Alaska News

Sealaska gets stimulus funds for forest thinning

The federal government is giving the Sealaska Corporation close to a million dollars to thin second-growth forests on Prince of Wales Island. The Forest Service also plans to thin trees using federal stimulus money. But they’ve got different aims.Related Link: Click here for more information and earlier reports.

Sealaska defends Kookesh; continues land effort

Sealaska Corporation says alleged threats made by its board chairman will not derail efforts to get a lands-selection bill through Congress. Albert Kookesh, also a state senator, was part of a corporate delegation visiting a recent Craig City Council meeting. Sealaska officials pushed local leaders to support its proposed takeover of valuable timberlands on Prince…

Sealaska sends elders larger dividends

Older Sealaska shareholders have until November 20th to sign up for larger dividends. It’s the first time the regional Native corporation is making an extra payment to elders. But it’s not the first corporation to do so.Related Link: Find out more about the program, and those of other corporations.

Sealaska seeks stimulus grant for tree-thinning

Sealaska wants the federal government to spend some of its stimulus money thinning trees. The Southeast regional Native corporation has asked for close to a million dollars to expand its own forest-management program. Officials say the money could keep 40 rural residents on the job.Related Link: Find out more about Sealaska’s timber operations. Click here,…

Sealaska board faces term-limits measure

Sealaska board members could face term limits under a measure before shareholders. If it passes, the regional corporation for Southeast Natives would see a major change in its elected leaders. Shareholders are also considering giving elders more stockRelated Link: Click here, then on “more,” for links to Sealaska documents.

Sealaska, Tlingit-Haida plan partnerships

Southeast Alaska’s biggest Native corporation and its largest tribal organization are developing new business partnerships. Leaders say they hope to provide employment and services for villages and other economically-strapped parts of the region.

Market crash hits Sealaska revenues

The recession has cost Sealaska tens of millions of dollars. Leaders of the Southeast-based regional Native corporation says it’s still strong, with new businesses entering new markets. But its investments have dropped in value, which will affect shareholders’ dividends.Related Link: Link to Sealaska’s annual report.

Sealaska: High dividends won’t last

Resource development in other parts of the state continues to boost dividends for Sealaska’s 20,000 shareholders. It’s keeping payouts up at the same time investment earnings are down. But officials say it won’t last. moRelated Link: Read the press release about the dividend.

Sealaska lands bill will be reintroduced

Southeast’s regional Native corporation will get another shot at land it wants in the Tongass National Forest. Two members of Alaska’s Congressional delegation say they will re-introduce Sealaska land-selections legislation this year.Related Link: Hear a report on opposition to the bill.

Sealaska fall dividend boosted by oil earnings

Oil wealth from the North Slope is fueling Native corporation dividends statewide. That includes Southeast’s Sealaska, which is issuing its second-largest shareholder payment this decade. The profits will help replace investment earnings hit hard by the falling stock market.Related Link: Click here, then on “more” for dividend details and earlier reports on Sealaska.

Sealaska invests in second California casino

Southeast Alaska’s regional Native corporation is continuing to push its investment in a second California casino. That’s despite growing opposition from local residents, including the town’s city council. Sealaska is working with a Pomo Indian group to develop the gambling resort about 90 miles north of San Francisco.Related Link: Click here, then on “more,” for…

Sealaska shareholders re-elect incumbents

Sealaska shareholders re-elected four members of the corporation’s board of directors at June 28th’s annual meeting in San Francisco. The board is looking at increasing investments in Southeast to help economically-strapped villages.Related Link: Listen to a report on Sealaska’s investments and revenues.

Finding a link to On Your Knees Cave man

What if you could trace your family to a single man who lived over ten millenia ago? It’s a mind-boggling concept that Southeast Alaskan Natives may one day have a chance to contemplate. Scientists recently took advantage of one of the largest gatherings of Southeast Natives to collect DNA samples from volunteers. They want to…

Sealaska revenues jump; timber company diversifies

Southeast Alaska’s regional Native corporation had its highest revenues in recent memory last year. Sealaska made money from investments, timber operations and a number of other subsidiaries. The corporation’s annual report was released as shareholders prepared for Sealaska’s annual meeting, which will be held this year in San Francisco.Related Link: Link to Sealaska’s annual report…

Sealaska explores “green” forestry

Sealaska wants to cash in on corporate America’s interest in going green. The Southeast regional Native corporation is looking into certifying its timber operations as sustainable. It’s also checking into emerging markets for offsetting carbon dioxide emissions. Sealaska, Southeast’s largest timber producer, is working with environmental groups such as Greenpeace. But there’s no guarantee it…

Sealaska buys land for new California casino

The Sealaska Corporation has purchased a 25-acre property in California’s Sonoma County, about 80 miles north of San Francisco. The regional native corporation plans to build a casino there in partnership with the Cloverdale Rancheria tribe of Pomo Indians.

Fall dividend first for new Sealaska shareholders

About a thousand Alaska Natives with roots in Southeast will get their first Sealaska dividends soon. The Juneau-based regional Native corporation will make its next payout in early December. It’s the first dividend since shareholders voted to add descendents to the corporate rolls. It’s also the largest paid out in years.Related Link: Find out if…

Sealaska seeks final Southeast land selections

Southeast Alaska’s regional Native corporation could acquire more federal land under a bill introduced by Congressman Don Young. Sealaska hopes to select second-growth timberland on Prince of Wales Island that is now part of the Tongass National Forest. It also wants a number of sacred sites and other cultural properties throughout the region.

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