Kotzebue, AK: The Northwest Arctic Borough (NAB) and the operator of the Red Dog Mine, Teck Alaska, announced that a new 10-year Payment in Lieu of Taxes (PILT) Agreement has been finalized by the parties. The agreement will provide an increase in annual payments to NAB, facilitating enhanced benefits and long-term sustainability for the region […]
Tuesday, the Alaska Department of Natural Resources (DNR) issued a land use permit to Pebble Limited Partnership (Pebble) that was conditioned on an unprecedented $2 million bond. Pebble sought a two-year permit term, but was only granted a one-year term so that DNR could re-evaluate at the end of the year. This decision comes after […]
An assessment released on Tuesday by hedge fund manager, Kerrisdale Capital Management concerning the proposed Pebble Mine prompted a response by the United Tribes of Bristol Bay later in the day. According to the assessment of the controversial mine, KCM said in a release that the former partners of Pebble had “concluded that the Pebble […]
DILLINGHAM, AK – Thursday afternoon, nearly 1,300 Alaskans delivered comments to the Alaska Department of Natural Resources (DNR) concerning the potential for the Pebble Limited Partnership to continue business as usual in Bristol Bay. Yesterday was the final day of an open comment period concerning the Pebble developer’s Miscellaneous Land Use Permits (MLUP) renewal application, […]