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Alaska mining news update from Curt Freeman: Investment up significantly for 2004

Production of $1.2B a record high for state; development expenditures more than double from 2003; 2005 looking even better

 

Last updated 3/27/2005 at Noon



The Alaska Division of Geological and Geophysical Surveys and the Department of Commerce and Economic Development have released their annual preliminary report on Alaska's mining industry for 2004. As expected, investment in all categories was up significantly over previous years. Exploration spending in 2004 was estimated at $63.7 million, up from $27.6 million in 2003.

The 2004 expenditures...



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