Royalties are a good idea

It has been suggested that if Juneau approves reopening of the AJ Mine, it should receive small royalty payments. Good idea. Why does Juneau not receive a small royalty from Greens Creek and Kensington mines?

A small royalty from big mines within the City and Borough of Juneau, dedicated to the University of Alaska Foundation, for endowed professors, reduced student tuition and campus development at the University of Alaska Southeast, could make Juneau an increasingly important and successful American community — far beyond the lifespan of big mines.

We like to talk about “economic diversity.” What better way to ensure economic diversity than by building a University to Match out Mountains? Proper management of our mineral resources could do that. Where would we be if our community had done that with the great wealth from Treadwell and AJ?

Jim King



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