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This page contains newspaper articles and information regarding the salvage in the 1980's of Edinburgh's gold bullion click on the link to download a zipped image of the articles.
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| Sunday Times Magazine August 9, 1981 
May 2, 1942: early morning. The cruiser HMS Edinburgh lies in Her death throes in the icy Barents Sea north of Murmansk after a running battle with a U-boat and German Destroyers. Of her crew of 850 all but 60, lying dead aboard, are saved; and minutes later a torpedo from a destroyer in Edinburgh's convoy, QP11, delivers the coup de garce. Down with her dead she takes a secret cargo - five tonnes of Russian gold, Stalin's payment for American weapons. Now, after nearly 40 years entombed in 800ft of water, Edinburgh (an official war grave) is to be disturbed. This week, using the very latest technology, a British attempt will be made to salvage her gold, now worth £40 million. Report By Barrie Penrose......
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The Salvage of The Century By John Gau - The Listener 06 May 1982
..... So for years HMS Edinburgh remained a sort of salvors' Holy Grail - a treasure infinitely desirable but always beyond reach....
.... Finally, on 16 September at 10.48pm, 19 days after the expedition sailed, through the loadspeaker in the control room comes the shout, distorted by helium, but unmistakable, 'I've found the gold, I've found the gold!'....
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.... First Chunk of HMS Edinburgh  By Barrie Penrose - Sunday Times 13 September 1981
.... Just after midday last Wednesday we gathered on Stephaniturm's main deck in an impromptu ceremony to watch the first relic from HMS Edinburgh being hauled out of the icy Artic waters ....
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Treasure at 130 Fathoms By Barrie Penrose - Sunday Times 20 September 1981
.... Visibility at 800 feet beneath the surface of the Barents Sea is virtually nil, and inside the hull of a sunken ship strewn with tangled debris, where silt floats thicker than dust in the water, one piece of metal feels very much like another.... "I've found the gold! I've found the gold!" he shouted over the inter-com linking him with the diving control room far above on the ocean's surface ....
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Russia May Have War Gold By Desmond Wettern - Sunday Telegraph October 12 1980
.... Despite the wreck of the 12,000 ton cruiser Edinburgh being an official war grave which should not be disturbed it is now considered highly possible by salvage experts the Russians have already raised the gold....
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In Search of Warship Gold By Neville Hodgkinson- Daily Mail Worldwide
.... Risdon-Beazley’s cargo recovery manager, Mr Fergus Hinds, said last night that the company had considered attempting to recover the gold in 1953. But the company decided not to because at that time their divers had not gone so deep. It was also not known for certain whether the gold was still there. And there were political considerations ....
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Attempt to Save £50m Bullion From Wreck Daily Telegraph June 1st 1981
Attempts to retrieve gold bullion valued at about £50 million from the wreck of the British cruiser Edinburgh, 10,000 tons, sunk off Northern Russia during the 1939-45 war, are to begin this summer....
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Move To Salvage £50m Gold Diplomatic Staff February 4 1981
A BRITISH company will attempt to salvage more than £50 in gold from the wreck of the cruiser Edinburgh, sunk in the Barents Sea during the 1939-45 war....
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'Let Her Rest In Peace' - Survivors
Sunday Independent September 21 1980
...."I had letters and telegrams from about 200 survivors and from the families of chaps who have since died. And an overwhelming majority, around 80 percent, were quite adamant that the ship should remain as a war grave and be left in peace. It’s a decision I welcome. I wouldn’t like the grave of a close relative to be messed around, and our comrades who are entombed in that ship are entitled to the same protection and respect.” ....
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Correspondance Between Risdon Beazley Ltd to Lieut C.H. Mashford  |