Alaska is positively crying for money for schools, human services, road maintenance and infrastructure needs, yet the Legislature leaves millions of dollars on the table for every year that they fail to update the mining laws.

Let’s put it into perspective. The combined value of all minerals (gold, silver, antimony, copper, lead, zinc, etc.) mined in Alaska annually is approximately $4.8 billion. By contrast, under the current mining laws, the mining industry returned about $136M to the state’s coffers in 2023. So, the mining industry returned roughly 2.8% of their total profits to the state ($136,000,000 divided by $4,800,000,000). And, with the run on antimony, gold and copper, their total profits only seem poised to increase. It’s a rockin’ deal for the mining industry but a cryin’ sha

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