We Pursue a Higher Standard
Coeur Alaska, Inc.'s Kensington Mine is an underground, hard rock gold mine located in the Berners Bay Mining District, which has had over 100 years of resource development. The mine, which has a small footprint of approximately 240 acres, is accessed via water with the 45-mile commute along Lynn Canal offering beautiful views including sightings of humpback whales, orcas, and other marine mammals. In 2019, Kensington reached the milestone of over one million ounces of gold produced and celebrated its tenth full year of production on July 3, 2020.
Coeur Alaska has approximately 390 employees at the mine. Kensington has been an important contributor to the region as the second largest private employer in the City and Borough of Juneau in terms of payroll, and the second largest property taxpayer. Coeur Alaska supports the Learn United Reading Tutor Program, UAS Mining Program, UAS Endowment Scholarship Fund, Juneau Gold Rush Days, American Cancer Society Relay For Life, and many other programs and non-profits in Juneau. In addition, many employees are actively involved in local civic, charitable, and educational organizations.
Our purpose statement is, We Pursue a Higher Standard. Everything we do is fueled by this statement; it is our foundation and inspiration for our actions every day. At Coeur Alaska, we PROTECT our people, places and planet, DEVELOP quality resources, growth and plans, and DELIVER impactful results through teamwork.
Coeur Alaska has proposed an amendment to its Plan of Operations (POA 1) to increase tailings and waste rock storage capacity to reflect positive exploration results, improved metal prices, and ongoing operational efficiencies. POA 1 will be analyzed in a Supplemental Environmental Impact Statement (SEIS) by the U.S. Forest Service (USFS). The Draft SEIS now available for review online at https://www.fs.usda.gov/project/?project=55533 and written comments on this proposed action will be accepted by the USFS until December 14, 2020. The final SEIS followed by the Record of Decision is anticipated in June 2021.