Historic California Gold Mine Looks To Reopen As Gold Prices Remain High

Historic California Gold Mine Looks To Reopen As Gold Prices Remain High

The historic Idaho-Maryland gold mine in Grass Valley, CA is looking to reopen due to the continued high value of gold. The mine on the verge of reopening pending county approval over the objection of many local residents and businesses. 

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#GoldMining #Mining #California


  1. B. L. on June 30, 2023 at 9:12 am

    Why would anyone ever open this mine? The County needs to look at the financial stability of the firm. What specific projects has this firm developed? Why is the engineer speculating on anything. Either you know or you don’t. This is the wrong place to open this mine. The promise of jobs will never pan out for this mines. That’s pure speculation too. Its all one Big Shell Game – to impress the County Board of Supervisors. Inflate numbers, get Investors, win a project, be bad neighbors. Leaving the community with the end result — an environmental disaster relating to cleanup costs. Either the BOS votes against this – or the BOS is voted out!

  2. New Moon on June 30, 2023 at 9:12 am

    The guy comparing Gold to Crypto is really stretching logic.

    Gold is a finite resource that used in a lot of high technology for practical reasons. Including the James Webbs Telescope.

    Cryptocurrency is a bunch of zero’s and one’s not really useful for anything practical other than representing a specific order in which they are laid out. It’s a fundamental building block of nothing except misplaced hopes. 🤡

  3. Ernest knox jr on June 30, 2023 at 9:14 am

    Jus keep destroying the Earth why don’t U

  4. J Nolette on June 30, 2023 at 9:15 am

    Open the mine!

  5. Mir Mir on June 30, 2023 at 9:20 am

    WSOS The higher the temperature, the more the oceans will evaporate, then there will be more humidity and more precipitation, the desert will decrease plants regarding moisture and carbon dioxide will grow faster, the history of the earth is such that if global warming was antiquity, then it was a paradise for the biosphere,. .and when global cooling was then the evaporation of the oceans would decrease and precipitation would decrease, the desert would increase, this would collapse for the biosphere.The largest desert Antarctica, the hottest place the rainforests.

    Read the history of the earth, ancient times in global warming for the biosphere was a paradise. For plants, food is carbon dioxide, the more carbon dioxide, the more plants and more animals, carbon dioxide is not evil but good, without carbon dioxide there would be no life, that’s a fact!.

  6. Empirical Wizard on June 30, 2023 at 9:21 am

    Bring on the greivance grifters, self-appointed stakeholders, and outside agitator environmental whackos, and progress wallows stuck in a dynamic quagmire morass of squabbling lunatics.

  7. Johnny on June 30, 2023 at 9:23 am

    its like the good town folk dont realize what our countries debt sits at.

  8. Tony on June 30, 2023 at 9:23 am

    Get some coal out on the way

  9. Mattamuskeet on June 30, 2023 at 9:25 am

    Comparing physical gold to crypto is completely idiotic.

  10. wambulance on June 30, 2023 at 9:26 am

    Rise golds’ CEO Ben Mossman is still evading the last ecological disaster he caused in his home country of Canada. He’s as dirty as they come.

  11. California Republic on June 30, 2023 at 9:28 am

    Crypto like the US Dollar is based on faith, Gold has actual uses and is a marketable commodity.
    The “slave” comments predate the Gold Rush so the “native” needs a history refresher.

  12. Spiral Namikaze on June 30, 2023 at 9:28 am

    It’s a great conductor of electricity for chips as well.

  13. Mary Bennett on June 30, 2023 at 9:30 am

    That mine sits around a residential community. NO to mining and losing our water quality. Grass Valley board of supervisors will have a battle on their hands if they approve a dirty mine operation from a operator from Canada. There is a new housing development in the works less than a mile away. Traffic, Noise and pollution.

  14. single foster dads Single Foster Dad on June 30, 2023 at 9:31 am

    I hope the American Indians going to get a cut you don’t close something down for a little while wait for a generation or two to leave and then don’t respect the American Indians

  15. Dean W on June 30, 2023 at 9:32 am

    They didn’t even mine 10 percent of of the gold in the ground.

  16. jen monami on June 30, 2023 at 9:34 am

    Its like fossile oil for climate by the Dems. California is so out of touch by far lefty brainwash.

  17. dAn on June 30, 2023 at 9:34 am

    $3,000 an ounce is coming! 😆

  18. Captain Crunch on June 30, 2023 at 9:35 am


  19. Dean W on June 30, 2023 at 9:36 am

    Even during all the gold rushes theirs still 90 percent still in the ground 9 times more than all the gold rushes put to gather. Who ever said they found it all isn’t a goldminers at all.

  20. undertow on June 30, 2023 at 9:38 am

    It’s funny that they think they’ll stop the money making. Capitalism > everything

  21. Mike Finn on June 30, 2023 at 9:39 am

    I may be the only one, but I hope greed doesn’t win again. There is little "need" for more gold other than for someone to make a profit. If I was the mayor, I would restrict the use of the public streets for any and all mining related business and put in place noise and air quality ordinances.

  22. AbbeyL on June 30, 2023 at 9:41 am

    Waiting for the many wild critters, like rattlesnakes, to take a bite of of foolish crime.

  23. B on June 30, 2023 at 9:42 am

    its worth more than the usd raw minerals go up in value when economies do poorly

  24. straightarrow372 on June 30, 2023 at 9:43 am

    I like the analogy to crypto currency. I’m glad they don’t put it in teeth any more, so I’m not at risk of having dental work stolen

  25. Dean W on June 30, 2023 at 9:43 am

    Crypto currency is on a downward spiral.

  26. All praise Jah on June 30, 2023 at 9:45 am

    State of Jefferson!

  27. Selow Hgts on June 30, 2023 at 9:48 am

    Why are they worried about arsenic in their drinking water? lol. The GOP has virtually said arsenic doesn’t hurt anyone and has lifted all restrictions on it. Drink up, MAGAts

  28. G$MG QUEEN 👑 on June 30, 2023 at 9:49 am
  29. He Who Knows on June 30, 2023 at 9:51 am

    Gold is worth everything, you wouldn’t have computer chips without it, just for starters… Humans will never give up money, so, humans will never stop doing whatever they can to earn it, print it, govern it, spend it, invest it.

  30. Dean W on June 30, 2023 at 9:51 am

    California is bankrupt.

  31. Scott Barnum on June 30, 2023 at 9:52 am

    Mine on!

  32. Charlie Swearingen on June 30, 2023 at 9:54 am

    Everyone wants modern living conditions, an iPhone, computers, and cars, but only if it comes from third-world countries. We no longer live in the nineteenth century, and the world is too dangerous to rely on our enemies for the natural resources we require…

  33. Dean W on June 30, 2023 at 9:54 am

    If they don’t like people telling them what to do on their land.They shouldn’t tell people who owns gold mines what to do.

  34. MA Wizard on June 30, 2023 at 9:54 am

    Uh. Gold has value. It’s not just pretty. It’s used in all the equipment used to make this video.

  35. Third Eye on June 30, 2023 at 9:57 am

    You can’t see it from space. Also, you can’t see the Great Wall from space either.

  36. CryptoRAM 420 on June 30, 2023 at 9:58 am

    gold mines are dirty way worst than NFT’s

  37. TheKindDoc on June 30, 2023 at 9:58 am

    I think that without magic our brilliant scientists are going to figure out how to transmute lead to gold, and as with diamonds when we better master the process, it is suddenly going to be devoid of value when it becomes a high school lab experiment to create gold and laugh about how people in the past would have given anything for this easily creatable substance.

  38. Dan Boyd on June 30, 2023 at 9:59 am

    Same with oil. A lot of well reopened with oil so high.

  39. Anar Kist on June 30, 2023 at 10:00 am

    gold and silver should be seen as an strategy to hold some value if one of these days the system breaks down and all the servers froze out

    no body wants to end up outside of the local bank in a endless line with a bunch of useless paper/piece of useless plastic(cards) Waiting for an answer they wont have

  40. Eric Norgren on June 30, 2023 at 10:01 am

    Really, is Hillary going to actually payoff Trumps campaign media debt, is Trump that far in the bankruptcy hole that Hillary’s email server is gonna bail Trump out?

  41. Orda Khan on June 30, 2023 at 10:01 am

    This can’t have anything to do with Russia tying Gold to the rouble…

  42. JonD on June 30, 2023 at 10:01 am

    That’s cool. We’ll just get our gold and silver from slave miners in the Congo so we can keep the cost low. No big deal at all.

  43. islam on June 30, 2023 at 10:04 am

    Who is God in Islam ?
    Muslims believe that God has no partners or associates who share in His divinity or authority and that God is transcendent, unlike His creations, and thus has no physical form. Nor is God believed to exist in (or be represented by) any material object. A number of divine attributes or “names,” which serve to describe God, are found in the Qur’an. Some commonly known attributes include the Most Merciful, the Most Forgiving, the Most High, the Unique, and the Everlasting, among others…………………..

  44. Lucky Baldwin on June 30, 2023 at 10:04 am

    Gold IS NOT a crypto currency. When you buy gold you actually get some metal, a tangible good. With crypto currency all you’re buying is a fart in the wind.

  45. Tim Burner on June 30, 2023 at 10:04 am

    Is that environment friendly? Thought California was better then that lol ok i lied

  46. vance jones on June 30, 2023 at 10:06 am

    Wrong, that mining would be huge.

  47. Eric Norgren on June 30, 2023 at 10:06 am

    II may also be due to transferable gold shortages in the chip and electronics manufacturing industry which is the primary conductive material for multi layered circuitry, but all that gold is basically locked off the market as smaller recoverable electronic quantities are traded. Also given the requirements for "Intel Corp" to open a new chip manufacturing facility in the US. reopening gold mines would make sense as a strategic mineral for a variety of tech industries. I remember the gold rush of the 80’s when the value or price of gold skyrocketed over $800.

  48. Me on June 30, 2023 at 10:08 am

    Gold _isn’t_ like crypto at all! Gold has an intrinsic value based on a finite rarity. Crypto is based on pure speculation and hype.

  49. Brian the Red on June 30, 2023 at 10:08 am

    Most of Earths gold has not been mined. Most of earth’s gold is molten in the middle of the earth.
    2nd point, gold, crypto and currency are all very different things. Equating gold to crypto shows a vast knowledge deficit of understanding.

  50. Samanthwalter Archie on June 30, 2023 at 10:10 am

    Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got talking about investment and money. I started investing with $120k and in the first 2 months , my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and gets more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.

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