People kept coming, generally there was gold in the riverbeds, around the other hand was getting difficult to extract the program. Panning was not yielding much gold. It seemed being a losing battle because the gold reserves seemed being depleting very fast. Other advanced techniques of mining started to become explored.
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Another factor contributing towards shortage can be an increased call for copper and lead from China. Yes, something else we can blame China for - along with contaminated seafood, pet food, toothpaste, toys, and so on.