KYUK AM

Economy

Stories about the local, state, or national economy.

Katie Basile / KYUK

Donlin Gold is touting the results from its most ambitious drilling program yet. This news follows a recent financial report that said that the mining prospect in the Yukon-Kuskokwim Delta was too expensive to build, and likely not going to happen. 


Anna Rose MacArthur / KYUK

The coronavirus pandemic has pushed another big event in Bethel into the virtual space. The Association of Village Council Presidents plans to hold its annual convention online, starting on Wednesday, Sept. 23. 

Courtesy of Calista Corporation.

It’s not too late to enroll as a Calista Regional Native Corporation shareholder. The deadline to apply and be included in the next dividend distribution is Aug. 31.

City Will Not Protest Kusko Kush License Renewal

Aug 12, 2020

Bethel marijuana store Kusko Kush got some good news from Bethel City Council last night. The council decided not to challenge the store’s license renewal, which is going before the Alaska Marijuana Control Board. Bethel has two marijuana stores, located across the street from one another. 

CARES Act Funding For Bethel Nonprofits And Individuals

Aug 12, 2020

Bethel is preparing to deliver CARES Act funding to its nonprofits and local residents. Michelle DeWitt, executive director of Bethel Community Services Foundation, which is managing the program for the city, says that $1 million has been put aside for the effort. All but $100,000 is going to nonprofit companies and agencies.

FCC Broadband Deadline For Tribes Extended To September

Aug 12, 2020
Courtesy of FCC

  The deadline for a federal program allowing tribes to apply for broadband spectrum access has been extended a month. 
 

Since February, the Federal Communications Commission has been accepting applications from tribes across the country to gain access to the 2.5 GHz broadband spectrum. Under this rural tribal window, tribes would be able to access parts of the broadband spectrum that fall on their tribal land. With those licenses, tribes could have the potential to start their own broadband internet networks for their communities. 

$1M For Bethel Businesses

Aug 12, 2020

Who gets the first $1 million of Bethel CARES Act funding is going to be decided on Wednesday, Aug. 12. City council member Mark Springer was appointed to the committee that decides who receives the grants at the Bethel City Council meeting on Aug. 11. The committee will meet on the evening of Aug. 12 at council chambers to decide how the funds should be allocated.

US Census Bureau Will Wrap Up Counting A Month Earlier Than Planned

Aug 5, 2020
Anna Rose MacArthur / KYUK

U.S. Census officials are sounding the alarm about a low rate of response in Alaska, despite having started the once-a-decade tally of everyone living in the United States in an Alaska village. But they say that the lack of response might not be due to the usual difficulties of counting Alaska's remote communities, or the new challenge of the pandemic.

Help is coming to the 538 Bethel businesses hurt in the pandemic in the form of $1 million in CARES Act funding from the city, but the businesses will have to act fast. Michelle DeWitt, the executive director of Bethel Community Services Foundation, the organization managing the funding in the form of grants, says that the deadline for applications is Aug. 10.

Gabby Salgado / KYUK

Bethel residents are waiting in line longer at the post office this summer. The reason? A huge volume of mail, according to U.S. Postal Service spokesperson James Boxrud. 

"We have higher volumes of packages right now than we do even at Christmas time," Boxrud said.

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