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
2000 Berkshire Hathaway Annual Meeting (Full Version)
Good morning! The first thing I’d like to do is to thank everybody that’s helped us put this on. As you saw in the movie, I think at the time we may have had 45,000 or so people working with Berkshire with 12.8 at headquarters. We’re probably up to about …
Applying the chain rule and product rule | Advanced derivatives | AP Calculus AB | Khan Academy
What we’re going to do in this video is try to find the derivative with respect to X of (x^2 \sin(X)) all of that to the third power. And what’s going to be interesting is that there are multiple ways to tackle it. I encourage you to pause the video and …
15 Steps to GET RICH (Ultimate Guide)
You are watching the Sunday motivational video: 15 steps to get rich. Welcome to a Luxe Calm, the place where future billionaires come to get inspired. If you’re not subscribed yet, you’re missing out! Hello, Alex Aires! We are glad to have you here with…
Shifts in demand for labor | Microeconomics | Khan Academy
We are now going to continue our study of labor markets, and in this video we’re going to focus on the demand curve for labor. So, let’s imagine that we’re talking about a market for people who work in the pant-making industry. So each of these firms righ…
Multiplying whole numbers by 10 | Math | 4th grade | Khan Academy
Multiplying by 10 creates a really neat pattern with numbers, so let’s try a few out and see if we can discover the pattern. Let’s try to figure it out. We’ll start with one that maybe we already know. Let’s start something like 2 * 10, and maybe we know …
Photosynthesis | Energy and matter in biological systems | High school biology | Khan Academy
Hey everybody! Dr. Sammy here, your friendly neighborhood entomologist. Today, we’re going to talk about photosynthesis. There’s very little life on this planet that could exist without photosynthesis. It is the prerequisite for pretty much everything yo…