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natural resources
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natural resources - events

1545Spain, PeruAn Aymara servant of the Spanish conquistador Diego Gualpa discovers great quantities of silver in a mountain at Potosí (modern Bolivia); mining begins and the surfeit of silver suddenly available to Spain promotes a ‘Price Revolution’ in Europe and speeds the onset of a world economy.
9 September 1847USAGold is discovered in California and leads to the first ‘gold rush’.
24 January 1848USAThe US prospector James Marshall discovers gold in the millrace at Sutter's Mill on the American River near Sacramento, California.
28 August 1859USAUS engineer Edwin Drake drills the world's first oil well, at Titusville, Pennsylvania. Drilled to a depth of 21 m/69 ft, it produces 1,818 l/400 gal per day. His success, coinciding with a growing demand for oil products, especially kerosene, leads to further drilling.
21 May 1916United KingdomThe British government introduces British Summer Time. The clocks are put forward one hour to help save valuable resources such as coal during wartime.


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