Strong zinc prices drove revenues and profits up for Teck Alaska at the Red Dog Mine north of Kotzebue, according to Teck’s rst quarter nan- cial statistics. Revenues were up to C$336 million (Canadian) for the quarter, compared with revenues of C$246 million in first quarter 2017; pro ts were up to C$181 million in the quarter compared with C$121 million for the same period of 2017, and royalties paid to NANA Regional Corp., the land-owner, were C$84 million compared with C$59 million in rst quarter 2017. Under its agreement with Teck, NANA receives 35 percent of Red Dog’s pro ts. That will eventually climb to 50 percent.

Seventy percent of the royalty must be shared with other Alaska Native regional and village corporations under terms of the Alaska Native Claims Settlement Act.