Updated 9pm: For updates during the night, please click here.
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UPDATE 7.50pm: A number of vehicles continue to come and go from the mine, but no news has been released about the condition of the trapped people.
Three paramedics and a firetruck left just before 8pm.
UPDATE 7.35pm: Two more ambulances have just arrived at the scene, and the air ambulance has taken off.
UPDATE, 7:20pm: Victorian premier Jacinta Allan has made a statement.
"I'm thinking of every worker and every family who is impacted by this event. Tonight will be a long night for them and for the entire Ballarat community," she said.
UPDATE, 6.50pm: Elite CFA rescue workers are now arriving at the scene, where two people are thought to be trapped.
That likely includes Bendigo's Oscar 1 rescue team, which has been dispatched as a major incident unfolds underground at the Ballarat Gold Mine.
UPDATE: 6:39pm: Air Ambulance has been dispatched to Mount Clear after reports of two people trapped in a gold mine just outside of Ballarat.
Paramedics are on scene after being notified of the incident at around 4:50pm.
EARLIER: Two people are potentially trapped underground at the Ballarat Gold Mine after a collapse, Victoria Police has confirmed.
Emergency crews were called about 4.50pm on March 13, and several emergency services were seen gathering inside the mine office areas including fire and rescue, and paramedics.
Bendigo's Oscar 1 mine rescue team are heading to the scene to assist emergency crews already there.
A hazardous material firetruck was also seen.
Further details are not available at this stage.
"Emergency services are responding to reports of a mine collapse in Mount Clear," police said in a statement.
"There are reports that two people were trapped underground at the Indicator Lane site about 4.50pm.
"The situation is developing and further information will be provided when available."
Ambulance Victoria, Fire Rescue Victoria, and WorkSafe have been emailed for more information.
MORE TO COME