Midas, Nevada, is a small unincorporated community in Elko County, celebrated for its historical significance as a gold mining town. Established in the early 20th century, Midas has experienced cycles of prosperity and decline, yet it persists as a “living” ghost town with a small, enduring population.
Early History and Founding
The story of Midas began in June 1907 when James McDuffy discovered gold at the base of the Owyhee Bluffs. Initially named Gold Circle, the town emerged as a bustling mining camp alongside a neighboring settlement called Summit. By April 1908, Gold Circle’s population surpassed 1,000 as prospectors flocked to the area. A post office opened in 1907 and operated until 1942, supporting the growing community.
In 1909, the federal government renamed Gold Circle to Midas, likely to distinguish it from other Nevada towns with “gold” in their titles, which had caused postal confusion. The name Midas, evoking the mythical king who turned everything to gold, aptly reflected the town’s raison d’être. However, early growth was hampered by the absence of local stamp mills to process ore, forcing miners to ship only the richest material to distant facilities. By late 1909, the population dwindled to 250, though the addition of six stamp mills that year laid the groundwork for future resurgence.
Mining Industry in Midas
Gold was the lifeblood of Midas, though the ore also yielded silver, copper, lead, and zinc. The Elko Prince Mine emerged as a key operation during the town’s early years. After the initial boom of 1907–1908, the lack of processing infrastructure led to a bust. A second boom from 1916 to 1921 was fueled by the stamp mills, which processed 119 tonnes of ore daily, revitalizing the economy.
Mining declined after the 1920s, and operations halted in 1942 amid World War II, reducing the population to a mere handful by 1950. A modern revival began in 1998 with the Midas Mine, operated by Hecla Mining. This underground facility employs advanced techniques to extract gold and silver, sustaining Midas’ mining legacy into the 21st century.
Social and Cultural Life
At its peak, Midas supported a lively community with saloons, restaurants, a jail, a town hall, and a schoolhouse built in 1927, which served until 1952. The school burned down in 2005, leaving behind playground remnants as a nostalgic relic. Social life included dances, elections, and occasional violence, such as murders on Main Street.
The Midas Bighorn Saloon, housed in a 120-year-old building, remains a cultural cornerstone, welcoming locals and visitors alike. Since 1994, the nonprofit Friends of Midas has preserved the town’s history through photographs, letters, and documents, ensuring its stories endure.
Current Status and Legacy
Today, Midas blends history with modest vitality. With an estimated population of 349 and a median age of 46.4, it hosts full-time residents and seasonal homeowners. Beyond mining, the town attracts hunters and recreationists drawn to its rugged surroundings and historic charm. Preservation efforts by Friends of Midas and the saloon’s continued operation keep the past alive.
Conclusion
Midas, Nevada, embodies the resilience of America’s mining frontier. From its Gold Circle origins to its modern mining renaissance, the town has navigated booms, busts, and reinvention. Though small, Midas remains a vibrant link to Nevada’s gold rush heritage, balancing history with a quiet, enduring present.
Town Summary
| Name | Midas, Nevada |
| Also Known As | Rosebud, Gold Circle |
| Location | Elko County, Nevada |
| Latitude, Longitude | 41.2440709, -116.7967729 |
| GNIS | 845906 |
| Elevation | 1750 meters / 5742 feet |
| Post Office | 1908 – 1942 |
| Population | 2000 |
| Newspaper | Gold Circle Miner (The) Apr 11, 1908 Gold Circle News June 20 – Sept 26, 1908 Gold Circle Porcupine May 20, 1914 |