Gold mining in Alaska Juneau, and Nome are responsible for most of Alaska's historical and 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. Six modern large-scale hard rock mines operate in Alaska in 2008; four of those are gold-producing mines (an additional gold mine suspended production in late 2007). There are also some small-scale hard rock gold-mining operations. Alaska currently produces more gold (in 2015: 873,984 troy oz from hard rock mines, and 74,360 troy oz (five-year average) from placer deposits) than any state except Nevada. In
Juneau mining district Inlet to Holkam Bay. French Canadian prospector Pierre Erussard, known as "French Pete," found gold on Douglas Island, across Gastineau Channel from Juneau. A consortium led by John Treadwell, a carpenter from California, purchased the claims and adjoining gold-bearing land. The resulting mine/mill complex produced more than 3 million troy ounces (93 tonnes) of gold before closing in 1922. The underground Kensington hardrock mine is approximately north of Juneau. The mine site is within the City and Borough of Juneau and the Tongass National Forest. Development and ore production occurred at the Kensington mine site from 1897 through 1938. The