Mining is a Growing Force in Alaska’s Economy
Mining is a growing force in Alaska’s economy, providing jobs for thousands of Alaskans and millions of dollars of personal income throughout Alaska. Alaska’s mining industry includes
exploration, mine development, and mineral production. Alaska’s mines produce coal, gold, lead, silver, zinc, as well as construction materials, such as sand, gravel, and rock.
In 2017, Alaska’s mining industry provided:
- 4,500 direct mining jobs in Alaska.
- 9,000 total direct and indirect jobs attributed to Alaska mining industry.
- $700 million in total direct and indirect payroll.
- $250 million in payments to Alaska Native corporations.
- $109 million in state government-related revenues through rents, royalties, fees, and taxes.
- Mostly year-round jobs for residents of more than 50 communities throughout Alaska, half of which are found in rural Alaska where few other jobs are available.
- Some of Alaska’s highest paying jobs with an estimated average annual wage of $108,600, over twice the state average for all sectors of the economy.
- $34 million in local government revenue through property taxes and payments in lieu of taxes.
Partnering with Alaska Native Corporations
All Alaska Native corporations benefited from mining industry activity – in 7(i) and (j) royalty sharing payments, in jobs for shareholders, or through business partnerships.
- In FY2017, NANA received $247.0 million in net proceeds from Red Dog Operations and distributed $156.4 million to other Alaska Native regional and village corporations
- 55% of the 550 year-round jobs at Red Dog are filled by NANA shareholders, including Teck, NANA companies and other service providers
- Calista Corporation in western Alaska received millions of dollars in royalties and other revenue for mineral agreements, including lode exploration, placer gold production, and construction material sales
- 59% of all employees at the Upper Kobuk Minerals Projects, including contractor hires, were NANA shareholders in 2017
- Many Alaska Native corporations have taken the opportunity to develop businesses that serve the mining sector, such as NANA Regional Corporation, Iliamna Development Corporation, Calista Corporation, and The Kuskokwim Corporation.
Each year AMA commissions the McDowell Group to research the economic impact of Mining in Alaska. Continued investments by the mining industry ensure Alaska’s continued economic growth.
Economic Impact of Mining in Alaska, 2017
Economic Impact of Mining in Southeast Alaska
In-Depth Report on the Economic Impact of Mining in Alaska, 2017
Economic Impact of Mining in Alaska, 2016
Economic Impact of Mining in Alaska, 2014
Economic Impact of Mining in Alaska, 2013
Economic Impact of Mining in Alaska, 2012
Economic Impact of Mining in Alaska, 2011 (summary, 1,243K)
Economic Impact of Mining in Alaska, 2011 (full report, 2,347K)
Economic Impact of Mining in Alaska, 2010 (summary, 3,359K)
Economic Impact of Mining in Alaska, 2009 (summary, 1,121K)
Economic Impact of Mining in Alaska, 2008 (summary, 1,320K)
Economic Impact of Mining in Alaska, 2007 (summary, 1,121K)
Economic Impact of Mining in Alaska, 2006 (summary, 969K)
Economic Impact of Mining in Alaska, 2006 (full report, 3,879K)