[3] Between 1895 and 1914 the town boomed and contained a number of general stores, three hotels, eight stamp mills and a population of over 3,000.

However the town still attracts fossickers and prospectors who visit the surrounding area, which is particularly rich in minerals such as gold, agate, asbestos, beryl, chalcedony, jade, jasper, tiger's eye and ores of antimony, copper, manganese and tungsten.

A company called BC Iron, which takes its name from the Bonnie creek “paleochannel” system of ancient river beds in the Pilbara region of Western Australia, believes it has a chance of proving up between 200 million and 600 million tonnes of pisolitic (pea-shaped) iron oxide in what was once a diamond exploration location.

The three-stage challenge for BC will be first in proving that it has the ore in the ground, that it is of a quality that Asian steel mills want to buy, and that it can secure a transport route to the coast, and find room at a port for handling exports.

[7] Hammond Innes' 1973 novel Golden Soak was adapted into a six-part television series in 1979, part of which was filmed in Nullagine.