The Alaska-Juneau Gold Mining Company (AJGMC) was incorporated under the laws of

West Virginia West Virginia is a state in the Appalachian, Mid-Atlantic and Southeastern regions of the United States.The Census Bureau and the Association of American Geographers classify West Virginia as part of the Southern United States while the B ...

, USA in 1897. Its lode mining claims covered approximately on the wide vein called the Juneau gold belt of which it owned one mile on the outcrop.

Mining properties and operations

The company's property was in Alaska's

Juneau mining district The Juneau mining district is a gold mining area in the U.S. state of Alaska. In 1880 a local inhabitant, Chief Kowee, revealed to prospectors Joe Juneau and Richard Harris the presence of gold in what is now named Gold Creek in Silver Bow Basi ...

. The AJGMC purchased over two dozen patented claims in the Silver Bow Basin for lode mining low grade gold ore. The main group of claims was about in length and about in width, occurring over approximately on the southeast side of Gold Creek. About of outlying group claims were in Snowslide Gulch. Tunnels and the mill site stretched to the

Gastineau Channel Gastineau Channel ( Lingít: ''Séet Ká'') is a channel between the mainland of the U.S. state of Alaska and Douglas Island in the Alexander Archipelago of southeastern Alaska. It separates Juneau on the mainland side from Douglas (now part ...

. The Alaska-Juneau mine was located from

Juneau The City and Borough of Juneau, more commonly known simply as Juneau ( ; tli, Dzánti K'ihéeni ), is the capital city of the state of Alaska. Located in the Gastineau Channel and the Alaskan panhandle, it is a unified municipality and the s ...

. The property also included the Lane & Hayward mine and the Bennet mine. The company's two stamp mills, driven exclusively by

water power Hydropower (from el, ὕδωρ, "water"), also known as water power, is the use of falling or fast-running water to produce electricity or to power machines. This is achieved by converting the gravitational potential or kinetic energy of a ...

, were located on Gold Creek. Its 30-stamp mill was in operation from 1896 to 1914. The Ebner Gold Mining Company property adjoined the AJGMC on the northwest.

Business operations

Its Transfer Agent was Central Trust Company while its Registrar was

Metropolitan Trust Company The Metropolitan Trust Company of the City of New York was a trust company located in New York City that was founded in 1881. The trust company merged with the Chatham and Phenix National Bank in 1925 under the name of the Chatham Phenix National ...

. The corporation office was located in Charleston, West Virginia. The Annual meeting was held on the first Tuesday after the first Monday in April at the San Francisco office. The AJGMC and the Alaska Treadwell Gold Mining Company had integrated management and stockholding interests as, in 1900, Frederick W. Bradley purchased a major interest in AJGMC. He became president of AJGMC and Treadwell. Philip R. Bradley, brother of Frederick, was resident manager during the period of 1914-1920. The business offices of both these companies, as well as the Alaska-Gastineau Mining Company, were in the Mill Building,

San Francisco San Francisco (; Spanish for " Saint Francis"), officially the City and County of San Francisco, is the commercial, financial, and cultural center of Northern California. The city proper is the fourth most populous in California and 17th ...

, California. The working offices and records were located at the

Treadwell gold mine The Treadwell gold mine was on the south side of Douglas Island, east of downtown Douglas and southeast of downtown Juneau, owned and operated by John Treadwell. Composed of four sub-sites, Treadwell was in its time the largest hard rock gold ...

on the north side of

Douglas Island Douglas Island is a tidal island in the U.S. state of Alaska. It is part of the city and borough of Juneau, just west of downtown Juneau and east of Admiralty Island. It is separated from mainland Juneau by the Gastineau Channel, and contains t ...

. In 1922, the office and records were moved to the AJGMC mining area on the other side of the

. After the Alaska-Juneau mine closed in 1944 because of the World War II labor shortage, AJGMC sold its hydroelectric power to Alaska Electric Light & Power, Juneau's local utility company. In 1972, AEL&P purchased all of the AJGMC holdings.

References

{{Authority control Gold mining in Alaska Defunct mining companies of the United States Defunct companies based in Alaska Defunct companies based in West Virginia Non-renewable resource companies established in 1897 Non-renewable resource companies disestablished in 1944 1897 establishments in West Virginia 1944 disestablishments in Alaska