Why Alaska?
- Top Ranking: Alaska continuously ranked as a top-tier mining jurisdiction by Fraser Institute Survey (6th worldwide in 2015)(1) based on geological attractiveness, mineral potential and government policies
- Significant Producer: Second largest U.S. gold-producing state; home to multiple >5 million ounce mines (Fort Knox 7Moz, Pogo 5Moz) and world-class deposits (Pebble 70Moz , Donlin Creek 39Moz)
- Majors Reside: Alaska is home to the world's largest mining companies because of its mineral potential and permitting atmosphere- active companies include Barrick Gold, Newmont Mining, Royal Gold, Kinross Gold, Teck Resources, Hecla Mining, Coeur Mining and many others
- Low Political Risk: Consistent, stable regulatory and tax environment with experienced state agencies committed to advancement of mining industry
Source: Fraser Institute Annual Survey of Mining Companies 2015
A Prolific Mining Region
Mining & Alaska
- Since 1981 mining companies have invested over $3 billion into Alaskan mining projects
- 8,700 total direct and indirect jobs attributed to Alaska mining industry
- $620 million in total direct and indirect payroll
- $119 million in state government revenue through rents, royalties, fees, and taxes
- $144 million in payments to Alaska Native corporations
- Highest paying jobs with an estimated average annual wage of $100,000
Source: Alaska Miners Association - The Economic Benefits of Alaska's Mining Industry, January 2015