Freeport-McMoRan Declares Quarterly Cash Dividends on Common Stock 062123

To download a PDF of the release, please visit the following link: Freeport-McMoRan Declares Quarterly Cash Dividends on Common Stock

PHOENIX--(BUSINESS WIRE)-- Freeport-McMoRan Inc. (NYSE: FCX) announced today that its Board of Directors declared cash dividends of $0.15 per share on FCX’s common stock payable on August 1, 2023, to shareholders of record as of July 14, 2023. The declaration includes a base dividend of $0.075 per share and variable dividend of $0.075 per share in accordance with FCX's performance-based payout framework. The payment of dividends is at the discretion of the Board, which will consider FCX's financial results, cash requirements, global economic conditions and other factors it deems relevant.

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Rico Fire Update – June 21, 2023 - evacuation center opened

Rico Fire Update – June 21, 2023 

  • Location: ¼ mile NW of Pinos Altos, NM 
  • Size:  250 acres                                                                        
  • Containment:  0% 
  • Personnel:  142  
  • Start Date:  June 20, 2023 
  • Cause:  Under investigation 
  • Fuels:  Slash, timber and brush 
  • Evacuations:  In progress 

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Courtesy Photos taken from Gomez Peak of the Rico Fire

Thanks to Susan Hicks for these two photos, with an airplane, in the right photo, set to attack the Rico Fire about 6 p.m. June 20, 2023.

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Latest Rico Fire update 8:33 p.m. 062023

Rico Fire has grown to 250 acres in size. It is estimated to be 95% on Bureau of Land Management lands. Retardant laid down by aircraft earlier was effective in slowing the fire's progression. This will give dozer and hotshot crews a good opportunity to work on containment line construction tonight.

REMOVED: Road Closure Silver City Area NM 15 and NM 35 at milepost 6-25 southbound closed due to Rico Fire

ROAD ADVISORY UPDATE: 062123 PM

CLOSURE REMOVED– SILVER CITY AREA 

At the junction of NM 15 and NM 35 at mile post 6 to milepost 25 the southbound lanes are now open, fire is still burning in the Gila National Forrest, please proceed with caution.

ROAD ADVISORY: 062023

CLOSURE– SILVER CITY AREA

At the junction of NM 15 and NM 35 at mile post 6 to milepost 25 the southbound lanes are closed due to a fire in the Gila National Forrest. Motorists are asked to obey posted signs and seek an alternate route.

updates:Rico Fire erupts west of Pinos Altos

Rapid growth to 40 acres, air and ground resources responding

Updates:  Please note that SMALL animals that have been evacuated from the Rico Fire may be taken to the High Desert Humane Society.

Evacuated Large animals may be taken to Southwest Horseman’s Association Arena off of US Hwy 180 and Caballero Road just East of Silver City, New Mexico.

SILVER CITY, NM, June 20, 2023 – Fire crews are responding to a new wildfire ignition located approximately 1.5 miles northwest of Pinos Altos. The Rico Fire started on Bureau of Land Management land and has quickly grown to approximately 40 acres; the cause is unknown. It is burning in pine timber, oak brush, and grass.

Numerous structures are threatened and some residents have been evacuated, based on on-site judgement exercised by local police, sheriff, and state police in coordination with the Forest Service. The Grant County Emergency Manager has opened an evacuation center at the Grant County Business and Conference Center located at 3031 Highway 180 E. in Silver City. Evacuated animals should be taken to the High Desert Humane Society at 3050 Cougar Way, Silver City.

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Revised page out time: Fire breaks out near Pinos Altos

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img 6696Article by Roger Lanse Photos by Mary Alice Murphy

A wildfire has broken out northwest of Pinos Altos near the Bear Creek Cabins. According to Pinos Altos Fire and Rescue Public Information Officer Jennifer Olson, the fire was called in to the Grant County Regional Dispatch Authority at 3:26 p.m. today, Tuesday, June 20, and PAVFR had multiple engines and personnel on the move toward the fire in minutes. She heard that the U.S. Forest Service had two single-engine air tankers committed, as well.

Maribeth Pecotte, USFS PIO. told the Beat that their agency has seven engines on the fire, and that the fire probably started on Bureau of Land Management land.

As information becomes more available, the Beat will report it.

Bayard approves fiscal year 2024 budget

By Lynn Janes

The town of Bayard held a special meeting May 31, 2023. The meeting started with Mayor Chon Fierro calling the meeting to order and leading the Pledge of Allegiance. Attendance at the meeting included Mayor Pro tem Raul Villanueva and councilors Frances Gonzales, and Jose Diaz. Eloy Medina did not attend.

The council approved the agenda

Public input none currently.

Old business

The council approved the interim fiscal year budget for 2024. Gonzales expressed concern over the budget because of some changes that would cause a loss in fees coming to Bayard and already Bayard has had to transfer funds from the general fund to support the court. Diaz said he had gone to a training in which he found out that the courts in municipalities will not be able to charge court fees anymore.

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