Red Dog is more than just a mine developing essential minerals; it is a mechanism for hope and catalyst for the northwest Alaska and statewide economy. For more than two decades, the Red Dog Mine, one of the world’s largest zinc mines, has stood as a model of responsible resource development, founded on the principles of consensus, cooperation, and mutual respect between a mining company and indigenous people. The mine was developed in 1982 under an innovative operating agreement between NANA, an Alaska Native Corporation (ANC) owned by the Iñupiat people of Northwest Alaska, and Teck Alaska, Inc. (Teck), a U.S. subsidiary of Teck Resources Limited, a diversified mining and metals company headquartered in Vancouver, British Columbia, Canada. NANA owns the land on which Red Dog Mine is situated, and NANA shareholders receive direct and meaningful benefits from development at the mine. To learn more about the partnership watch this video.
Since mining began, NANA has retained approximately $480 million in the $1.3 billion it has received net proceeds from the mine. NANA has distributed approximately $820 million to other regions and at-large shareholder via the 7 (i) sharing provisions of the Alaska Native Claims Settlement Act. Of the $480 million NANA has retained, the Corporation has distributed approximately $221 million in dividends to shareholders primarily from the net proceeds from Red Dog Mine.
Red Dog Mine directly creates more than 700 full-time, family-supporting jobs at the mine-site and in an area of Alaska where good-paying jobs are scarce. Since 1989, NANA shareholders have received more than $469 million in wages by working at Red Dog. In 2015, approximately 603 NANA shareholders worked at the mine earning $39.3 million in wages.
Estimates credit Red Dog Mine with creating roughly 2,800 jobs statewide and paying more than $166 million in total compensation. Red Dog Mine purchases millions of dollars in goods and services, including work with 10 Alaska mining support companies. Alaska Native peoples throughout the state also benefit from the mine through the Alaska Native Claims Settlement Act’s (ANCSA) 7(i) sharing provision.
Red Dog Mine directly creates more than 700 full-time and temporary, family-supporting jobs at the mine-site and in an area of Alaska where good-paying jobs are scarce. Since 1989, NANA shareholders have received more than $469 million in wages by working at Red Dog. In 2015, more than 600 NANA shareholders and $39.3 million in wages was paid to the mine's shareholder employees.
Red Dog Mine has more than 70 stringent permits and an additional 40 work plans and agreements, which it must meet in order to protect the environment. Today, because of mine operations, Red Dog Creek downstream of the mine discharge is healthy and supports productive aquatic life, which was not present before due to the natural toxicity of the creek’s water.