Gold production

✍ Scribed by R.H.O.

• Publisher: Elsevier Science
• Year: 1941
• Tongue: English
• Weight: 55 KB
• Volume: 232
• Category: Article
• ISSN: 0016-0032
• DOI: 10.1016/s0016-0032(41)90721-4

✦ Synopsis

With total gold production valued at approximately $25,375,000 during the past year, Alaska hit an all-time record which surpassed even the great gold rush days, W. C. MEN-DENHALL, Director of the Geological Survey said in making a preliminary report of the Territory's total I94O mineral production. This amount is nearly $2, IOO,OOO more than the value of gold output in I939 and brings the total value of gold production in Alaska, from the beginning of recorded mining in I88o, which was I3 years after the Territory was purchased from Russia for $7,200,000 to the present, to about $561,3II,OOO. Production in I94o of other minerals besides gold, including platinum metals, tin, antimony, quicksilver, and coal increased in quantity and value. The entire production of all minerals for the year was valued at approximately $27,658,ooo--nine and one-fourth per cent. more than in I939. The I94O production brings the total value of all minerals produced in Alaska since I88o to more than $730,000,000 Director Mendenhall stated.

R. H. O.