Goldmine

A goldmine is a rich source of something valuable or advantageous. It's a place where a particular resource or opportunity is abundant, leading to significant profit or benefit. This can apply to literal gold deposits, but also figuratively to fields like business ventures, creative ideas, or even personal connections. The term implies the potential for substantial and continuous wealth or reward, emphasizing a readily available and easily exploited advantage that leads to success. It often suggests an unexpected or previously untapped source of prosperity.

Goldmine meaning with examples

• The new marketing strategy proved to be a goldmine, attracting a huge influx of customers and boosting sales beyond our expectations. The innovative approach quickly became a success generating unprecedented revenue, proving it was an untapped source and a significant advantage to the company. This success made investors delighted.
• Her network of contacts was a veritable goldmine when she launched her own consultancy, opening doors to lucrative contracts. She leveraged her existing relationships to gain contracts for her new business. These contacts were key to securing clients quickly, proving beneficial in securing opportunities which would lead to prosperity.
• That abandoned warehouse turned out to be a goldmine, filled with rare vintage cars that are now worth a fortune. These cars had been forgotten, their value unseen, but now were a source of wealth. These cars were a great profit, making this a significant success, beyond anyone's belief.
• The internet is a goldmine of information, making research incredibly efficient for students and professionals alike. Vast resources make studying simple and effective, with countless avenues for research and study at their fingertips. This information is a source of knowledge which leads to efficient study.
• The unexpected discovery of oil under their land was a goldmine for the impoverished family, providing a sudden transformation of their financial situation. The unexpected finding changed their lives and provided them with financial opportunities. This sudden success helped the family significantly.