The Economic Impacts of Alaska's Mining Industry - Alaska Miners ...

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The Economic Impact of Alaska’s Mining Industry Prepared for: Alaska Miners Association 3305 Arctic Blvd, Suite 105 Anchorage, Alaska 99503 (907) 563-9229 www.alaskaminers.org Prepared by: Juneau Office PO Box 21009 Juneau, Alaska 99801 (907) 586-6126 Anchorage Office 1400 West Benson Blvd, Suite 350 Anchorage, Alaska 99503 (907) 274-3200 www.mcdowellgroup.net info@mcdowellgroup.net February 2006 Cover photos, top to bottom: Rock Creek Development Project, courtesy of NovaGold Resources Fort Knox Mine, courtesy of Tom Millington Greens Creek underground drill rig, courtesy of Kennecott Greens Creek Mine
TABLE OF CONTENTS Executive Summary ................................................................................................................. 1 Chapter I: Profile of the Mining Industry................................................................................ 6 Reconnaissance Exploration and Advanced Exploration.......................................................... 6 Mine Development and Construction ....................................................................................... 7 Mine Operations....................................................................................................................... 8 Mine Closure and Reclamation ................................................................................................ 8 Chapter II: Current Mining Industry Activity in Alaska .......................................................... 9 Exploration Programs .............................................................................................................. 9 Mine Development in Alaska.................................................................................................. 11 Producing Mines in Alaska..................................................................................................... 13 Recreational Mining in Alaska ................................................................................................ 17 Chapter III: Employment and Payroll in Alaska’s Mining Industry..................................... 18 Sources of Employment Data................................................................................................. 18 Mineral Production Employment in Alaska ............................................................................. 19 Exploration Employment ........................................................................................................ 20 Mine Development Employment ............................................................................................ 21 Other Mining-Related Employment in Alaska ......................................................................... 21 Assessment of Total Mining-Related Employment in Alaska .................................................. 21 Alaska Resident Hire in the Mining Industry ........................................................................... 24 Chapter IV: Other Economic Benefits of the Mining Industry ............................................. 26 Mining Industry Payments to the State of Alaska ................................................................... 26 Payments to Local Governments ........................................................................................... 28 Payments to ANCSA Corporations......................................................................................... 30 Payments to Alaska Mental Health Trust Authority................................................................. 31 Additional Mining Industry Benefits ........................................................................................ 31 Chapter V: Mining Impact Case Studies .............................................................................. 33 Local Mining Impact Case Studies ......................................................................................... 33
Page 1: Prepared for the Alaska Miners Asso
Page 5 and 6: Alaska’s metallic mineral mines r
Page 7 and 8: Because the Fort Knox Mine is a lar
Page 9 and 10: CHAPTER I: PROFILE OF THE MINING IN
Page 11 and 12: development may include stripping o
Page 13 and 14: Exploration Expenditures in Alaska,
Page 15 and 16: Mine Development Investment in Alas
Page 17 and 18: Mining Production Value in Alaska,
Page 19 and 20: more than 500 placer mines statewid
Page 21 and 22: CHAPTER III: EMPLOYMENT AND PAYROLL
Page 23 and 24: Coal Mining Monthly Employment at U
Page 25 and 26: Direct Mine Employment in Alaska, 2
Page 27 and 28: Total Direct and Indirect Employmen
Page 29 and 30: CHAPTER IV: OTHER ECONOMIC BENEFITS
Page 31 and 32: were generated by movement of coal
Page 33 and 34: Mining Project Usibelli Coal Mine G
Page 35 and 36: • Alaska Department of Commerce,
Page 37 and 38: mine is the largest employer in the

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