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...First, mining companies get a tax holiday for the first 3.5 years of a mine's operation. In the Interior, the Illinois Creek Mine went bankrupt within two years of operation, so Alaska never collected royalties or any mining taxes from the operation...
...The Greens Creek mine near Juneau ranked second, with 42.5 million pounds of toxic chemical releases. And the Illinois Creek mine, 300 miles north of Anchorage, released 28 million pounds, ranking it third, according to the Anchorage Daily...
...Fairbanks is Alaska's largest gold producer and there was continued gold production from the Nixon Fork Mine, the Illinois Creek Mine and several dozen placer mines around the state through 1998. The Juneau-based Sealaska Corp. began production...
...mine abandons operations or goes bankrupt, as the Illinois Creek Mine in west-central Alaska did in 1999, Chambers said...lucky that it was able to fund the closure of the Illinois Creek Mine by finding a contractor who continued to operate...
...from Anaconda Minerals in the early 1980s. One gold project has been developed in CIRI-owned mining claims - the Illinois Creek Mine in western Interior Alaska. Mining is temporarily suspended due to low gold prices, however. CIRI is the only...
...State to take over troubled mine FAIRBANKS - The state is planning a July 1 takeover of the financially troubled Illinois Creek Mine, about 60 miles southwest of Galena. That would mark the state's first attempt at bringing a producing hard-rock...
...said. When gold was going for about $375 an ounce in 1996, Dakota Mining started pouring $40 million into the Illinois Creek Mine near Galena, said Steve Hartung, the court-appointed receiver of the mine when it went bankrupt in late 1998...
...from Anaconda Minerals in the early 1980s. One gold project has been developed in CIRI-owned mining claims - the Illinois Creek Mine in western Interior Alaska. Mining is temporarily suspended due to low gold prices, however. CIRI is the only...
...Fairbanks is Alaska's largest gold producer and there was continued gold production from the Nixon Fork Mine, the Illinois Creek Mine and several dozen placer mines around the state through 1998. The Juneau-based Sealaska Corp. began production...
...State to take over troubled mine FAIRBANKS - The state is planning a July 1 takeover of the financially troubled Illinois Creek Mine, about 60 miles southwest of Galena. That would mark the state's first attempt at bringing a producing hard-rock...