$11 million of Red Dog Mine profits will be invested, with between $4 and 8 million to follow annually for the next nine years.
The two-lane, all-season road would stretch from Kotzebue to Cape Blossom, an area located 11.64 miles south on the Baldwin Peninsula, and cost an estimated $30 million.
NAB previously received $11.6 million annually, but now, the new PILT agreement has an estimated value of $20-26 million per year over the course of its ten-year duration. Wayne Hall with Teck Alaska says it’s also a retroactive agreement, dating back to January 1st of 2016.
GCI anticipates the expansion to Red Dog Mine and Noatak to be completed in 2017.
An ice jam from the nearby Inmachuk River flooded the only road to the village’s airport.
The Department of Energy awarded federal funding to install panels in Kotzebue, Buckland and Deering, but decreasing the region’s dependency on diesel is easier said than done.
Teck Alaska, operator of Red Dog Mine, filed a legal complaint against the Northwest Arctic Borough about a tax that would nearly triple the mine’s annual payment to the borough.
The U.S. Coast Guard and other agencies held a meeting in Nome to start the revision process, which will take about a year.
President Obama ended his Alaska trip in Kotzebue, unveiling initiatives to help rural villages cope with climate change in the fast-thawing Arctic.
Local leaders have drafted a letter outlining their vision for the Arctic’s future as Kotzebue prepares for President Obama’s visit today.