When hiring, T&C searches out media junkies who live and breathe their work. This means we have a staff with more curiosity than can ever be quenched. We pride ourselves in using every situation as an opportunity to learn and come up with new ways. That way, we can apply things we see in everyday life to our strategic plans for the benefit of our clients. We often invite industry leaders and members of our community into our office for informal and valuable learning sessions.
Most recently, the executive director of the Alaska Miners Association, Deantha Crockett, stopped by to school us on the mining industry in Alaska. Deantha gave us an overview of why we need mining. He went over the economics of it as well as environment and safety regulations and specific insight to Alaska’s mining operations. Here are some of our key takeaways:
• Everything from fireworks to our smartphones depends on the mining industry. It is also very likely that metals from Alaska mines are powering the smartphone or computer that you’re reading this blog on.
• For greater results in renewable energy, we need the minerals mined in Alaska. Rechargeable batteries, hybrid cars, solar panels and more all rely on minerals.
• Mining in Alaska provides more than 9,000 direct and indirect jobs. This results in $700 million in payroll for more than 55 communities. The regional impact is strong. Many of these jobs are in rural villages and on land belonging to regional corporations. Everyone in Alaska is touched by the effects the mining industry has on the economy.
• Our PFD checks rely on mining, too! About 25 to 50 percent of lease rentals and royalties from mines on state land is deposited into the Alaska Permanent Fund.
• Alaska has a world-class regulatory system. Our mines are permitted for the protection of air, land, water and fish and wildlife, and there is strict regulatory oversight throughout the mine life. That oversight doesn’t end when the mine closes. There is extensive planning and continued oversight of the mine closure and reclamation work to restore the site. Additionally, there is tailored financial assurance for mine reclamation, in the event that the State would need to step in.
Refreshers are important. Some of the information that was shared was brand new. Some of it was knowledge we already had but hearing information again makes it top-of-mind and increased knowledge of our state strengthens our work and our ability to help our clients. Check out more of what we recently learned from Alaska’s industry and community leaders!