Partnership of the Red Dog project formally began in 1982, with the signing of an agreement between NANA Regional Corporation, Inc. (NANA) and Cominco Ltd. (now Teck Resources Limited), a Canadian mining company with considerable experience working in the Arctic. The agreement was a progressive and visionary covenant, based on a cooperative long-term partnership that continues to strengthen and evolve.
The mining operation is based upon a unique development and lease agreement whereby Teck is the mine operator and NANA is the land owner.
The mandate of this agreement articulated that the mine:
Over the years, Red Dog has injected a billion dollars in the NANA Region. This economic foundation supports jobs, education and advancement opportunities and a revenue stream for local government that is allowing our corner of Alaska to become more self-reliant.
The mine continues to successfully develop and integrate a local workforce — NANA shareholders make up approximately 54 percent of the mine’s workforce.