A Law as Cold as the Metal It Guards But just as Dupont's heart soared, the crushing weight of legal red tape came crashing down. Despite the treasure lying beneath his own soil, the French government was quick to intervene. Authorities from the Auvergne region declared that any form of extraction would require strict environmental and technical assessments. Until then, Michel is legally barred from mining even a gram of the gold buried beneath his feet. Environmental regulations in France place heavy restrictions on activities that could disrupt ecologically sensitive or culturally significant regions—categories under which Dupont's farmland now unexpectedly falls. The irony is cruel: the very land that provided his livelihood has now become the reason he may never see a cent of his newfound wealth. You Might Also Like: Have scientists just found a new cosmic source of gold? How 'starquakes' might forge the glittering metal Gold vs. Green: The Backlash Begins The discovery has stirred unrest beyond the bureaucratic circles. Environmental activists have voiced strong objections to any proposed mining operations on Dupont's property, warning that the ecological damage and noise pollution would destroy the region's natural tranquility. 'I understand their caution,' Dupont admitted, though his voice carried the unmistakable weight of disappointment. 'It's frustrating to know what's there and be told you can't touch it. But I also love this land—I've worked it all my life. I want to do the right thing.' — MrBeats61134631 (@MrBeats61134631) From Farmer to Billionaire… to Bystander? Dupont's story is more than just one man's unlucky strike of fortune. It raises uncomfortable questions about land ownership, natural resource rights, and how far governments should go to protect the environment—even at the cost of an individual's golden opportunity. As the battle between regulation and riches unfolds, Michel Dupont stands at the crossroads—his boots firmly planted in fields worth billions, his hands empty. For now, the gold stays buried, and so too does the dream. You Might Also Like: People made money in gold, stocks and real estate. Then, why you could not? Akshat Shrivastava has an answer
