The source of this money comes from two factors coinciding at the same time. As Zinc prices increase, so is Nana’s share of their Red Dog mine profits. Just as recent as November, they paid their largest ever dividend of $15/share.
Of course, through the ANCSA 7(i) agreement – all Alaska Native shareholders will benefit. This unique “sharing” provision in ANCSA is just one of the many aspects that differentiate ANCs from other for-profit corporations.