One of a number of Goblin rebellions throughout the history of the Wizarding community in Britain. This particular rebellion was handled poorly by two successive Ministers for Magic, Albert Boot and Basil Flack, both of whom resigned in 1752. As the tumultuous year progressed, werewolves joined the goblins in rebellion. The uprising was eventually suppressed by Hesphaestus Gore, an Auror, who took office as Minister for Magic late in 1752 (Pm).
We have no indication of how long it took Gore to put down the rebellion. The goblin rebel leader Vargot was killed in battle in 1762 (JKR-W3). This may have been the final blow which ended the uprising, but may have also been a separate incident.