RMS Niagara - a famous name and ship once called "the Titanic of the Pacific". Sailing the Pacific route - Sydney, Auckland, Fiji, Honolulu to Canada from 1913, the Niagara was sunk in 1940 in Hauraki Gulf, New Zealand by mines laid by the German raider HSK Orion.
Lost with the ship in a depth of 120 metres was a consignment of 590 gold bars, weighing 8 tonnes, owned by the Bank of England. The bullion was consigned to the United States for the purchase of desperately needed war materials for the defence of Great Britain.
On 2 February 1941 the resting place of the Niagara was located and the salvage team started the arduous and hazardous task of retrieving the gold on behalf of HM Treasury. They were armed only with rudimentary equipment, a viewing/diving chamber, radio, and a grab lowered from the surface.
Williams and his team successfully recovered more than eight tonnes of gold after blasting a hole in the hull of the ship. 555 gold bars were removed, followed in 1953 by a further 30 gold bars, leaving 5 bars still unrecovered in the wreck as of 2011.
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