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Short History Of Mining For Gold In America

By Jack Wogan

If you say gold rush or gold mining, it is inevitable to think about the USA. Looking for gold was something really popular in the past and still is, since America is on the fourth place in the world in what concerns the production of the precious metal. The only nations the precede it are Australia, South Africa and China. You can practically say that each American state has its own history of gold rushes. But they all have something in common, people’s desire to get rich.

From one corner to the other, American states were like heaven for those who wanted to invest their efforts in the hope of getting good profits. Even in states like Alaska, soon after USA got it from Russia, the precious metal was discovered. But when talking about this topic it is almost impossible not to mention Nevada, California or North Carolina.

You can say that it all begun in 1799, when by mistake a young boy found a big rock while playing. He and his family were unaware of what they had discovered. Soon after they found that the rock was extremely precious, the news spread and more and more people became interested in purchasing land in the area. The same thing happened to the founder of North Carolina Gold Mining Company, William Thornton. The real rush begun only when another discovery was made, the fact that there were rich gold deposits underground. However, because of the primitive way of mining, most of the precious metal was wasted.

Nevada begins its gold mining history a few years later than North Carolina. But the deposits they discovered there were really rich. Even nowadays, Nevada is the state where almost 80% of the American gold is produced. Going to Nevada one feels like something pushes him to try his luck, to try to find a way to become extremely rich. That is why most of those who are a little bit more tempered, and do not rush in the middle of the desert looking for gold nuggets, prefer Las Vegas. Moreover, business people choose to invest in one of the safest markets possible and buy gold. It seems that almost all the time new deposits of the yellow metal are discovered, and areas like Jerrit Canyon and Carlin Trend make mine owners very rich.

But before finding the precious metal in Nevada, those who stopped there were heading towards California. The Californian Mountains are very rich in gold, especially due to the structure of the plates in the area. Like in other cases, the deposits were not exhausted and there are still mines that are very prosperous.

The easiest and most common way to buy gold is by investing in small bars and coins.

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Article Citation
MLA Style Citation:
Wogan, Jack "Short History Of Mining For Gold In America." Short History Of Mining For Gold In America. 7 Oct. 2010. uberarticles.com. 1 Oct 2014 <http://uberarticles.com/finance/short-history-of-mining-for-gold-in-america/>.

APA Style Citation:
Wogan, J (2010, October 7). Short History Of Mining For Gold In America. Retrieved October 1, 2014, from http://uberarticles.com/finance/short-history-of-mining-for-gold-in-america/

Chicago Style Citation:
Wogan, Jack "Short History Of Mining For Gold In America" uberarticles.com. http://uberarticles.com/finance/short-history-of-mining-for-gold-in-america/


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