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 […]
Kotzebue, AK – Thursday, the Northwest Arctic Borough (NAB) and the operator of the Red Dog Mine, Teck Alaska, announced that a proposed new 10-year Payment in Lieu of Taxes (PILT) Agreement has been negotiated by the parties and will be considered later this month for final approval. The agreement, if approved, would provide an […]
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 […]