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Toi gold mine

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History

Small-scale gold mining is said to have started at Toi around 1370 during the period of the Ashikaga shogunate. The gold mine was operated on a large scale from the time of Tokugawa Ieyasu in the late 16th century. Several mines were open in 1577, but Tokugawa Ieyasu expanded production from 1601. He put the exploitation of the mine under the responsibility of a Kinzan Bugyō selected from the Ōkubo clan.

Toi was one of around 60 goldmines located in the Izu Peninsula, including Yugashima and Nawaji. The gold and silver produced by these mines permitted the production of Tokugawa coinage, and allowed for the prosperity of the Tokugawa. The village of Toi itself became highly prosperous, with numerous trades flooding in to service the workers and the administration at the gold mine, so that Toi became known as "Toi Sengen" (土肥千軒, "Toi of the 1,000 shops").

The mine became less productive as it became flooded. Workers were killed because of the exhausting conditions due to seeping hot springs and poor oxygen content of air, leading to the installation of water pumps and ventilators at numerous intervals.

In 1917, gold was again discovered at the mine, and exploitation continued under the company Toi Kinzan KK. In 1931, the mine entered Sumitomo Group, and passed under Toi Kōgyō KK in 1942. The mine was ultimately closed in 1965 and then reopened for tourism.

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