RED DOG MINE
Red Dog Operations is one of the world's largest zinc mines, located about 170 kilometres north of the Arctic Circle in northwest Alaska, near Kotzebue.
In 1989, Red Dog Operations was developed through an innovative operating agreement between the operator Teck and the land-owner NANA, a Regional Alaska Native corporation owned by the Iñupiat people of northwest Alaska. The mine and concentrator properties are leased from, and were developed under the agreement with NANA.
Red Dog is an open-pit truck-and-loader operation, using conventional drill and blast mining methods. Concentrates produced at Red Dog are shipped to our metallurgical facilities in Trail, British Columbia, and to customers in Asia and Europe.
The mine life is expected to continue to 2032.
Red Dog Operating Results
| ($ in millions) | 2020 | 2019 | 2018 |
|---|---|---|---|
| Revenue | $1,394 | $1,594 | $1,696 |
| Gross Profit before depreciation and amortization(1)(2) | $717 | $837 | $990 |
| Gross Profit | $513 | $696 | $864 |
| Production - Contained in concentrate (000' tonnes) | 491 | 553 | 583 |
| Sales (000' tonnes) | 551 | 561 | 521 |
Notes:
(1) Non-GAAP Financial Measure. See “Use of Non-GAAP Financial Measures” section for further information.
(2) See “Use of Non-GAAP Financial Measures” section for reconciliation.