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Don Sheldon

September 5th, 2009 Posted By: Morgan Howard No Comments


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NANA Regional Corporation

May 12th, 2009 Posted By: Morgan Howard 2 Comments


The NANA region encompasses more than 38,000 square miles and is comprised of 11 villages

The NANA region encompasses more than 38,000 square miles and is comprised of 11 villages

Region

Comprised of 11 villages, the NANA Region is a vast, beautiful 38,000 square miles located in Northwest Alaska. The borders of our lands, and those of the region’s main governing body, the Northwest Arctic Borough, are the same and cover an area of land that is roughly the size of the state of Indiana. As a corporation, we manage the surface and subsurface rights of approximately 2.2 million acres of land in the region to the benefit of our 12,500 Iñupiat shareholders.

Shareholders

More than 7,300 people call the NANA region home. Of these, more than 85 percent of region’s residents are Iñupiat, descendants of the people who settled the region thousands of years ago. Subsistence plays a key role in the lives of shareholders. For centuries, the Iñupiat  have relied on hunting and fishing. For most families in the NANA region, the household economy is a mix of participation in  subsistence activities and full-time or part-time employment.

Subsistence is not just economic necessity – it also plays a strong cultural and social role – and the preservation of subsistence resources is a vital element of NANA shareholder cultural identity and values.

NANA Mission

We improve the quality of life for our people by maximizing economic growth, protecting and enhancing our lands, and promoting healthy communities with decisions, actions, and behaviors inspired by our Iñupiat Ilitqusiat values consistent with our core principles.

 NANA Lands

Today, NANA owns 2.28 million acres, or approximately 9.4 percent of the 24.3 million acres that comprise the NANA region. NANA  lands encompass an area that is roughly the size of Indiana. In 1972, a merger of the area’s regional corporation and ten of the eleven village corporations resulted in NANA’s ownership of both the surface and subsurface acreage, with the exception of the surface acreage Kikiktagruk Iñupiat Corporation (KIC) retained.The land selection and conveyance process is now largely completed, but the work of the NANA Lands Department continues to ensure that our rights are never again in question.

 Resources

 

Business Lines

NANA operations, which extend from the Arctic Circle to Antarctica across the continental United States to the Middle East and South Pacific, cover these four categories: engineering & construction; resource development; facilities management and logistics; and information technology and telecommunications. Our clients and partners are world-class professionals – petroleum and mining, private enterprise, and government operations.

Jobs at NANA – http://jobs.nana.com/careerscorp/

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NANA announces special one-time dividend

March 27th, 2008 Posted By: Morgan Howard No Comments


Red Dog MineNANA will providing a one-time dividend to their shareholders to commemorate its 35th anniversary. The dividend is $9 per share and will be paid April 11 to more than 11,400 shareholders.

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.

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