Mines emerge as key support for economy

Mines emerge as key support for economy

By Rose Ragsdale

Alaska-Washington Connection

When one considers the impact of the mining industry on Alaska’s economy, the hundreds of high-paying jobs created by large mines such as Red Dog, Fort Knox and Greens Creek and the recent mineral exploration boom are what immediately come to mind.

But what of the numerous small communities and businesses across Alaska for which mining has become a lifeline and an inspiration? Companies in the Alaska-Washington trade find themselves increasingly looking to mining for reliable commerce and steady revenue.

“Red Dog to the Northwest Alaska region is like Prudhoe Bay is to the State of Alaska,” said Lance Miller, vice president of natural resources for NANA Regional Corp. “Twenty years ago, the Northwest region had one of the lowest median household incomes in the state, and today, it is among the highest.”

Read the full story at Petroleum News