Among others, the famous Kaspar Jodok von Stockalper (1609–1691) from the city of Brig was the owner of the Gondo Gold Mine.

[3] With 15 workers, the family made good profits, but had to move out after a dispute with the owners, not before having filled in the shafts and tunnels.

[3] On February 16, 1875, the Société anonyme des Mines d'Or de Gondo was founded under the direction of the banker Eduard Cropt from Sion.

With his announcement that he had found a "new California", the director was able to raise 5 million francs in capital and hire English specialists.

You only have to show the small capitalists in Europe that it is no longer necessary to go to California or to the Transvaal to look for the precious metal.” – Alcide Froment[3]New smelting plants were built.

In the tunnels, which drop steeply into the Earth's interior and are named Silzaly, Bruno, Fumée, Fontaine, Julie, Maffiola, Rona, Camozetta, Alcide and Minna and Vinasque,[4] the workers toiled in 12-hour shifts for a meager wage, while the operators, in anticipation of rich profits, indulged in luxury and well-being.

On May 17, 1897, after only three years of activity, the last company, the Société des Mines d'Or de Gondo SA, went bankrupt.