The most daunting task ahead of AGDC is bringing investors on board and proving to the legislature that the pipeline is economically viable.
For business owners, increasing healthcare costs are squeezing out other investments and limiting growth opportunities. But it is not all bad news; positive things are happening too.
Quite a number of advanced-exploration and development projects are underway—some at existing sites and some at newly discovered areas—that may bring even more mines to fruition in the near future.
The North Slope and the Interior are carrying the brunt of Alaska’s construction projects. Overall, however, the state’s construction landscape continues to inch toward brighter pastures.
Many people only associate Native corporations with resource extraction projects and investments; however, most have far more diversified investment portfolios, with many teaming up with local businesses.
At 8:30 a.m. on November 30, Alaskans were shaken by a 7.0 magnitude earthquake that hit about eight miles north of Anchorage. The quake shook buildings, rattled road systems, and even prompted a tsunami warning that was later canceled.