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. Mike Finn on December 31, 2022 at 4:44 pm

    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.

  2. Eric Norgren on December 31, 2022 at 4:45 pm

    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.

  3. dAn on December 31, 2022 at 4:46 pm

    $3,000 an ounce is coming! 😆

  4. Lucky Baldwin on December 31, 2022 at 4:47 pm

    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.

  5. Tony on December 31, 2022 at 4:48 pm

    Get some coal out on the way

  6. Tėxt me ± ①⑦⑦②⑦⑧③⑧①⓪⑥ on December 31, 2022 at 4:48 pm

    I came here to learn how to invest after listening to a
    guy on radio talk about the importance of investing and
    how he made $460.000 in 4 months from $160k,
    somehow this video has helped shed light on some
    things, but I’m still confused, I’m a newbie and I’m
    open to ideas.

  7. Single Foster Dad on December 31, 2022 at 4:48 pm

    that gold mine belongs to the American Indian

  8. Brian the Red on December 31, 2022 at 4:49 pm

    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.

  9. straightarrow372 on December 31, 2022 at 4:49 pm

    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

  10. islam on December 31, 2022 at 4:50 pm

    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…………………..

  11. All praise Jah on December 31, 2022 at 4:51 pm

    State of Jefferson!

  12. Third Eye on December 31, 2022 at 4:52 pm

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

  13. Orda Khan on December 31, 2022 at 4:52 pm

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

  14. MA Wizard on December 31, 2022 at 4:55 pm

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

  15. Spiral Namikaze on December 31, 2022 at 4:55 pm

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

  16. AbbeyL on December 31, 2022 at 4:56 pm

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

  17. Anar Kist on December 31, 2022 at 4:56 pm

    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

  18. B. L. on December 31, 2022 at 5:00 pm

    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!

  19. Robert Wolfe on December 31, 2022 at 5:02 pm

    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. Robert Wolfe on December 31, 2022 at 5:03 pm

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

  21. Dan Boyd on December 31, 2022 at 5:05 pm

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

  22. Mary Bennett on December 31, 2022 at 5:08 pm

    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.

  23. Ernest knox jr on December 31, 2022 at 5:09 pm

    Jus keep destroying the Earth why don’t U

  24. Mattamuskeet on December 31, 2022 at 5:10 pm

    Comparing physical gold to crypto is completely idiotic.

  25. Selow Hgts on December 31, 2022 at 5:12 pm

    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

  26. jen monami on December 31, 2022 at 5:13 pm

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

  27. New Moon on December 31, 2022 at 5:14 pm

    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. 🤡

  28. G$MG QUEEN 👑 on December 31, 2022 at 5:16 pm
  29. CryptoRAM 420 on December 31, 2022 at 5:17 pm

    gold mines are dirty way worst than NFT’s

  30. J Nolette on December 31, 2022 at 5:17 pm

    Open the mine!

  31. Eric Norgren on December 31, 2022 at 5:18 pm

    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?

  32. California Republic on December 31, 2022 at 5:20 pm

    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.

  33. He Who Knows on December 31, 2022 at 5:20 pm

    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.

  34. B on December 31, 2022 at 5:20 pm

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

  35. Holly Rose on December 31, 2022 at 5:22 pm

    This is my community. Great story. He said it all: water is everything. We do need jobs but not at the expense of everything else that makes this area special and beautiful.

  36. vance jones on December 31, 2022 at 5:24 pm

    Wrong, that mining would be huge.

  37. Me on December 31, 2022 at 5:25 pm

    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.

  38. gary prater on December 31, 2022 at 5:28 pm

    Here’s something very interesting 🤔

    YouTube: Suvi’sJournalism – Russia Sanctions TRAVEL WARNING//DON’T GET CHOP MARKED $100 US BILLS

  39. Johnny on December 31, 2022 at 5:30 pm

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

  40. undertow on December 31, 2022 at 5:30 pm

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

  41. Empirical Wizard on December 31, 2022 at 5:32 pm

    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.

  42. Single Foster Dad on December 31, 2022 at 5:32 pm

    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

  43. wambulance on December 31, 2022 at 5:33 pm

    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.

  44. Noahs Computer on December 31, 2022 at 5:35 pm

    Townsfolk oppose the mine that caused their town to exist in the first place. That makes zero sense.

  45. Freedom First on December 31, 2022 at 5:35 pm

    I never knew why old mines wouldn’t be re-opened again….I mean, given the "mineral finding technology" of the last hundred to hundred and fifty years it stands to think that these mines still could hold vast amounts of material inside and with better technology I’m sure profitable too.

  46. TheKindDoc on December 31, 2022 at 5:35 pm

    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.

  47. Tim Burner on December 31, 2022 at 5:37 pm

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

  48. Robert Wolfe on December 31, 2022 at 5:39 pm

    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.

  49. Mir Mir on December 31, 2022 at 5:39 pm

    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!.

  50. Michael Frankowiak on December 31, 2022 at 5:41 pm

    I would invest in this mining operation

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