Latest News – September 25

Business News from Leadville Today

Fall and winter were putting on a pretty good show on board the Leadville, Colorado & Southern Railroad, which like many Lake County businesses, is having a record summer! Photo: Leadville Train/Adriana De Anda

Tax Credit Workshop in Leadville – FREE!

Tomorrow, Tuesday, Sept. 26 there is a FREE workshop to explain the benefits and options concerning tax credits. Tax_Workshop_EDC_LeadvilleToday adThe Leadville/ Lake County Economic Development Corporation is presenting a one-stop workshop on the various tax credits that businesses, building owners and residents may qualify for locally. Presented by program agencies, recipients of the credits, and local CPAs, topics will include historic, Brownfield, conservation easements and Enterprise Zone tax credit options.

The FREE workshop is being held Tuesday from 10 a.m. – Noon at Vertex WorkSpace, 1205 Harrison Avenue. For additional information or to reserve your spot, contact: email director@lakecountyedc.com.

Freeport Named Leader in Civic 50

For the fifth consecutive year, Freeport-McMoRan has been named to the Civic 50 list of most community-minded companies in the U.S., and for the second consecutive year was named the top company in the materials sector. This marks the company, which owns the Climax Mine in Lake County, as one of 15 U.S. companies who have been named to this list for five years in a row. 

climax-mine

The Climax Mine, north of Leadville in Lake County is owned by Freeport McMoRan.

And in Leadville, that’s great news in the form of hundreds of thousands of dollars that have been pumped into the local community through the corporation’s Community Partnership Panels program (CPP). Panels are comprised of local leaders and citizens representing a broad range of stakeholder groups who meet with company representatives to discuss issues important to the community with the goal of creating community collaboration that leads to success.

Programs like the CPP and other efforts implemented by the company were evaluated as part of the Civic 50 process and overall ranking.  As the No. 1 ranked company in its sector, Freeport-McMoRan was featured as a leader for programs focused on community and stakeholder engagement and its unique mining education initiative.

And it’s about more than money, as indicated in some recently released statistics. A recent survey of CPP members from 11 communities across the southwest found that 77% of respondents believe the company truly listens to and considers their concerns, interests and questions; 73% believe the CPP forum has played a role in planning for long-term community sustainability; and 71% feel the CPP engagement has contributed to positive community change.  

 “The two critical elements of our overall approach to corporate citizenship are our deep engagement and dialogue with stakeholders in the communities in which we operate, and our focus on building community capacity that aids communities in strengthening their resiliency, skills and abilities needed to adapt, develop and thrive,” said Bill Cobb, Vice President, Environmental Services and Sustainable Development, Freeport-McMoRan. “ Not only does the community become deeply and mindfully involved as the architects of both specific projects as well as their own broader success, those positive outcomes around shared values improves our social license to operate within those communities.”  

The Civic 50 is conducted by the Points of Light Corporate Institute, a resource for companies looking to build and expand effective community engagement programs. The national survey and ranking initiative, developed through partnership with researchers and community as well as industry thought leaders, sets the standard for corporate civic engagement and recognizes companies for their commitment to improving the quality of life in the communities where they do business. The initiative reflects leading insight about how corporations can connect with communities in a twenty-first century economy. 

A total of $240,000 was awarded from the Climax Community Investment Fund in 2017 to seven nonprofit organizations from three counties – Lake, Summit, and Chaffee. The recipients are: Chaffee Housing Trust, Saint George Community Meals, Heart of the Rockies Regional Medical Center, National Mining Hall of Fame and Museum, Summit Community Care Clinic, Tabor Opera House Preservation Foundation, Inc., Town of Poncha Springs. Photo: Leadville Today/Cooper Hudson

Freeport-McMoRan has also partnered with Discovery Education to create and implement “Dig Into Mining,” an online, interactive program for grades 6-8 that explores the use of metals such as copper in our everyday life, provides students with a deeper understanding of mining, inspires career interests, and facilitates STEM learning and concepts in the classroom.

“Dig Into Mining brings the mining process to life for students and allows them to engage with the employees who make it happen,” said Josh Olmsted, Senior Vice President of North American Copper. “It’s an excellent way for students to gain a greater understanding of how STEM knowledge is used in various careers on a daily basis, making the content they learn in math and science classes more relevant. It also provides a great opportunity to recognize our employees for their hard work.”

To find out more about Freeport-McMoRan’s community engagement visit their website HERE.fcx.com/sd/sustain/index.htm.

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