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The City of Bayard Council Meeting on July 23, 2018 began around 2 p.m. after a work session that was approximately 30 minutes long. Councilors Zeke Santa Maria and Eloy Medina attended as well as Mayor Pro Tem Raul Villanueva and Mayor Chon Fierro.

Susan Beck spoke to council about the Hollomon Air Force Base Training Flights. Beck is a retired Air Force colonel and a resident of Grant County. Hollomon AFB received F-16 units a couple of years ago from Luke AFB in Phoenix, AZ for pilot training. The Air Force is reviewing its training airspace and announced last fall they were considering the Gila National Forest airspace as a possibility. At this time the airspace is used by the New Mexico National Guard however if the Gila airspace is chosen as a training area that would add an additional 10,000 flights per year.

Glenwood, NM – The Gila National Forest, Glenwood Ranger District is lifting the Owl Fire Temporary Area Closure lifted effective 1:00 p.m. on July 27, 2018. This rescind order includes Forest Road (FR) 209 and County Road 13 (FR 232 Pueblo Park Road) to Arizona.

FR 209 will continue to see debris flow during heavy rainfall events. Please use caution in any area that has been recently burned. Rolling rocks are always a hazard in a burn area as monsoon rains may loosen materials that may be holding them. Footing can be tricky and this area has seen several fires. Trails may have hazardous trees whose root systems have been weakened by fire. Often, burnt branches and tops fall from these trees and could cause serious injury or death. Always be aware of your surroundings, watch your footing and look out for hazards.

The Village of Santa Clara Regular Meeting took place Wednesday, July 18, 2018 in the Village Hall. Trustees Olga Amador and Harry "Rocky" Hildebrand as well as Mayor Pro Tem Albert Esparza and Mayor Richard Bauch attended.

Esparza gave the Safety Committee update. They met that morning to discuss an incident involving a runaway grader. They suspect the brakes went out. Esparza asked for signs to be ordered to put up when the barrels are out to deter people from driving through them. Esparza also reported the training for 2018 has ended and the classes for next year begin in August.

To download a PDF of the release, please visit the following link: Freeport-McMoRan Reports Second-Quarter and Six-Month 2018 Results

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

  • Net income attributable to common stock totaled $869 million, $0.59 per share, in second-quarter 2018. After adjusting for net gains of $16 million, $0.01 per share, second-quarter 2018 adjusted net income attributable to common stock totaled $853 million, $0.58 per share.
  • Consolidated sales totaled 989 million pounds of copper, 676 thousand ounces of gold and 24 million pounds of molybdenum in second-quarter 2018.
  • Consolidated sales for the year 2018 are expected to approximate 3.8 billion pounds of copper, 2.4 million ounces of gold and 95 million pounds of molybdenum, including 970 million pounds of copper, 700 thousand ounces of gold and 24 million pounds of molybdenum in third-quarter 2018.
  • Average realized prices in second-quarter 2018 were $3.08 per pound for copper, $1,274 per ounce for gold and $12.89 per pound for molybdenum.
  • Average unit net cash costs in second-quarter 2018 were $0.96 per pound of copper and are expected to average $1.04 per pound of copper for the year 2018.
  • Operating cash flows totaled $1.3 billion (net of $0.2 billion in working capital uses and timing of other tax payments) in second-quarter 2018 and $2.7 billion (net of $0.2 billion in working capital uses and timing of other tax payments) for the first six months of 2018. Based on current sales volume and cost estimates, and assuming average prices of $2.75 per pound for copper, $1,250 per ounce for gold and $11.00 per pound for molybdenum for the second half of 2018, operating cash flows are expected to approximate $4.3 billion (net of $0.2 billion in working capital uses and timing of other tax payments) for the year 2018.
  • Capital expenditures totaled $0.5 billion (including approximately $0.3 billion for major mining projects) in second-quarter 2018 and $0.9 billion (including approximately $0.5 billion for major mining projects) for the first six months of 2018. Capital expenditures for the year 2018 are expected to approximate $2.0 billion, including $1.1 billion for major mining projects primarily associated with underground development activities in the Grasberg minerals district in Indonesia and development of the Lone Star oxide project in Arizona.
  • In April 2018, FCX repaid $454 million in debt, consisting of the redemption of $404 million of senior notes due 2022 and $50 million of senior notes due 2023.
  • At June 30, 2018, consolidated debt totaled $11.1 billionand consolidated cash totaled $3.9 billion. FCX had no borrowings and $3.5 billion available under its revolving credit facility at June 30, 2018.
  • On June 27, 2018, FCX declared a quarterly cash dividend of $0.05 per share on its common stock, which will be paid on August 1, 2018.
  • In July 2018, FCX and PT Freeport Indonesia (PT-FI) entered into a non-binding Heads of Agreement with PT Indonesia Asahan Aluminium (Persero) (Inalum) and Rio Tinto to establish a new long-term partnership between FCX, Inalum and the Indonesian government.

All photos by Frank Kenney

Pretty girls, handsome young and older boys and men, food and beverage, relaxation and lots of action—the Luna Rodeo on July 21, 2018 had it all. Photographer Frank Kenney caught it all.

Photos by Mary Alice Murphy

Saturday, July 21, 2018, had several activities for those exploring clay. Mud Fun drew in the kids and the adults who wanted to play, too.

Photos by Alexis Rico

Many people from near and far were in the downtown area of Silver City to enjoy snacks, music, and all the clay works from the 2018 Silver City Clay Festival as part of the Silver City Art Association’s Red Dot Gallery Walk. Many of the local galleries had the clay works from this year’s clay festival on display for visitors to admire and enjoy.

Photos and article by Mary Alice Murphy

Karen Rossman, who worked at the Western New Mexico University in the 1990s, noted that at that time, the building did not have air-conditioning. "It's nice now."

Live from Silver City

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