Kinross drops ore haul volume by 20 percent; Contango blames bridge restriction near North Pole

Contango Ore claims new weight restrictions on the Chena River flood control bridge will mean a 20 percent cut in the amount of ore hauled to the Fort Knox mine.

Contango and Kinross had intended to haul 50 tons of rock per load. A 20 percent reduction means the trucks will only carry 40 tons per load.

But something about this doesn’t add up. The new 80-ton bridge limit should not have led to a 10-ton reduction for each truck.

Read More
Dermot Cole Comments
'Final report' on state salary study was due five months ago. Where is it?

The AIDEA study about the economics of AIDEA is not the only important state-funded report that has yet to see the light of day.

A comprehensive $800,000 study on the salaries of state workers and whether they are high enough for market conditions is another. Hiring problems have become chronic at state agencies, leading to a decline in services. Low salaries are one of the recruitment problems.

The salary study was to have been completed by June 30, allowing enough time to work its recommendations into the proposed state budget that is due from Gov. Mike Dunleavy in two weeks.

Read More
Dermot Cole Comments
Dunleavy goes on TV to praise Trump, while state services collapse around him

Gov. Mike Dunleavy has plenty of time to opine on why Donald Trump’s cabinet nominees deserve prompt approval by the U.S. Senate and he has plenty of time to go on Fox News and praise the wisdom of Donald Trump.

But the Alaska governor won’t take the time to explain to Alaskans what he has done—if anything—about the critical collapse in operations under his watch at the Alaska Division of Retirement and Benefits.

Read More
Dermot Cole Comments
Fairbanks school district could face $8 million to $32 million deficit next fiscal year, layoffs, school closures

As predicted last spring before the tax cap election, the Fairbanks school district faces the prospect of major cuts in the next fiscal year of anywhere from $8 million to $32 million, the school board heard Tuesday night.

The financial environment for public education in Alaska is not stable, largely because of inaction at the state level and the lack of leadership from Gov. Mike Dunleavy.

Read More
Dermot Cole Comments