The word “audit” is known to strike fear into the hearts of companies and organizations. However, that’s not the case at CIRI.
Ballot Measure 1 Fails by Sizable Margin
A controversial ballot measure that threatened improvements to roads, runways and other public infrastructure, Ballot Measure No. 1 was struck down by voters on Nov. 6.
CIRI Welcomes new Chief Financial Officer
Please join CIRI in welcoming Daniel Mitchell as the company’s new Chief Financial Officer.
Overview of Settlement Trust After 2017 Tax Act
The Alaska Native Claims Settlement Act (ANCSA) Amendments of 1987 permit Alaska Native corporations (ANCs) to establish settlement trusts, which were designed as a mechanism for replacing or supplementing corporate dividends.
Totchaket Drilling Update
Targeting a promising oil and gas prospect, CIRI joined fellow Alaska Native regional corporation Doyon, Limited in drilling the Totchaket #1 well.
ANVCA Shines Light on Contaminated Lands Issue
Unbeknownst to them at the time, hundreds of contaminated sites would be conveyed to ANCs under ANCSA – including 650 “known” tracts of land, according to a 1998 U.S. Department of the Interior report.
CIRI Signs Letter Agreement for Lease Rights to Johnson Tract Mineral Deposit
On June 19, Constantine Metal Resources, a Canadian mineral exploration company, signed a letter agreement with CIRI to study a gold and zinc-rich deposit on CIRI-owned land in Lake Clark National Park and Preserve.
New Permitting Process for Access to CIRI Lands
For the first time this summer, the Kenai River Sportfishing Association will assist CIRI in issuing permits to members of the general public who wish to access CIRI lands along the Kenai River for the purpose of sportfishing.
2018 Election Results
Preliminary results indicate that CIRI shareholders elected five individuals to the CIRI Board of Directors at the company’s 2018 Annual Meeting.
Anti-Development Initiative Goes Before State Supreme Court
The so-called Yes for Salmon ballot initiative that would overhaul regulations affecting virtually any type of project in Alaska came before the state Supreme Court April 26. The court will decide if the initiative is constitutional.