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How a billionaire’s bet on Donlin mine could inject new life into the huge, slow-moving gold projectA global mining giant is selling its 50% stake in Donlin Gold. One of the buyers is John Paulson, who made billions betting against the housing market before the 2008 financial crisis.
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In a list of potentially targeted agencies and programs, the state’s congressional delegation has voiced concerns over one unique to Alaska: Bypass Mail.
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The Yukon-Kuskokwim Delta’s regional corporation has announced it will distribute $13.1 million to its almost 38,500 shareholders this spring.
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Quintillion, owner of the massive subsea fiber optic cable network connecting Prudhoe Bay and Nome, recently secured $25 million toward an extension of its planned 1,000-mile Nome to Homer Express Route.
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Turkey is tightly tied to Thanksgiving tradition, but securing a bird for the holidays off of the road system can be prohibitively expensive. So when community organizations put together Bethel’s first-ever free turkey distribution, the community gobbled up the opportunity.
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Internet and mobile service provider GCI says that it’s completed a major step toward bringing fiber-optic internet to the lower Kuskokwim Delta. The collaborative network will span hundreds of miles, and could bring faster, cheaper internet to homes by early next year.
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Acting city manager Lori Strickler said rectifying the issue of multi-unit properties holding single utility accounts could generate more than $130K in revenue for the city. She said it's part of a long-term plan to ensure the sustainability and affordability of the city's utilities.
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Daphne Nicholai’s Anchorage-based Blackbull Native Store sells and ships village staple foods throughout Alaska. It's been honored by the Alaska Federation of Natives as the 2024 Small Business of the Year.
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The Alaska Division of Community and Regional Affairs is distributing a total of $1.5 million to be used to purchase bulk food, pay for shipping costs, and support food delivery.
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In September, Bethel residents had the rare chance to attend in-person events with opponents of the proposed mine, and with the tribal landholders and mining leaders pushing it forward.
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This year’s combined dividend is about $400 more than last year’s payment, in part because lawmakers set aside surplus oil revenue to boost the amount.
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Reporter Jenna Kunze says the shift in many far-flung communities to satellite internet has been profound.