The Banmolen is a unique water-driven mill located on St Pieterstraat in the town of Valkenburg. The mill dates back to the 11th century, and is considered to be an industrial monument of very high cultural and historic value. The Banmolen was originally used as a corn mill. In more recent times, the mill was converted to use a turbine instead of a water wheel, and was used to generate electricity. The mill is now owned by the Hendrick de Keyser Association of Amsterdam. The mill is currently undergoing some major restoration work.
