Front Page News
To download a PDF of the release, please visit the following link: Freeport-McMoRan Announces Redemption of 3.55% Senior Notes Due 2022
PHOENIX--(BUSINESS WIRE)-- Freeport-McMoRan Inc. (NYSE: FCX) announced today that a notice has been issued to redeem on December 1, 2021, all of its outstanding $524.0 million aggregate principal amount of 3.55% Senior Notes due 2022 (3.55% Notes), at a redemption price equal to 100% of the principal amount of the 3.55% Notes outstanding, plus accrued and unpaid interest to, but not including, the redemption date. On October 21, 2021, U.S. Bank National Association, as trustee for the 3.55% Notes, distributed to the registered note holders written notice of the terms of this redemption.
FCX will use cash to fund the redemption. At September 30, 2021, FCX had $9.7 billion in consolidated debt and consolidated cash and cash equivalents of $7.7 billion. Annual interest costs associated with the 3.55% Notes approximate $19 million.
FREEPORT: Foremost in Copper
By Mary Alice Murphy
A group of interested veterans, families of survivors and of those who died in the Bataan Death March, and other representatives gathered this morning to begin plans for the 80th anniversary of the march.
Save the date of April 9, 2022, for the commemorative ceremony at Bataan Memorial Park north of Santa Clara on the road to Fort Bayard National Historic Landmark.
Plans are underway at the county level to hire someone to renovate and improve the actual memorial, which is deteriorating.
A new design has been developed with the help of architect Mark Richard, with input from Donnie Turner, the nephew of a man who was in Bataan, and also with help of Grant County Planning and Community Development Director Priscilla Shoup.
Alfred Ogas led the meeting for Bataan Park Rededication. He presented a proposed plan for the ceremony, and he asked for ideas and suggestions from the about 20 people gathered for the discussion.
By Mary Alice Murphy
[Editor's Note: The meeting went for a bit more than five hours, with a very short break. Several articles will cover the presentations and the review of the regular agenda, in addition to county and commissioner reports. Part 2 will cover the presentation on the vision for the old Grant County Jail.]
Amy Bell of Groundworks Studio gave the presentation. "We are assisting with the public outreach program." She also introduced Rebecca Cook of the New Mexico Environment Department who was on the call.
"The purpose of the virtual sessions was to get public input," Bell said.
Cook said she works with the Brownfield division of the NMED. "We are funded through the EPA (Environmental Protection Agency) to get facilities like this one repurposed. We also did the environmental assessment of the property. If you have other projects, reach out to us. These are funded through no cost to the project owner."
Bell said the presentation would cover the visionary process summary. "We held two virtual meetings, conducted a survey and formed focus groups. We are finalizing the report. We had excellent participation from your community."
By Lynn Janes
The Village of Santa Clara held its regular meeting October 14, 2021. Mayor Richard Bauch called the meeting to order and led the Pledge of Allegiance. Trustees Olga Amador, Arnold Lopez, and Peter Erickson also attended. Mayor Pro Tem Albert Esparza didn't attend.
A gentleman spoke out right away. He said they were in violation of the open meetings act. They had not provided 72 hours' notice of the meeting. The notice was not put up until Tuesday morning. He went on to say that it was not the first time. He also wanted to speak out against the appointment of Alfonso Romo for municipal judge. He pointed out a few issues that he felt made it illegal.
Sheila Hudman, county clerk explained that Monday was a holiday and that is why it was posted on Tuesday. Hudman said appointment of the judge was gone over with the secretary of state and they were following all the correct procedures. At that time the gentleman asked for a copy of the letter from the secretary of state and Hudman told him to put in a request in writing and she would get him that copy.
By Roger Lanse
On Sunday, Oct. 17, 2021, at about 1:16 p.m., Grant County Sheriff’s Office deputies were dispatched to 9375 Highway 180 in Cliff in reference to a domestic disturbance call. Deputies were advised by Grant County Regional Dispatch Authority dispatchers that a female had shot at a male who was physically abusing her.
When deputies arrived at the scene, according to a GCSO offense report, they found a 40-year-old female of the address and a 41-year-old male, identified as Joseph Hernandez of Silver City. One deputy talked to the female while another deputy interviewed the male.
The female victim stated, the report said, that after returning from Arizona with Hernandez and arguing the entire way, she found her backpack missing and wanted to retrace their route to look for it using Hernandez’ vehicle. He refused and tried to snatch his keys from her hand and a struggle ensued resulting in Hernandez punching her in the head causing her head to also hit the door jamb of the vehicle. Deputies noticed swelling to the back of her head and her face was red.
By Roger Lanse
Silver City Police Department officers were dispatched to a reported shooting at Big O Tire, 3082 32nd Street Bypass, on Tuesday, Oct. 12, 2021. When officers arrived ,they found a 25-year-old male victim lying on the ground on his back, outside the building, at the north end of the parking lot, with another male rendering aid. An officer took on the rendering of aid and when he asked the victim what happened, the "very pale" victim, according to an SCPD report, lifted his shirt to reveal an open wound to his lower right stomach area. A witness told the officer that the victim had accidentally shot himself with a shotgun, later determined to be a 12-gauge Maverick Model 88. The officer did not find an exit wound although the victim's back was heavily bruised, the report said.
According to the report, Silver City Fire Department Rescue arrived on scene and began to treat the victim. He was then transported to Gila Regional Medical Center by GRMC ambulance. The medical condition of the victim is not known, except, according to SCPD, he is still in a medical facility.
1 Active District Court Felony arrest warrant for CSP, CSC out of Grant County (Sixth Judicial District Court Docket # M-19-FR-2019-00312)
Chavarria is known to be driving a grey metallic Dodge Ram Displaying NM AKDR18. This plate returns to a 2003 GMC.
Also known to drive a Black Dodge Ram 1500 NM MWZ836
IF YOU HAVE INFORMATION ON CHAVARRIA'S WHEREABOUTS OR HAVE SEEN HIM, PLEASE CONTACT GRANT COUNTY SHERIFF'S DETECTIVE JASON JORDAN AT (575) 388-8840 – GRANT COUNTY REGIONAL DISPATCH CENTER
This press release is intended to inform the public of multiple issues within the criminal justice system, in-particular the period of time between the arrest of persons charged with serious, habitual and/or violent criminal activity and trial – Many of these persons already being convicted felons and/or released on bond(s) awaiting trial on additional serious criminal charges.
The subject of this release is Santa Clara resident Ruben Chavarria, 64 years of age, an already-convicted felon in 2018. Chavarria was charged with 2 Counts of Criminal Sexual Contact of a Minor in the Second Degree (2nd Degree Felonies) on December 3, 2019. He was charged with 8 Counts of Criminal Sexual Penetration of a Minor in the First Degree (all 1st Degree Felonies), 8 Counts of Criminal Sexual Contact of a Minor in the Second Degree (2nd Degree Felonies), 1 Count of False Imprisonment (4th Degree Felony) and 1 Count of Child Abuse (3rd Degree Felony) on December 30, 2019.
Chavarria was ordered released by the District Court on 03/12/20 and placed on Pre-Prosecution Supervision with an electronic GPS ankle monitor. Chavarria cut/removed the ankle monitor on/about 06/09/21 and fled jurisdiction. Approximately 2 ½ months LATER, the Grant County Sheriff's Office and the Detective Case-Agent were notified of Chavarria's flight.