Berliner Boersenzeitung - California's wet winter sparks a new gold rush

EUR -
AED 4.309508
AFN 80.781552
ALL 97.370238
AMD 450.366626
ANG 2.099834
AOA 1075.906156
ARS 1493.577732
AUD 1.787447
AWG 2.114267
AZN 1.992805
BAM 1.952188
BBD 2.367829
BDT 143.364713
BGN 1.952329
BHD 0.442219
BIF 3495.36185
BMD 1.173289
BND 1.498347
BOB 8.104004
BRL 6.480538
BSD 1.172735
BTN 101.293563
BWP 15.672998
BYN 3.837915
BYR 22996.462534
BZD 2.355651
CAD 1.604777
CDF 3389.631588
CHF 0.934763
CLF 0.02842
CLP 1114.917818
CNY 8.393689
CNH 8.411755
COP 4779.697409
CRC 592.012089
CUC 1.173289
CUP 31.092156
CVE 110.060402
CZK 24.533945
DJF 208.624842
DKK 7.46403
DOP 71.159234
DZD 151.879696
EGP 57.556817
ERN 17.599334
ETB 161.755051
FJD 2.631393
FKP 0.867546
GBP 0.871625
GEL 3.179596
GGP 0.867546
GHS 12.255322
GIP 0.867546
GMD 84.476756
GNF 10174.259906
GTQ 9.000345
GYD 245.355985
HKD 9.208634
HNL 30.708568
HRK 7.52688
HTG 153.897845
HUF 396.170405
IDR 19162.858366
ILS 3.941828
IMP 0.867546
INR 101.596378
IQD 1536.257255
IRR 49410.122829
ISK 142.109196
JEP 0.867546
JMD 187.764954
JOD 0.831839
JPY 173.465486
KES 151.587053
KGS 102.431291
KHR 4699.3842
KMF 491.018813
KPW 1055.939086
KRW 1621.743342
KWD 0.358193
KYD 0.977287
KZT 636.549394
LAK 25280.220587
LBP 105077.009581
LKR 353.955029
LRD 235.135898
LSL 20.673245
LTL 3.464417
LVL 0.709711
LYD 6.329315
MAD 10.53291
MDL 19.719678
MGA 5170.49843
MKD 61.446298
MMK 2463.337809
MNT 4208.926987
MOP 9.482154
MRU 46.640291
MUR 53.278618
MVR 18.06468
MWK 2033.563021
MXN 21.77775
MYR 4.957132
MZN 75.043516
NAD 20.672658
NGN 1792.985054
NIO 43.160502
NOK 11.926793
NPR 162.072168
NZD 1.953398
OMR 0.451131
PAB 1.17273
PEN 4.170183
PGK 4.931916
PHP 67.069862
PKR 333.201931
PLN 4.251356
PYG 8783.783609
QAR 4.287729
RON 5.07354
RSD 117.096602
RUB 93.420739
RWF 1695.184842
SAR 4.401525
SBD 9.72081
SCR 17.225578
SDG 704.555754
SEK 11.188583
SGD 1.502572
SHP 0.922021
SLE 26.927338
SLL 24603.28632
SOS 670.268281
SRD 42.931228
STD 24284.711468
STN 24.454956
SVC 10.260969
SYP 15256.139553
SZL 20.655778
THB 37.993446
TJS 11.141032
TMT 4.118244
TND 3.418275
TOP 2.747962
TRY 47.583823
TTD 7.970218
TWD 34.613183
TZS 3006.554009
UAH 48.99736
UGX 4208.212974
USD 1.173289
UYU 46.903408
UZS 14967.303972
VES 141.115448
VND 30669.771971
VUV 140.181839
WST 3.211864
XAF 654.753791
XAG 0.030178
XAU 0.000351
XCD 3.170872
XCG 2.113589
XDR 0.814304
XOF 654.748221
XPF 119.331742
YER 282.703684
ZAR 20.81428
ZMK 10561.013911
ZMW 27.352503
ZWL 377.798549
  • CMSC

    0.0000

    22.43

    0%

  • RBGPF

    7.0000

    75

    +9.33%

  • BTI

    0.2500

    52.62

    +0.48%

  • SCU

    0.0000

    12.72

    0%

  • GSK

    0.2000

    38.23

    +0.52%

  • RYCEF

    -0.2600

    13.24

    -1.96%

  • RELX

    0.6200

    53.71

    +1.15%

  • VOD

    0.2200

    11.52

    +1.91%

  • NGG

    -0.4200

    72.23

    -0.58%

  • RIO

    -0.7900

    63.83

    -1.24%

  • AZN

    0.6800

    73.68

    +0.92%

  • BCE

    -0.1700

    24.43

    -0.7%

  • SCS

    -0.1700

    10.51

    -1.62%

  • CMSD

    -0.0400

    22.85

    -0.18%

  • BCC

    -1.9200

    86.43

    -2.22%

  • JRI

    -0.0600

    13.15

    -0.46%

  • BP

    -0.5800

    32.13

    -1.81%

California's wet winter sparks a new gold rush
California's wet winter sparks a new gold rush / Photo: Frederic J. BROWN - AFP

California's wet winter sparks a new gold rush

Albert Fausel has been scouring the rivers of Placerville, California for decades in search of gold. But the task has never been easier, nor the haul bigger, thanks to recent torrential rains.

Text size:

"This year, there's a lot of new spots" to find gold, says Fausel, clad in a wetsuit and snorkel, standing up to his knees in water.

Less than 10 minutes into a recent visit by AFP, Fausel -- diving with a small shovel to dig a crevice at the bottom of the riverbed -- resurfaces with proof.

Among the mix of clay and sand emptied onto a plastic tray, unmistakable shiny particles glitter brightly under the strong midday sun.

"Mother Nature has done a great job with all this flooding," he said.

While his search near the shoreline has yielded "a small amount of gold," he predicts that closer to the middle of the river, "there's probably going to be a lot larger, bigger, heavier pieces."

Fausel collects his bounty with a tool that resembles a suction pump, before adjusting his snorkel and disappearing back into the water.

- 'Flood gold' -

California is emerging from an unusually wet winter, with near-record rainfall.

A series of atmospheric rivers -- high altitude ribbons of moisture -- chugged into the western United States, dousing a landscape that had been baked dry by years of below-average rain.

In Northern California, those downpours triggered scenes reminiscent -- if on a far smaller scale -- of the original Gold Rush that transformed this region in the 19th century, when thousands of miners arrived in search of El Dorado.

"Now, we're talking about flood gold," said Barron Brandon, a geologist and foreman of the Cosumnes River Ranch.

Heavy rainfall creates powerful currents in the river that "wash" the banks, loosening particles of mud and gold, which are then carried downstream to be scooped up by lucky miners.

The river acts "like a big sluice box... just on a very grand scale," said Brandon, who also pans for gold in summer as a hobby.

"The real gold is just being out here," he added, smiling as he takes in the landscape of blue and green hues, soundtracked only by the gushing flow of the water.

- Gold fever -

Placerville -- around 40 miles (70 kilometers) from California's state capital Sacramento -- relies heavily on tourism, most of which is themed on its golden history.

Through the small city runs a road called the "El Dorado Freeway." Stores with names like Ancient Gold Jewelers, Gold Country Artists Gallery and Gold Insurance Solutions dot the street.

In one toy store, plastic mining helmets and miniature panning trays take up half of the display space.

A hotel on the main street maintains the aesthetics of the original Gold Rush, with 19th-century furniture and photographs from that bygone era.

A hardware store run by Fausel sells a wide range of mining and panning tools, such as sluice boxes and metal detectors, as well as brightly painted souvenir "gold seeds."

But Fausel is not worried about a tide of outsiders invading the region in a new wave of gold fever.

"Come out to California. Give yourself a chance to find some gold," he urged. "It's out here for everybody. But follow all the rules."

- 'Very, very rich' -

Mark Dayton, a local treasure hunter with millions of views on his YouTube channel, says many of his followers have heard about the rains and are on their way.

He traces the public's widespread fascination with striking gold to many children's love of tales about pirate booty.

"There's so many movies like 'Indiana Jones' and all those movies, 'Pirates of the Caribbean' -- they all pull at the heartstrings of treasure," he said.

One of Placerville's main attractions is the Gold Bug Park and Mine, while draws visiting school groups.

"Kids are always interested about the gold... California was built on gold," said Pat Layne, an 80-year-old volunteer guide who worked in gold mining for decades.

"What we try and get across to them is the true history, not the Hollywood version of the Gold Rush," he added.

Standing next to a tributary of the river that borders the now-defunct mine, Layne describes to visitors how there were once "hundreds of miners right here in this creek, right where we're standing, working, panning gold."

"It was very, very rich here... gold was delivered to the creeks by Mother Nature over millions of years."

This winter's huge amount of rain has helped to recreate those conditions, on a much briefer and accelerated scale.

When "the water moves, the gold moves," he said.

(A.Lehmann--BBZ)