AFTER THE GOLD RUSH: NEW MINING PROJECTS TAKING A HIT IN ALASKA
February 3rd, 2013
WHILE Alaska’s mining industry has seen impressive growth in output through 2012, with high commodity prices for gold and silver in particular boosting exploration and production, experts predict a relatively flat performance in 2013.At the lowermost rung of the value ladder is coal, a sector adversely impacted by both slack global demand and increasing competition from alternative fuel sources. The state’s sole coal producer, Usibelli Mine, which operates a surface mine at Healy, in interior Alaska, south of Fairbanks, estimates that production will ...
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