Freeport-McMoRan Reports First-Quarter 2023 Results

Please click on this link to download and view the entire report

https://s22.q4cdn.com/529358580/files/doc_news/2023/FCX_230421_1Q_2023_Earnings_Release.pdf 

Brief summary of long report:

• Production and sales impacted by February weather event; achieved full recovery in March
• Consolidated unit net cash costs in line with January 2023 estimate
• Advancing leach recovery initiatives
• Strong balance sheet and positive outlook for cash flow generation to support continued organic growth and
cash returns to shareholders

Freeport-McMoRan Publishes 2022 Annual Report on Sustainability  

To download a PDF of the release, please visit the following link: Freeport-McMoRan Publishes 2022 Annual Report on Sustainability

PHOENIX--(BUSINESS WIRE)-- Freeport-McMoRan Inc. (NYSE: FCX) today announced the publication of its 2022 Annual Report on Sustainability detailing its environmental, social and governance (ESG) performance during the year. This report marks FCX’s 22nd year of reporting on its sustainability progress. FCX has a long history of robust ESG programs and strives to embrace evolving stakeholder expectations and best practices.

Richard C. Adkerson, Chairman of the Board and Chief Executive Officer said: “As global decarbonization accelerates, demand for copper is expected to increase. We are committed to meeting the growing demand for copper through our sustainability strategy: Accelerate the Future, Responsibly. Our strategy recognizes the vital role we play in global progress – including decarbonization – and our dedication to continuously advance responsible production of our productsI am proud of our Freeport team for their accomplishments during 2022 and ongoing dedication to delivering on our sustainability strategy in alignment with our business objective of being Foremost in Copper.”

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Grant County Commission work session held April 11, 2023 and regular meeting on April 13, 2023, part 7

[Editor's Note: This is part 7 of a multi-article series on the Commission work session on April 11, as well as on the regular meeting on April 13, 2023. This article continues with the presentations at the regular meeting by applicants for the GRMC Board of Trustees.]

Article by Mary Alice Murphy

The Grant County Commission regular meeting on April 13, 2023 continued with commissioners hearing presentations from several more applicants for the Gila Regional Medical Center Board of Trustees.

The first applicant, Susan Hanna, was not present.

Patricia McIntire presented her case for being appointed to the board. She noted that she moved with her family and 70 head of cattle to Grant County in 1990 because they had a grazing permit. "I was surprised to find a quality health care system here, and I began working as a nurse." She served as a nurse practitioner and as a nurse educator.

"I would like to share with you some of my principles that have guided my practice," McIntire said. "Those principles I would bring to serving on the board of trustees. The first is that all care is critical. My early practice was in critical care, ICU (intensive care unit), OR (operating room), coronary care. The nurse has to be aware of what's going on and needs to be three steps ahead to avert disasters. Nurses and other health care providers need to use all their training, skills and highest decision- making to help patients achieve their best health."

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Grant County Commission work session held April 11, 2023 and regular meeting on April 13, 2023, part 6

[Editor's Note: This is part 6 of a multi-article series on the Commission work session on April 11, as well as on the regular meeting on April 13, 2023. This article continues with the review of and a presentation at the regular meeting.]

Article by Mary Alice Murphy

Grant County commissioners at their regular meeting heard a 2023 Legislative Session update from District 28 Sen. Siah Correa Hemphill.

"We had a very good session," Hemphill said. "We passed a $9.5 billion budget. I'm very proud that we still maintained a 30 percent reserve, and we made progress toward diversifying our economy. We made a significant allocation toward water infrastructure, so we can start to get our Regional Water Plan project going and to bring in funding for recovery issues, too. We passed tax rebates, with $500 to be going to each single filer, and $1000 to those who file jointly. In the Senate we had just over $4 million in capital outlay and just under $600,000 for junior funds."

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Kidnapping charges await man when located

By Roger Lanse

On Monday, Apr. 17, 2023, Silver City Police Department officers contacted a local woman who stated she was shopping at the Silver City Food Co-op with her infant son and 8-year-old daughter. Finishing her shopping and standing in line at the register to pay, her daughter left the line to return a lemon to the produce section as they had selected one too many. At this time, according to an affidavit for arrest warrant dated Apr. 20, 2023, the mother saw a thin male in his 20s with long dark hair come running from the east side of the store She watched as the man wrapped both arms around her 8-year-old daughter from behind and began dragging her toward the door.

However, the affidavit stated, the man dropped the young girl when he got to the door and ran south on Bullard Street. Surveillance footage from inside the store failed to capture the incident as the cameras were facing the register, not the door.

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Domestic dispute gets man arrested

By Roger Lanse

Silver City Police Department officers were dispatched to 1202 S. Highway 90, on Tuesday, Apr. 18, 2023, at about 9:47 p.m., in reference to a domestic dispute. When an officer arrived the 26-year-old female victim was outside packing her stuff, an SCPD incident report stated.

The victim told officers she and her partner Nicholas Maldonado, 31, of the address, were arguing and he grabbed her arms and attempted to throw her outside, also grabbing her neck and proceeding to "choke her." According to the report, the victim did not state if she lost consciousness and the officer did not see any markings on the victim's neck. When the victim called for law enforcement, the report said, Maldonado began to throw out all her stuff. The victim originally told Grant County Regional Dispatch Authority dispatchers that Maldonado was under the influence of meth, according to a blotter entry.

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Underage daughter bought alcohol, she tells mother

By Roger Lanse

On Tuesday, Apr. 18, 2023, at about 9:49 a.m., Silver City Police Department officers were dispatched to contact a local woman in reference to her 14-year-old daughter being able to purchase alcohol at a Silver City convenience store. The woman told officers, according to an SCPD incident report, her underage daughter purchased Four Lokos and Shooters at two different times between 9:30 p.m. and 10 p.m. on Saturday, Apr. 15, 2023, and that the clerk did not ask for identification either time. The report also stated the juvenile daughter received a DWI the next day, on Sunday, Apr. 16, 2023, at approximately 2:16 a.m. by a SCPD officer, and blew breath analyzer samples of .12 and .13.

The report is being forwarded to the New Mexico State Police Investigations Unit for further enquiry, according to SCPD Chief Freddie Portillo.

Gila River float trip finds downed trees and other hazards - warns inexperienced rafters

River trip through Gila Wilderness demands experience and careful attention

SILVER CITY, NM, April 20, 2023 – Gila National Forest employees recently completed a 4-day trip down the Gila River, putting in at the East Fork Gila River and taking out at Turkey Creek. They report numerous trees down across the channel, making navigation difficult and hazardous.

Within a few short miles after a popular put-in off of New Mexico Highway 15, near Gila Hot Springs, the first of many down trees across the river, or “strainers” as they are known among rafters, is encountered on a blind river bend. Downed trees and other obstructions act like sieves that can easily entrap unwary rafters between the object and the pressure of flowing water. With the Gila River flowing at 300 to 400 cubic feet per second through this segment, river hazards can arrive surprisingly quickly.

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