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0:32

Andrew Guy

70:32 - 71:04

“Yeah, 7J has been really beneficial to the villages in my region. We have 4 to 5 village corporations. So 2/3 of them, which is about 30, rely on 7J to be profitable. Or even break even.”
Speaker
Andrew Guy
Community
Alaska News
Location
Alaska
Captured at

From the transcript

Yeah, 7J has been really beneficial to the villages in my region. We have 4 to 5 village corporations. So 2/3 of them, which is about 30, rely on 7J to be profitable. Or even break even. And our villages provide a lot of basic services like operate a store, operate a fuel business, you know, everything that's needed by folks to supplement the hunting and fishing that we have out there.

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Panelists warn two-thirds of Alaska village corporations face a Red Dog revenue cliff

Red Dog Mine's shared payments to Alaska village corporations will likely end by 2032. Panelists say two thirds of the 177 village corporations depend on that money, some for 50-90% of their revenue.

Cover image for article: Panelists warn two-thirds of Alaska village corporations face a Red Dog revenue cliff