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HISTORY OF GOLD MINING
In 1894, gold turned Rainy Lake City, Minnesota, into a boomtown of several hundred; just 7 years later, it was abandoned after yielding only $4,500A small gold discovery in 1893 near the Canada-Minnesota border sparked a rapid boomtown. Rainy Lake City grew from nothing to hundreds of ...- In the early 1900s, Jerome was a booming mining town of nearly 15,000; after commercial mining ended in 1953, its population fell to roughly 400In the 1880s, Jerome experienced a rapid population increase thanks to lucrative copper mining opportunities. Thousands flocked to this bus...
- In 1799, a boy found a big yellow rock in a North Carolina creek; it was used as a doorstep and his father sold it for $3.50 without knowing it was gold. What happened next changed the fate of one family and North Carolina foreverIn 1799, one bored adolescent boy found a piece of yellow rock at the family farm. The stone, which served as a doorstop for three years at...
- Bitcoin vs Ethereum: Which crypto asset could deliver better returns in the next 12 months?AI is the clearest example. It raises the prospect of a permanent growth breakout, accelerating innovation itself and compressing decade lo...
- In 1850, California became 31st state of United States, more than 170 years later home to Hollywood poses strict challenge to Donald Trump, becomes key US House race to watch in midterm elections 2026California’s proposed admission immediately became part of the national debate over slavery. The territory sought admission as a free state...
- After Adani, Tata feels the heat: Indian firms under fire in Kenya?Kenya’s dispute with Tata Chemicals has revived concerns about Indian businesses in the country after Adani’s exit. But Kenya continues to ...
- In 1906, gold created Skidoo in Death Valley and drew 700 residents; after producing about $1.5 million, the mining town was finally abandoned in 1942In 1906, an accidental gold find near Death Valley led to the establishment of Skidoo. Miners Harry Ramsey and One-Eye Thompson stumbled up...
- In 1905, a copper strike turned Greenwater in Death Valley into a town of 2,000; by 1909, its mines had closed without making a profit, and no ruins remain todayIn the early 1900s, the California desert town of Greenwater emerged almost overnight as copper was unearthed in 1905, drawing prospectors ...
- Meet 22-year-old Princess Ingrid Alexandra, eldest child of Norway’s King Haakon, who could become the country’s first queen in over 600 yearsCrown Princess Ingrid Alexandra, 22, has become Norway’s heir apparent after her father, King Haakon VIII, succeeded King Harald V. Her pos...
- In 1867, gold helped transform South Pass City into a town of about 2,000; by 1870, its population had fallen below 500In 1866, the discovery of gold transformed South Pass City into a bustling hub, attracting prospectors and families eager for wealth. Howev...
- Decoding gold rally: Why yellow metal surged 15% in one month and should bullion be in your portfolio?Gold has staged a sharp 15% rally in August after a volatile start to the year, supported by renewed ETF inflows, strong central-bank buyin...
- In 1898, a Stanford geology student married a young mining engineer and began a life of travel. 30 years later, she became America's First LadyLou Henry Hoover’s journey to the White House was far from ordinary. After becoming the first woman to graduate from Stanford University wi...
- Four-time IPL champion Karn Sharma announces retirement from all formats during UPT20 League 2026Veteran Indian leg-spinner Karn Sharma announced his retirement from all cricket formats. His final professional game will be on Tuesday, A...
- In 1862, silver transformed Aurora in Nevada Territory from a mining camp into a town of about 7,000 people; years later, only about 500 remained, and many mills had been dismantledOnce an empty expanse, Aurora surged into a thriving community of seven thousand within two short years, thanks to promising silver mines. ...
- Gold prices rise for 3rd straight week, hit 3-month high. Can bullion reclaim $5,500 peak?Gold rose 5% this week to nearly $4,603, marking its third consecutive weekly gain, supported by a weaker US dollar, Treasury bond buybacks...
- Gold extends losses, falls to nearly Rs 1.54 lakh/10 gm. Time to buy?Gold prices slipped on the MCX but edged higher internationally as easing Treasury yields supported demand. However, rising oil prices and ...
- Why Africa's richest king is betting big on gold 47 years after 'Gold River' victoryMorocco's King Mohammed VI is backing a $750 million expansion of Managem Group's gold mining operations across Africa. The company aims to...
- Since 2022, Alaska crews have placed more than 1,000 whole trees in a creek damaged by gold mining, helping restore 2.3 miles of salmon habitatResurrection Creek in Alaska has been revitalized into a thriving river thanks to comprehensive restoration efforts. By introducing entire ...
- Latin America used a 30-year mine closure as an unexpected environmental reset; the result transformed the abandoned mining area, allowing vegetation and wildlife to reclaim areas once dominated by extractionSerra Pelada is back in the gold mining conversation, more than three decades after Brazil shut down its legendary open-pit operation. The ...
- From gold rush riches to abandonment: The fascinating story of Montana's ghost town BannackThe discovery of gold in Bannack back in 1862 sent ripples through the region, morphing this quaint settlement into a bustling frontier hub...
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