Are there any prosperous gold mines left in California?



  1. 0 Votes

    Several gold mining companies in California have recently been trying to reignite what was a dying industry. The California gold mining industry died down after World War II, but there are several mining companies that have come into operation within the past several years in order to take advantage of soaring gold prices. Among them are Sutter Gold, the Briggs Mine, the Lincoln Mine, and the Mesquite Mine.

    As for the prosperity of the mines, Sutter Gold estimates that within its land holdings lie $800 million worth of gold. In 2010, the Mesquite Mine produced nearly 170,000 ounces of gold, shattering industry estimates.

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