North Midas Copper Co. of Alaska - Mining Stock Certificate (Uncanceled)
Inv# MS1083 Stock
Uncanceled. Nice mining scene. Excellent Condition. Alaska is so rare and popular!
This mine was incorporated in 1906 in the Kotsina-Kuskulana district within the current Wrangell-St. Elias National Park. It was located on Berg Creek 12 miles from Strelna. The company’s best year was 1919, but only 40 ounces of gold and 123 ounces of silver wee mined. [From National Park Service, online]
Mining is the extraction of valuable minerals or other geological materials from the Earth, usually from an ore body, lode, vein, seam, reef, or placer deposit. Exploitation of these deposits for raw material is based on the economic viability of investing in the equipment, labor, and energy required to extract, refine and transport the materials found at the mine to manufacturers who can use the material.
Ores recovered by mining include metals, coal, oil shale, gemstones, limestone, chalk, dimension stone, rock salt, potash, gravel, and clay. Mining is required to obtain most materials that cannot be grown through agricultural processes, or feasibly created artificially in a laboratory or factory. Mining in a wider sense includes extraction of any non-renewable resource such as petroleum, natural gas, or even water. Modern mining processes involve prospecting for ore bodies, analysis of the profit potential of a proposed mine, extraction of the desired materials, and final reclamation of the land after the mine is closed.
Mining operations usually create a negative environmental impact, both during the mining activity and after the mine has closed. Hence, most of the world's nations have passed regulations to decrease the impact; however, the outsized role of mining in generating business for often rural, remote or economically depressed communities means that governments sometimes fail to fully enforce regulation. Work safety has long been a concern as well, and where enforced modern practices have significantly improved safety in mines. Moreover, unregulated or poorly regulated mining, especially in developing economies, frequently contributes to local human rights violations and resource conflicts.
A stock certificate is issued by businesses, usually companies. A stock is part of the permanent finance of a business. Normally, they are never repaid, and the investor can recover his/her money only by selling to another investor. Most stocks, or also called shares, earn dividends, at the business's discretion, depending on how well it has traded. A stockholder or shareholder is a part-owner of the business that issued the stock certificates.
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