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Freeport-McMoRan Reports First-Quarter 2016 Results

Freeport-McMoRan Reports First-Quarter 2016 Results


To download a PDF of the release, please visit the following link: Freeport-McMoRan Reports First-Quarter 2016 Results


Net loss attributable to common stock totaled $4.2 billion, $3.35 per share, for first-quarter 2016. After adjusting for net charges totaling $4.0 billion, $3.19 per share, first-quarter 2016 adjusted net loss attributable to common stock totaled $197 million, $0.16 per share.

Consolidated sales totaled 1.1 billion pounds of copper, 201 thousand ounces of gold, 17 million pounds of molybdenum and 12.1 million barrels of oil equivalents (MMBOE) for first-quarter 2016, compared with 960 million pounds of copper, 263 thousand ounces of gold, 23 million pounds of molybdenum and 12.5 MMBOE for first-quarter 2015.

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Deming man to do prison time for meth trafficking

By Roger Lanse

Flavio Loya Moncada, 53, of Deming, was sentenced on Monday, April 24, in federal court in Las Cruces to 63 months in prison for his methamphetamine trafficking conviction. Additionally, he is required to forfeit $10,600 to the United States.

Moncada was arrested March 11, 2015, after he sold more than a half-pound of meth to an undercover law enforcement agent, according to a news release.-- Continue reading

Cameron Creek Prescribed Fire Closure Order Lifted

SILVER CITY, NM – The area closure for the Cameron Creek Prescribed Fire will be lifted Tuesday, April 26. The Cameron Creek Prescribed Fire is six miles north and east of Silver City within the Ft. Bay-- Continue reading

Fort Bayard Demolition

The East Wing started coming down this afternoon-won't take long to demo the whole building!

Photos: Mark Erickson

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Silver City Police Department shaken by recent events

By Roger Lanse

By now Grant Countians must know that the murder/suicide which occurred on Silver City's Serinna Court, Thursday, April 21, involved an SCPD captain who shot and killed his ex-girlfriend and then shot himself to death. What people may not know is how this event has affected the department, and more specifically its chief, Ed Reynolds.

"We're devastated by this," Reynolds told the Beat today, "Devastated that one of our officers was involved, an officer who was a coworker and a friend to all of us."

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WNMU finishes a week of activities with the Great Race on Saturday

To top off a week of activities for students at Western New Mexico University, the Great Race took place on Saturday, April 23, with lots of splashes.

Photos by Mary Alice Murphy

Earth Day 2016

Photos by Mary Alice Murphy

Earth Day brought out lots of visitors to Gough Park to find out about a myriad of agencies and organizations working to save Planet Earth. 

Part of the festivities wa-- Continue reading

Protect Rock Art Sites

Protect Rock Art Sites

Before and after photo of rock art damage.

SILVER CITY, NM; April 25, 2016 – The Gila National Forest is home to over 200 recorded rock art sites. Rock art is extremely fragile, once damaged the site can never be repaired to its original condition. Visitors to the rock art sites across the Gila National Forest may notice that these places have not always been respected.

Damaging rock art sites reflects the disrespect of a few for a cultural history that belongs to us all— a history that the Gila National Forest is mandated to protect.

Rock art sites are considered sacred by many people. There are two types of rock art: petroglyphs (motifs that are pecked, ground, incised, abraded, or scratched on the rock surface) and pictographs (paintings or drawings in one or more colors using mineral pigments and plant dyes on the rock surface). The patterns and motifs may be similar, but are never quite the same. Styles vary from place to place, and from culture to culture.-- Continue reading

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