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Photos by Mary Alice Murphy

A reception took place this evening at Bear Mountain Lodge to showcase Bede Clarke and his works

Four examples highlight his art.

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By Mary Alice Murphy

On Tuesday morning, the Community Partnership for Children (CPC), of which Terry Anderson is the coordinator, hosted a breakfast and presentation on shared services by expert Celissa Hoyt of New Hampshire.

The CPC is working on a shared services pilot program for Grant County childcare services. CPC is a not-for-profit organization that promotes excellence in the care and development of young children.

Anderson said the organization has been in the community 13 years.

By Roger Lanse

Frank Gomez, 51, of Silver City, pleaded not guilty on Monday, July 24, in 6th Judicial District Court, to an April 28, 2017, charge of criminal sexual contact of a minor (force or coercion), a fourth degree felony, according to George Zsoka, Chief Assistant District Attorney. Gomez remains in custody at the Grant County Detention Center under a no bond hold. A trial date for Gomez has yet to be scheduled.

By Mary Alice Murphy

In a 19-minute meeting (Commission Chairman Brett Kasten timed it) on Tuesday, July 25, 2017, commissioners approved two financial items.

The first resolution addressed the final quarter financial report for the fiscal year ending June30, 2017.

Financial Officer Linda Vasquez highlighted the "big three—the General Fund, the Road Department and the Detention Center."

investors.fcx.com
Freeport-McMoRan Reports Second-Quarter and Six-Month 2017 Results

To download a PDF of the release, please visit the following link: Freeport-McMoRan Reports Second-Quarter and Six-Month 2017 Results

PHOENIX--(BUSINESS WIRE)-- Freeport-McMoRan Inc. (NYSE: FCX):

  • Net income attributable to common stock totaled $268 million, $0.18 per share, for second-quarter 2017. After adjusting for net gains of $27 million, $0.01 per share, second-quarter 2017 adjusted net income attributable to common stock totaled $241 million, $0.17 per share.
  • Consolidated sales totaled 942 million pounds of copper, 432 thousand ounces of gold and 25 million pounds of molybdenum for second-quarter 2017.
  • Consolidated sales for the year 2017 are expected to approximate 3.7 billion pounds of copper, 1.6 million ounces of gold and 93 million pounds of molybdenum, including 940 million pounds of copper, 375 thousand ounces of gold and 22 million pounds of molybdenum for third-quarter 2017.
  • Average realized prices were $2.65 per pound for copper, $1,243 per ounce for gold and $9.58 per pound for molybdenum for second-quarter 2017.
  • Average unit net cash costs were $1.20 per pound of copper for second-quarter 2017 and are expected to average $1.19 per pound of copper for the year 2017.
  • Operating cash flows totaled $1.0 billion (including $144 million in working capital sources and changes in tax payments) for second-quarter 2017 and $1.8 billion (including $322 million in working capital sources and changes in tax payments) for the first six months of 2017. Based on current sales volume and cost estimates, and assuming average prices of $2.65 per pound for copper, $1,250 per ounce for gold and $7.50 per pound for molybdenum for the second half of 2017, operating cash flows for the year 2017 are expected to approximate $3.8 billion (including $0.6 billion in working capital sources and changes in tax payments).
  • Capital expenditures totaled $362 million (including approximately $210 million for major mining projects) for second-quarter 2017 and $706 million for the first six months of 2017 (including approximately $420 million for major mining projects). Capital expenditures for the year 2017 are expected to approximate $1.6 billion, including $0.7 billion for underground development activities in the Grasberg minerals district in Indonesia, which depends on a resolution of PT Freeport Indonesia's (PT-FI) long-term operating rights.
  • At June 30, 2017, consolidated cash totaled $4.7 billion and consolidated debt totaled $15.4 billion, compared with $4.2 billion of consolidated cash and $16.0 billion of consolidated debt at December 31, 2016. FCX had no borrowings and $3.5 billion available under its revolving credit facility at June 30, 2017.

img 3085howellPhoto by Mary Alice Murphy of Anthony Howell beside one of his large format photos. Part of another can be seen behind him.

A public reception took place Monday evening at The Wherehouse on Texas Street south of Broadway.

The recption honored Anthony Howell and his large rock art photography.

 

Photos by Mary Alice Murphy

At the reception Sunday evening at Finn's Gallery for the 2017 Clay Festival Juried Show, juror Diego Valles of Mata Ortiz, Chihuahua, Mexico, congratulated event founder and director, Lee Gruber, and her team for "putting on such a great festival again."

Live from Silver City

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