Raub is a mining town 43.5 kilometers north of Bentong. The word Raub means �handful�. There was once a lake near the Raub Hole Shaft where it was possible to dive to the bottom, grab a handful of mud, bring it to the surface and pan gold from it. In the days when Malays paid tribute to Siam, the tribute always included several small baskets of gold. This gold usually came from the Raub district. Thus Raub had been the centre of gold-mining operations from ancient times
Gold was produced in some quantity prior to the conquest of Malacca in 1511 and this led to the country being named the Golden Chersonese. Until the advent of an Australian syndicate in 1889 the depth of workings was limited to less than about twenty kilometers. In 1888, there was a strife between the two claimants to the mining rights, Raja Imbi and Syed Mohammed Alsagoff. Then an Australian prospector named Sefton purchased the concessions from Raja Imbi. In 1889, the late W. Bibby came from Australia with a small party of expert mining men, and took over on behalf of the Raub Australian Gold-mining Syndicate.
In the early nineties, there was nothing but swamp and jungle in Raub. The only evidence of mining was the old Raub Hole. Today, gold is no longer mined in Raub and the town has a dwindling population.