The Alaska Community Foundation announced a new partnership with Hilcorp Alaska that will result in more than $5 million in charitable contributions over the next twelve months. Through this partnership, ACF will take over the administration of Hilcorp Alaska’s giving program and disperse the employee guided donations statewide.
Millrock Resources provided an update on recent activity and plans. Initial drilling at the Aurora target on the West Pogo Block of the 64North Gold Project is scheduled to begin in early March. Earn-in partner Resolution Minerals reported it successfully raised $4.5 million to fund the planned work.
McKinley Capital Management has acquired McDowell Group, Alaska’s largest economic research firm. The acquisition will improve McKinley Capital’s ability to market the economic benefits available to investors in Alaska and further demonstrate that Alaska shares the high economic upside of an emerging market, according to McKinley Capital CEO/CIO Rob Gillam.
At the Anchorage Economic Development Corporation’s (AEDC) 2020 Economic Forecast Luncheon, AEDC President and CEO Bill Popp shared with the Anchorage business community the organization’s projections for 2020.
As part of its ongoing efforts to foster sustainable development of natural resources, the Bureau of Land Management is seeking nominations for the 2020 Reclamation and Sustainable Mineral Development Awards. The deadline for submissions is March 31, 2020. Awards are slated to be presented in the fall.
An unprecedented marine heatwave that took hold in 2014, known as “the warm Blob,” was the driver behind many environmental changes that led to record entanglements of humpback and other whales. This put the region’s most valuable commercial fishery at risk, new research shows.