© 2020 ALASKA MINERS ASSOCIATION. ALL RIGHTS RESERVED

ECONOMIC BENEFITS

MINING IS A GROWING FORCE IN ALASKA'S ECONOMY

Mining is a growing force in Alaska’s economy, providing jobs for thousands of Alaskans and millions of dollars of personal income throughout Alaska. Alaska’s mining industry includes exploration, mine development, and mineral production. Alaska’s mines produce coal, gold, lead, silver, zinc, as well as construction materials, such as sand, gravel, and rock.

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 In 2019, Alaska’s mining industry provided: 

• 4,600 direct mining jobs in Alaska. 

• 9,400 total direct and indirect jobs attributed to Alaska mining industry. 

• $740 million in total direct and indirect payroll. 

• Some of Alaska’s highest paying jobs with an estimated average annual wage of $112,800, over twice the state average ($55,140) for all sectors of the economy. 

• $37 million in local government revenue. 

• $112 million in state government revenue through mining licenses, rents, royalties, fees, and taxes, and other government-related payments. 

• $242 million in payments to Alaska Native corporations. 

• Mostly year-round jobs for residents of more than 60 communities throughout Alaska, half of which are found in rural Alaska where few other jobs are available. 

Each year AMA commissions the McDowell Group to research the economic impact of Mining in Alaska. Continued investments by the mining industry ensure Alaska’s continued economic growth.

– Click here to read the current (2019) Economic Impact Report for Mining in Alaska

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