State bonding considered for Kensington
Alaska Legislature approves bill allowing up to $20 million in AIDEA bonding for southeast gold mine development
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Last updated 6/20/2004 at Noon
Developers of the Kensington gold project in Southeast Alaska received a solid vote of confidence from Alaska's state government, with nearly unanimous legislative approval of a bill that would allow up to $20 million in tax-exempt bonding for port and tailings impoundment facilities.
The bill was passed by the Alaska Legislature in early May and signed into law in early June. It's the first st...
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