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
Joe Juneau (prospector) exploring much of the area later named for Juneau. Harris and Juneau were sent with Kowee by George Pilz, an entrepreneur and mining engineer from Sitka. After trading much of their grubstake for hoochinoo, or home brew, they returned to Pilz empty-handed, but were promptly sent back to the Juneau area. There, Kowee took them beyond Gold Creek (near what is now the site of the city's Federal Building) to Silver Bow Basin. Today, a creek on Douglas Island is named Kowee Creek. After the discovery of gold in the area, Harris and Juneau carried approximately 1,000 pounds of gold