yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

This 18th Century Gold Rush Changed How the World Pans for Gold | National Geographic


less than 1m read
·Nov 11, 2024

Gold is the most powerful metal on earth, and Russia is one of the world's leading suppliers of it. It all began in 1745 when a peasant named Tiara Fade Markov, while looking for crystal, found something else: a tiny gold speck inside a piece of quartz. His discovery changed the history of Russia and the world.

Three years after Markov found the first gold, mines like these popped up all over this region. It was grueling work to get an ounce of gold; miners had to cut, grind, and wash more than 7 tons of raw ore. For the next 66 years, this was the only way to extract gold in Russia until Leo Bruce Nielsen made a revolutionary discovery.

A son of a gold miner, Verse Nielsen discovered that gold flecks also existed in the sediment of local riverbeds. He then developed an ingenious panning technique based on a simple principle: Gold is heavier than rock and sand, and if washed properly, it will sink to the bottom of a pan. By 1816, only two years later, half of all gold in Russia was obtained using Persson's method.

Because it was now accessible to everyone, people from all over Russia flocked here to get rich quick, and so the Russian gold rush began. It wasn't long before Persson's method caught on around the world. In 1848, gold was discovered at Sutter's Mill in California, and Russian teams even came out to teach the Americans how to pan for it.

So you could say that without the Russian gold rush, the American gold rush might never have happened. [Music]

More Articles

View All
Regional climates | Weather and climate | Middle school Earth and space science | Khan Academy
What’s the weather usually like in the winter where you live? If you asked someone in Fairbanks, Alaska, they might describe below-freezing days and navigating through huge drifts of snow. If you asked someone else in Miami, Florida, they might tell you t…
Want to Get SUPER Rich? Sacrifice These 17.
When you see millionaires and billionaires in the world’s wealthiest people, you have to be 100% sure that they reached this financial status as a result of sacrifices. Every one of them gave up a lot to get to where they are today. Sacrifice is what sets…
Are Real Estate Prices about to Collapse?
What’s up guys, it’s Graham here. So for anyone who’s seen my previous videos, you know there’s very few things I love more than iced coffee, homemade avocado toast, and telling everyone to smash that like button if you haven’t done that already for the Y…
Growth Hacks Rich People Use All The Time
Everyone’s got access to growth opportunities, but not everyone takes them. The main reason they fail to do so is because they’re just not aware of them. It’s really easy to miss something you’re not actually looking for. By the end of this video, you’ll …
Google Photos Product Lead and Bump Cofounder David Lieb with Gustaf Alströmer
Welcome to the podcast! Guests: Hey, thanks! Thank you so much. So today we have David Liebe. He is a product director at Google, specifically for Google Photos. What some people might not know is you are also a co-founder of Bump, and Bump was one of t…
Importance of Data Security | Internet safety | Khan Academy
I’m going to make a bold prediction. You probably don’t like people stealing your identity, which allows them to steal your money or maybe tell the whole universe what you’re up to, and being able to track you and your family and compromise your security…