Contango: How Is Mining Creating Jobs and Supporting Indigenous Communities in Alaska and BC?
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Contango Silver and Gold is highlighting the broader economic impact of mining through its partnerships with Alaska Native corporations, tribal organizations and First Nations communities in British Columbia. At its Manh Choh Mine in Alaska, local Indigenous communities benefit from employment opportunities and royalty payments that support long-term economic development.
Through these partnerships, mining revenues can help fund scholarships, community facilities and future generations. In Alaska, royalty revenues have contributed to a permanent fund managed by the local tribe, allowing the community to determine how those resources are invested. In British Columbia, Contango also works with Nisga'a-owned businesses and local workers, supporting services ranging from road construction to land clearing.
Beyond community investment, mining provides high-paying employment opportunities, with average mining salaries in Alaska reaching approximately $120,000 annually, according to the company. By prioritizing local hiring, Indigenous partnerships and community participation, Contango is demonstrating how mining can deliver economic benefits that extend well beyond the mine site.
For more information on Contango Silver and Gold (NYSE-A: CTGO, TSX: CTGO) please click on the request investor info button.
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