The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
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Alaska's mineral industry contributed an estimated $1.073 billion to Alaska's economy in 2002, a slight increase compared to the prior year, according to the Alaska Mineral Industry report released Nov. 6. A 10 percent increase in both exploration spending and in the total value of minerals mined and sold in 2002 helped offset a $47 million decline in development spending by the mining industry. Of the $26.5 million spent for exploration in Alaska, more than $17 million went to prospecting for gold and associated precious met...
