Villages to get multi-million-dollar payments from mine owner

NOME, Alaska (AP) – Eleven villages in Alaska’s northwest arctic borough will soon get yearly multimillion-dollar payments from the operator of a mine in the region in lieu of paying taxes.
KNOM radio reports that the money will come from Teck Alaska, the operator of Red Dog Mine, where zinc and lead are gathered.
KNOM reports that this year, $11 million in profits from Red Dog Mine will be put into a Village Improvement Fund, as well as between $4 and 8 million annually for the next