High zinc prices are making life good for NANA Regional Corp., an Alaska Native regional corporation that owns the world's largest zinc mine.
Jobs and revenues are up at the Red Dog Mine thanks to the $1-a-pound price for zinc. Previously, the mine had to make layoffs, suspend raises and make other adjustments when the price was around 35 cents a pound.
Last year, NANA kept $7.1 million in profits from the mine and shared $9.9 million with other Alaska Native corporations from the mine.
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Zinc in demand
(The Anchorage Daily News 1/25)
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