A Native Regional Corporation, Calista Corporation, owns the ore deposit on the large Donlin Gold Prospect in western Alaska. They have made an arrangement with Donlin Gold LLC to mine the property. The property is finishing permitting and the gold mining company has not yet determined whether it is economical to construct the mine at today's gold prices. But let's say that sometime, now or in the future that Donlin Gold LLC pays Calista $1 million dollars in rent or royalty. 

How much of that money would Calista keep? How much would Sealaska, another Regional Native Corporation, receive from Calista's revenues? Please show (and explain) your work. 

Note that Calista has roughly 10% of the total ANCSA Shareholders and Sealaska has roughly 20%.

Answer rating: 100% (QA)

Answer To solve this problem we need to understand the revenue sharing mechanism between Calista Cor... View the full answer