Industry increases.
Position | Alaska's mineral industries show increased production in 1990 - Alaskan Business Briefs |
Industry Increases. At $534 million, Alaska's mineral production in 1990 nearly doubled that of 1989's $277 million, according to a preliminary summary of the state's 1990 mineral industry report, released by the departments of Natural Resources and of Commerce and Economic Development. The value of gold production, at $89 million, remained fairly constant in 1990.
Glenn Olds, Alaska's commerce and economic development commissioner, notes that for the first time in decades, the production value from Alaska's precious metals (gold, silver, platinum) has been exceeded by production value from major metal mines, such as Red Dog and Greens Creek.
"Increased exploration expenditures in 1990 signal continued confidence in...
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