Board Declares Second Quarter Dividend

At its April board meeting, the CIRI Board of Directors declared a 2004 second quarter dividend of $7 per share. Shareholders with 100 shares of stock will receive $700. This amount represents taxable income to shareholders.

Checks will be mailed or directly deposited into accounts on Wednesday, June 30, 2004. A voucher will be mailed showing the amount for those participating in direct deposit. Dividend checks are mailed to the address CIRI has on record and cannot be picked up at the CIRI office.

Shareholders who have their dividends directly deposited into their bank accounts need to make sure that their payments are not being deposited to closed or incorrect bank accounts. To sign-up for direct deposit for future distributions, download the direct deposit form from this website.

CIRI Donates Large Mineral Collection to UAA

CIRI has donated a large collection of mineral exploration data known as the Anaconda Collection to the University of Alaska Anchorage. Named after the Anaconda Minerals Company, which acquired the bulk of information between 1975 and 1985, the donated materials comprise approximately 1,800 files and 4,300 maps and figures relating to minerals exploration conducted throughout much of Alaska.

Information in the collection represents the results of many millions of dollars of minerals exploration and includes geologic and geochemical maps and reports, notes, analyses, drilling results and geophysical surveys as well as other forms of mineral exploration data.

Since 1998, the federally funded Minerals Data and Information Rescue in Alaska (MDIRA) effort has sought to preserve and increase public accessibility to valuable Alaska minerals information. The MDIRA Liaison Committee recognized that CIRI’s Anaconda Collection was a large body of minerals information that should be preserved, organized, and made available to the public.

With funding from the MDIRA program and assistance from the Bureau of Land Management, the donated files are available to the public at the Alaska Resources Library and Information Services (ARLIS) in Anchorage while donated maps are housed at the Alaska Department of Natural Resource’s Geologic Materials Center in Eagle River.

“CIRI is happy to make this collection, which represents data outside of the Cook Inlet region, available to the public. We hope this data will aid in the discovery of new ore deposits that will one day become mines and contribute to Alaska’s economy,” said CIRI Vice President, Real Estate, Kirk McGee.

Dean Steve Rollins of UAA commented, “It’s important to preserve valuable information such as the Anaconda Collection. I hope that this is only the first of other similar collections that UAA can help to make available to the public.”