After decades, exploration resumes at gold prospect in Lake Clark National Park
Vancouver-based HighGold Mining commenced its summer drill program at the Johnson Tract inholding on the west side of Cook Inlet.
Salmon fishing in Alaska off to a slow start statewide
Much of the decline is due to poor sockeye returns, particularly in the Copper River area, though other places are also seeing a slowdown.
Economists project another slow Alaska recovery after pandemic
A long, slow recovery from a near shutdown of Alaska’s economy lies ahead, and that’s only if things go well, according to some of the state’s leading economists.
Upstream portion of BP Alaska sale to Hilcorp is on track for state approval
State regulators are continuing to evaluate Hilcorp’s financial wherewithal to take a large stake in the Trans-Alaska Pipeline System.
Hilcorp again is lone bidder in Cook Inlet oil and gas lease sale
The Alaska Division of Oil and Gas received three bids from the Houston-based producer, netting the state nearly $179,000 for 7,146 acres.
Poor Kenai River king salmon returns will restrict start of Cook Inlet commercial fishery
The fishing time for setnetters will be no more than 36 hours per week as long as the sport gear and harvest restrictions remain in place.
Army Corps approves long-sought $618 million plan to expand Port of Nome
Congressional approval is the last major hurdle for a project that many officials hope is just the first in a series of infrastructure developments in the Bering Strait region.
Copper River sockeye fishery improves, but the run remains below normal
The Copper River sockeye salmon run has improved after an abysmal start, but not enough for managers to allow for normal fishing periods in the famed early season fishery.
Alaska banks have solid 2020 start but face an uncertain year ahead
Denali State Bank’s loan portfolio grow by nearly 20 percent, largely due to participating in the federal Paycheck Protection Program response to coronavirus-induced economic upheaval.
Change of course for proposed Pebble mine transportation corridor reignites access issues
The lead permitting agency changed the project’s transportation corridor from a southerly route across Iliamna Lake to one along the lake’s northern shore.
Judge allows Anchorage lawsuit over botched port construction to proceed
A federal judge denied the U.S. Maritime Administration’s motion for judgment in Anchorage’s lawsuit against the agency over more than $300 million in failed construction at the city’s port.
Alaska businesses receive $1.2 billion in payroll protection loans, with funds still available
One Anchorage-based bank official said demand for the federal loans has waned recently.