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Freeport-McMoRan Reports Third-Quarter and Nine-Month 2017 Results

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


    • Net income attributable to common stock totaled $280 million, $0.19 per share, for third-quarter 2017. After adjusting for net charges of $212 million, $0.15 per share, third-quarter 2017 adjusted net income attributable to common stock totaled $492 million, $0.34 per share.
    • Consolidated sales totaled 932 million pounds of copper, 355 thousand ounces of gold and 22 million pounds of molybdenum for third-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 94 million pounds of molybdenum, including 1.0 billion pounds of copper, 625 thousand ounces of gold and 23 million pounds of molybdenum for fourth-quarter 2017.

CLOSURE- Hanover Area
Freeport McMoRan Chino Mines will intermittently close NM 152 at mile post 5 (Turnerville) from 1:30 pm to 2:30 pm for cable wire installation. Motorists are asked to reduce speed, obey posted signs, use extreme caution, and be cautious of personnel in the area.

Photos by Sandra Michaud

More than 200 people attended the Autumn Art and Wine Extravaganza at La Esperanza Winery Saturday. People attending were from as far away as Maryland and Florida. The event included 18 artisan vendors, the Duckstop food truck and music,

Photos and article by Mary Alice Murphy

Although the purse auction, each year, is put on by one or the other of the two Silver City P.E.O. chapters, AG and BR, people come from all over the region and even from afar in the state.

Linda Cosner of Tucumcari, a state P.E.O. organizer, came to Silver City to see what the excitement was about. She told the Beat she was thrilled with the outcome and the entertainment value of the event. She was pleased enough that she took down the information from Dana Stout, who serves as the auctioneer from Circle M Auctions, owned by the Matney family. Dana does a good job of convincing people to buy purses, "to support scholarships for our girls to make them smarter."

Photos and article by Mary Alice Murphy

The Buddy Walk was developed through the Down Syndrome Society, with the first one being held in 1995. According to Vicki Galindo, organizer of the Buddy Walk in Silver City, the Buddy Walk is an event hosted by the ARC Family Support Networks of Silver City and Deming. Seven groups, including the New Mexico Developmental Disabilities Planning Council and ARC put on the five Buddy Walks in New Mexico. Galindo said more than 250 are held in the U.S. and internationally.

This event in Silver City's Gough Park on Saturday, Oct. 21, 2017, a day that began with a chilly wind, brought out more than 100 people in the morning, and some were still arriving as the walk progressed on its three tours around the park.

Photos and article by Mary Alice Murphy

Opening with a reception, the American Association of University Women and the New Mexico Network for Women in Science and Engineering held a joint conference in Silver City housed in the Murray Hotel. The kick-off reception took place Friday evening, Oct. 20, 2017, in the hotel ballroom.

Meetings and workshops were set to take place all day Saturday, Oct. 21, and until noon on Sunday, Oct. 22, in meeting rooms at the hotel.

Reserve, NM, October 23, 2017 – Fire personnel reported smoke on Friday, October 20; the fires are from lightning as a result of thunderstorms that passed through the Gila National Forest on Thursday, October 19.

Eagle Fire – Located northwest of Eagle Peak Lookout and is at approximately 1/10 acres.

Peak Fire – Located northwest of Eagle Peak Lookout and is at approximately 10 acres.

Both fires are burning in the old HB Fire (1995) burn scar. The fires are moving through downed logs and are cleaning up snags and woody debris within this burn scar.

Photos and article by Mary Alice Murphy

American Legion Allingham-Golding Post 18 Boys' State organizer John Sterle served as moderator at the ceremony honoring the boys who attended this year's Boys' State from Cliff, Silver City, Glenwood, Mule Creek, Hurley, Hanover and Deming and the girls who went to Girls' State from Silver City and Deming at a banquet held Oct. 19, 2017 at the American Legion Hall.

Also participating in sponsoring boys and girls were the American Legion Post 4 in Deming, and the American Legion Auxiliary Unit 18 in Silver City and Unit 4 in Deming.

Live from Silver City

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Editor's Note

The Beat as a new column for you gardeners out there. The Grant County Extension Service will bring you monthly columns on gardening issues. The first one posted is on Winterizing your houseplants and patio plants.

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