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MAJOR MINES IN ALASKA

The infographic tells about the different stages it takes to create an active and operating mine. 

In Alaska, we have six large operating and producing mines, six advanced exploration projects, and two projects in its permitting phase.

These major mines are economic engines for regions that have few employment opportunities.


EXPLORATION IN ALASKA
$135 million spent on exploration in 2018 and $3.7 billion spent on exploration since 1981


DEVELOPMENT
$170 million spent on mine construction and other capital investment just in 2018


PRODUCTION

  • $3 billion in gross mineral production value from Red Dog, Greens Creek, Fort Knox, Pogo, Kensington, Nixon Fork and Usibelli Coal mines, placer mines, and rock, sand, and gravel operations

  • More than 200 placer mines produced 41,000 ounces of gold with a value of $52 million.

  • Approximately 120 active rock quarries, and sand and gravel operations throughout Alaska with at least $12 million in production value on state lands

  • Export value of $1.8 billion, or 36% of Alaska’s total exports (2017). • 205 active placer mines produce

RECLAMATION - Click HERE for Alaska's Reclamation progress. 

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Producing Mines

PRODUCING MINES

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FORT KNOX

  • Alaska’s largest producing gold mine; poured 8 millionth ounce in 2019

  • Largest single property taxpayer in the Fairbanks North Star Borough

  • Approximately 725 employees, plus 170 onsite contractors

  • 2018 exploration program on newly acquired adjacent Gilmore property, adding 2 million ounces to reserves

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GREENS CREEK

  • Largest silver mine in the U.S., and in the top 10 producers worldwide

  • Discovered in 1975, producing from 1989 to 1993, and continuously since 1996

  • Largest payer of property tax in the City and Borough of Juneau

  • Largest Southeast Alaska for-profit employer, in terms of payroll

  • Approximately 420 employees

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KENSINGTON

  • Produced 115,094 ounces of gold in 2017

  • Exploration underway to expand ore zones

  • 2nd largest private sector employer in Southeast Alaska in terms of payroll; over $36 million in 2017

  • 2nd largest payer of property tax in the City and Borough of Juneau 

  • 378 employees in 2017

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POGO

  • Discovered in 1994, producing since 2006

  • Celebrated 10th Anniversary of production in 2016

  • 8th largest gold producer in the U.S.

  • Approximately 320 employees with $44 million in wages

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RED DOG

  • Largest lead concentrate and zinc concentrate producer in the U.S.

  • Mine life expected until 2031

  • 2nd largest silver producer in the U.S.

  • Only taxpayer in the N.W. Arctic Borough

  • Discovered in 1968, producing since 1989

  • Approximately 550 employees (including 100 contractors)

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USIBELLI

  • In continuous production since 1943

  • Fuels 29% of Interior Alaska’s electricity 

  • Approximately 110 employees

ADVANCED EXPLORATION

Advanced Exploration
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BOKAN MT.

  • Drilling program started in 2007

  • Preliminary economic analysis released in late 2012

  • 190 potential production jobs

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GRAPHITE CREEK

  • Preliminary Economic Assessment completed in 2017

  • $363 million in projected capital costs

  • 370 potential production jobs

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LIVENGOOD

  • Placer mining began in 1914, lode exploration in 2003

  • 1.4 million oz. of gold measured and indicated resource

  • Completed pre-feasibility study in 2017 as result of project optimization work   

  • 330 potential production jobs

Niblack

NIBLACK

  • Ongoing exploration for more than 25 years

  • $35 million invested since 2009

  • 200 potential production jobs

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PALMER

  • Significant resource growth and discovery of a second deposit

  • Preliminary Economic Assessment underway

  • $46 million invested in exploration, access road construction, and environmental and geotechnical studies since 2006 

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UPPER KOBUK

  • $126 million spent on exploration since 2011   

  • Pre-feasibility study completed for open pit operation (Arctic)

  • Environmental baseline data collection ongoing (Arctic)

  • Updated resource statement completed in 2018 (Bornite)     

  • Draft Environmental Impact Statement in process for the Ambler District Industrial Access Project

PROJECTS IN PERMITTING

Projects in Permitting
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DONLIN GOLD

  • Discovered in 1988, continued exploration since 1995

  • Permitting process began in 2012; final Environmental Impact Statement and Joint USACE and BLM Record of Decision in 2018

  • Up to 90% Calista shareholder hire at its camp operation

  • Up to 1,000 expected production jobs, depending on the production timeline

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PEBBLE PROJECT

  • Discovered in 1987 on State of Alaska land

  • Ongoing exploration, engineering, and environmental studies since 2002

  • Over $150 million spent on environmental baseline studies

  • World class deposit of copper, gold, molybdenum, and silver

  • In federal NEPA permitting and review process

  • Approx. 750 potential production jobs

© 2024 ALASKA MINERS ASSOCIATION. ALL RIGHTS RESERVED

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