Calendar
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Gila Resources Information Project Community Meeting on Mining Issues
Thursday, October 20, 2016, 06:00pm |
GRIP staff will present an update on the status of the Copper Rule currently under review by the NM Supreme Court. GRIP will also seek community concerns on Freeport-McMoRan’s application for the new North Lambright waste rock stockpile at Chino Mine and answer any questions the community might have regarding the potential environmental impacts of this site or other mining activities in Grant County.
Additionally, GRIP staff will provide an update on Freeport-McMoRan’s proposal for financial assurance for the Chino, Tyrone and Continental mines given the corporation’s failure to pass the Mining Act’s Financial Soundness Test due to its declining financial situation. Freeport has proposed a $104 million Third Party Guarantee that poses significant environmental and financial risk to the State of New Mexico, taxpayers, and our community should the company and its subsidiaries go bankrupt.
Location Tom Foy Blvd. (Hwy. 180 East)
Bayard NM
Contact 575-538-8078 or www.gilaresources.into