Alaska-Juneau Gold Mining Company north side of Douglas Island. In 1922, the office and records were moved to the AJGMC mining area on the other side of the Gastineau Channel. 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. Alaska-Juneau Gold Mining Company The Alaska-Juneau Gold Mining Company (AJGMC) was incorporated under the laws of West Virginia, USA in 1897. Its lode mining claims covered approximately on the wide vein called the Juneau gold
Gold mining in Alaska Richard Harris the presence of gold in what is now named Gold Creek in Silver Bow Basin. The city of Juneau was founded there that year. The strike sparked the Juneau gold rush which resulted in the development of many placer and lode mines including the largest, in their time, gold mines in the world: the Treadwell complex of lode mines on Douglas Island (across a narrow sea channel from Juneau) and the AJ lode mine, in Juneau itself. Over 7 million ounces of lode gold and of placer gold have been recovered from the Juneau district. Most of the