India, Oct. 4 -- Gold Rush is back for its 16th season, and things are about to get intense. Discovery Channel just locked in the premiere date, Friday, November 7 at 8/7c, with what TV Insider calls the "biggest payday ever." The miners are chasing a staggering $100 million in gold this time, as prices soar and competition hits new levels.

Fans can expect familiar faces in Gold Rush Season 16, as Parker Schnabel, Tony Beets, and Rick Ness will return to the show. But this is not the same crew from last year, and the stakes will be much higher. As the network teased, "Top bosses and rising underdogs collide in a race to claim new ground, move more dirt, and strike it rich."

Parker's back with something to prove. Last season did not go a...