Fairbanks Mining District
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Fairbanks Mining District
The Fairbanks mining district is a gold-mining area in the U.S. state of Alaska. Placer mining began near Fairbanks in July 1902, after Felix Pedro (real name Felice Pedroni), an Italian immigrant and Tom Gilmore discovered gold in the hills north of the Tanana and Chena Rivers in 1901. Pedro died exactly eight years after finding the richest gold placer he would ever know. By 1903 a new rush started, and prospectors staked thousands of claims. However, mining results were disappointing during the summer of 1903, with little gold recovered. Then Dennis O'Shea struck it rich on Fairbanks Creek, No. 8 Above. This was one of the richest claims in the Fairbanks Mining District and paid as high as $136 to the pan (gold @ $20/ounce). Discoveries on Cleary and Ester Creeks followed, and almost two-thirds of the gold mined in the Tanana hills before 1910 came from these three creeks. Total production of gold was more than $30 million. Towns grew on every creek with a combined population ...
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Alaska Mining District
Alaska ( ; russian: Аляска, Alyaska; ale, Alax̂sxax̂; ; ems, Alas'kaaq; Central Alaskan Yup'ik language, Yup'ik: ''Alaskaq''; tli, Anáaski) is a U.S. state, state located in the Western United States on the northwest extremity of North America. A enclave and exclave, semi-exclave of the U.S., it borders the Provinces and territories of Canada, Canadian province of British Columbia and the Yukon territory to the east; it also shares a Maritime boundary, maritime border with the Russian Federation's Chukotka Autonomous Okrug to the west, just across the Bering Strait. To the north are the Chukchi Sea, Chukchi and Beaufort Sea, Beaufort Seas of the Arctic Ocean, while the Pacific Ocean lies to the south and southwest. Alaska is by far the list of U.S. states and territories by area, largest U.S. state by area, comprising more total area than the next three largest states (Texas, California, and Montana) combined. It represents the list of country subdivisions by are ...
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Gold Mining
Gold mining is the extraction of gold resources by mining. Historically, mining gold from alluvial deposits used manual separation processes, such as gold panning. However, with the expansion of gold mining to ores that are not on the surface, has led to more complex extraction processes such as pit mining and gold cyanidation. In the 20th and 21st centuries, most volume of mining was done by large corporations, however the value of gold has led to millions of small, artisanal miners in many parts of the Global South. Like all mining, human rights and environmental issues are common issues in the gold mining industry. In smaller mines with less regulation, health and safety risks are much higher. History The exact date that humans first began to mine gold is unknown, but some of the oldest known gold artifacts were found in the Varna Necropolis in Bulgaria. The graves of the necropolis were built between 4700 and 4200 BC, indicating that gold mining could be at least 700 ...
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Alaska
Alaska ( ; russian: Аляска, Alyaska; ale, Alax̂sxax̂; ; ems, Alas'kaaq; Yup'ik: ''Alaskaq''; tli, Anáaski) is a state located in the Western United States on the northwest extremity of North America. A semi-exclave of the U.S., it borders the Canadian province of British Columbia and the Yukon territory to the east; it also shares a maritime border with the Russian Federation's Chukotka Autonomous Okrug to the west, just across the Bering Strait. To the north are the Chukchi and Beaufort Seas of the Arctic Ocean, while the Pacific Ocean lies to the south and southwest. Alaska is by far the largest U.S. state by area, comprising more total area than the next three largest states (Texas, California, and Montana) combined. It represents the seventh-largest subnational division in the world. It is the third-least populous and the most sparsely populated state, but by far the continent's most populous territory located mostly north of the 60th parallel, with ...
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Placer Mining
Placer mining () is the mining of stream bed (Alluvium, alluvial) deposits for minerals. This may be done by open-pit mining, open-pit (also called open-cast mining) or by various surface excavating equipment or tunneling equipment. Placer mining is frequently used for precious metal deposits (particularly gold) and gemstones, both of which are often found in Alluvium, alluvial deposits—deposits of sand and gravel in modern or ancient stream beds, or occasionally glacial deposits. The metal or gemstones, having been moved by stream flow from an original source such as a vein, are typically only a minuscule portion of the total deposit. Since gems and heavy metals like gold are considerably denser than sand, they tend to accumulate at the base of placer deposits. Placer deposits can be as young as a few years old, such as the Canadian Queen Charlotte beach gold placer deposits, or billions of years old like the Elliot Lake uranium paleoplacer within the Huronian Supergroup i ...
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Fairbanks, Alaska
Fairbanks is a home rule city and the borough seat of the Fairbanks North Star Borough in the U.S. state of Alaska. Fairbanks is the largest city in the Interior region of Alaska and the second largest in the state. The 2020 Census put the population of the city proper at 32,515, and the population of the Fairbanks North Star Borough at 95,655 making it the second most populous metropolitan area in Alaska after Anchorage. The Metropolitan Statistical Area encompasses all of the Fairbanks North Star Borough and is the northernmost Metropolitan Statistical Area in the United States, located by road ( by air) south of the Arctic Circle. Fairbanks is home to the University of Alaska Fairbanks, the founding campus of the University of Alaska system. History Native American presence Athabascan peoples have used the area for thousands of years, although there is no known permanent Alaska Native settlement at the site of Fairbanks. An archaeological site excavated on ...
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Felix Pedro
Felice Pedroni (April 16, 1858 – July 22, 1910), known best to Americans by his Hispanicized alias Felix Pedro, was an Italian immigrant whose discovery of gold in Interior Alaska marked the beginning of the 1902 Fairbanks Gold Rush. Early life Pedro was born April 16, 1858 to a family of subsistence farmers in the small village of Trignano administrated by Fanano. This village is in the Apennine Mountains into the Province of Modena. He was the youngest of six brothers. Pedroni fled home in 1881 following the death of his father. He arrived in New York City and quickly assumed the name Felix Pedro. He traveled to New York City, Ohio, Washington, British Columbia, and the Yukon, working in each place until he earned enough to travel again. Once in Alaska, Pedro panned for gold in the Fortymile, the Piledriver Slough near present-day Salcha, and various other waterways, including the "Lost Creek" in which Pedro and his partner Tom Gilmore claimed to have found a sizable amou ...
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Gold
Gold is a chemical element with the symbol Au (from la, aurum) and atomic number 79. This makes it one of the higher atomic number elements that occur naturally. It is a bright, slightly orange-yellow, dense, soft, malleable, and ductile metal in a pure form. Chemically, gold is a transition metal and a group 11 element. It is one of the least reactive chemical elements and is solid under standard conditions. Gold often occurs in free elemental ( native state), as nuggets or grains, in rocks, veins, and alluvial deposits. It occurs in a solid solution series with the native element silver (as electrum), naturally alloyed with other metals like copper and palladium, and mineral inclusions such as within pyrite. Less commonly, it occurs in minerals as gold compounds, often with tellurium (gold tellurides). Gold is resistant to most acids, though it does dissolve in aqua regia (a mixture of nitric acid and hydrochloric acid), forming a soluble tetrachloroaurate anion. Gold is ...
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Fort Knox Gold Mine
The Fort Knox Gold Mine is an open pit gold mine, east of Fox in the Fairbanks mining district of Alaska. It is owned and operated by Toronto-based Kinross Gold. Originally staked in 1913, after very minor mining at the location the property sat idle until being restaked in 1980. Following the initial exploration discovery in 1987, in 1992 the project was purchased by Amax Gold, which brought the mine to production. Amax Gold merged with Kinross Gold in 1998. History The land that the Fort Knox mine sits on was originally staked in 1913 when a bismuth-bearing, gold-quartz vein was located. Minor mining occurred with a small shaft and a three-head stamp mill. There had been placer mining in the area as early as 1903 and in 1980 local prospectors Joe Taylor and George Johnson worked the placer deposits. In 1986, the property was leased to various mining companies. In 1992, Amax Gold purchased the property. Construction began 1995 with the first gold pour at the end of 1996. In 199 ...
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Kinross Gold Corporation
Kinross Gold Corporation is a Canadian-based gold and silver mining company founded in 1993 and headquartered in Toronto, Ontario, Canada. Kinross currently operates six active gold mines, and was ranked fifth of the "10 Top Gold-mining Companies" of 2019 by ''InvestingNews''. The company's mines are located in Brazil, Mauritania, and the United States. It trades under the KGC ticker in the New York Stock Exchange, and under K in the Toronto Stock Exchange. Operations Kinross Gold operates mines in North and South America, and West Africa. In 2022, 58% of Kinross gold production is expected to come from the Americas. Fort Knox This property includes a mill, tailings storage, heap leach facility, the Gil project, and the True North open pit mine, which is closed and under monitoring. Expected to run out of ore in 2021, the mine's life has been extended to 2030 following a $100 million expansion investment announced in 2018, increasing life-of-mine production by about 1.5 million g ...
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Fairbanks Gold Rush
The Fairbanks Gold Rush was a gold rush that took place in Fairbanks, Alaska in the early 1900s. Fairbanks was a city largely built on gold rush fervor at the turn of the 20th century. Discovery and exploration continue to thrive in and around modern-day Fairbanks. History Felix Pedro spent years searching for gold. He tried to find gold in the creeks and valleys of the Tanana Valley where Fairbanks would begin before he found the "American Klondike". A trader named E.T. Barnette and his wife, Isabelle, were aboard the riverboat ''Lavelle Young'' in August 1901, trying to establish a trading post at Tanacross on the Tanana River. Low water conditions stopped the journey before Barnette could reach his destination. Co-owner of the Lavelle Young, Captain Charles Adams, turned into the Chena River, a tributary of the Tanana, instead. Shallow water stopped the Lavelle Young, and Adams refused to go further, so the Barnettes set up shop there. Barnette opened a trading post on ...
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Gold Mining In Alaska
Gold mining in Alaska, a state of the United States, has been a major industry and impetus for exploration and settlement since a few years after the United States acquired the territory in 1867 from the Russian Empire. Russian explorers discovered placer gold in the Kenai River in 1848, but no gold was produced. Gold mining started in 1870 from placers southeast of Juneau, Alaska. Gold occurs and has been mined throughout Alaska; except in the vast swamps of the Yukon Flats, and along the North Slope between the Brooks Range and the Beaufort Sea. Areas near Fairbanks and Juneau, and Nome have produced most of Alaska's historical output and provide all current gold production . Nearly all of the large and many of the small placer-gold mines currently operating in the US are in Alaska. Seven modern large-scale hard-rock mines operated in Alaska ; five were gold-producing mines. There are also small-scale hard-rock gold-mining operations. In 2019 Alaska produced 539,390 troy ounc ...
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