At the bottom of a long-abandoned mine that supplied the gold for Britain's royal family wedding rings, the search for rare Welsh gold is back on as gold prices hit fresh highs in the turmoil of US trade tariffs. The Clogau St David's mine was flooded until its latest licence-holder, Alba Mineral Resources, spent months pumping out water to begin operations. "Welsh gold has a premium, mainly because it's so rare," says chief operating officer Mark Austin.
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00:00and that's what you see the majority here there's white material here the bulk of it
00:26it's going to be quartz
00:32Welsh gold has a premium mainly because it's so rare it's only the only gold that's been produced
01:01now at the moment in the UK there was some gold coming from Scotland but that's now stopped
01:06and there's also the premium is linked to the association of the clock eye gold specifically
01:15with the royal family they were gifted a lump of gold in the 1920s and from that they've shaved
01:23gold to make their wedding rings
01:25oh yeah
01:45so
01:52you
01:54you
01:56You