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In Alaska, production royalties are 3% of a miners net income as calculated through the Mining License Tax. From that 3%, miners can deduct the rent they pay to the state for their claim/lease that produced the mineral. Production royalties are due May 1 of every year.
What is mined for in Alaska?
Gold, silver, copper, zinc, graphite, cobalt, lead, Rare Earth Elements, and other minerals are found in Alaska, many of which are actively mined. In fact, many of these minerals are critical components in renewable energy technology.
Is there still mining in Alaska?
Areas near Fairbanks and Juneau, and Nome have produced most of Alaskas historical output and provide all current gold production as of 2021. Nearly all of the large and many of the small placer-gold mines currently operating in the US are in Alaska.
Is Alaska a mining state?
Mining is vital to the economies of Southeast Alaska, providing jobs for thousands of Alaskans and millions of dollars of personal income. Alaskas mining industry includes exploration, mine development, and mineral production.
Do you need a permit to mine gold in Alaska?
Permits and licenses are required by as many as 12 State and Federal agencies to conduct exploration or mining activities in the State of Alaska. To assist the mining industry navigate this complex permitting process, the State designed the Application for Permits to Mine in Alaska (APMA).
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Alaska leads in zinc production in the U.S. and is a major producer of gold. It also produces gemstones, construction sand and gravel, crushed stone, lead, and silver. Metals contribute over 90% of the value of minerals mined in the State.
How do I file a mining claim in Alaska?
In Alaska, claims and sites can also be recorded with the BLM district office located in Fairbanks. County: State laws require filing the original location notice or certificate in the county recorders office, county clerks office, or borough office.
Related links
MINING LAWS
It includes all necessary forms for proceedings under the mining laws of both countries. A glossary of facts pertinent to Alaska and the. Northwest
As required by the Water Resources Development Act of 1992 (WRDA), I am pleased to transmit the Environmental Protection Agencys (EPA) Report to Congress
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