It was the home to gold and silver mine investors, like Winfield Scott Stratton[1][2] and William Jackson Palmer.

People and goods were transported on the Railways to and from Colorado Springs, as well as on the Denver & Rio Grande Railroad.

[3] During the Pike's Peak Gold Rush, Old Colorado City was founded in 1859, based upon the vision of it being a major supply hub via Ute Pass for the new gold mines in South Park, the Upper Arkansas River area, and Blue River.

John W. Proudfit & Co., founded in 1890, was the first organization in Colorado Springs to buy and sell mining stocks.

The Crosby-Ehrich Syndicate was a mining stock and investment brokerage house, with representatives coordinating transactions with Cripple Creek businesses.

[6] When gold was discovered in Cripple Creek and Victor in 1890,[8] some of the Colorado Midland Railway owners formed the Midland Terminal Railroad, a standard gauge spur line from Divide to Cripple Creek,[8][9] which allowed for passenger travel to and from Cripple Creek, shipment of equipment into the area, and the transport of ore to processing mills in Old Colorado City[9] beginning in 1895.

[9][10] Colorado Springs was a transfer point for people and goods to and from other areas of the country via the Denver & Rio Grande Railroad.

[12] Assay offices were established in Colorado Springs to test the purity of precious metals.

After people had died and property was damaged during the strike, the strikers were unable to make an agreement with their employers during the Colorado Labor Wars (1903–1904).

The lower part of the Laramie in the Colorado Springs coal field includes alternating beds of very fine to fine-grained sandstone, claystone, and coal, whereas the upper part is composed primarily of claystone with thin interbeds of fine-grained sandstone.

[19][20] By 1922, there were nine active coal mines, Pikeview, Keystone, City #1 and #2, Old Patterson, Danville, Cottonwood, Altitude, and Black Mariah.

[23] In a study of mine subsidence in the Colorado Springs coal field by the Dames and Moore consulting firm in 1985, trough-like subsidence over room-and-pillar mines was observed to be irregular, and the authors of that report interpreted that the interior of any given subsidence trough would likely undergo varying periods of tension and compression, depending on the timing required for failure of existing coal pillars and supports.

Because it is the most hazardous subsidence area in the state, a study was conducted in 2008 using Geophones to locate mining tunnels.

In April 1979, the surface plug of the 500-foot Klondike mine shaft at Woodman Road and I-25 had deteriorated and was reopened.

[31] By the 1950s, coal was no longer mined in the Cragmor area and land was developed for the construction of about 3,500 houses,[32] which was completed in the early 1960s.

In 1979, earth fell through an old mine shaft by a fourplex on Magnolia Street in the Cragmor area, forcing the evacuation of the residents and requiring a means to brace the building.

[42] The Colorado Springs Pioneers Museum also has exhibits about the city's mining and railroad history.