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Business Briefs

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Monday, Dec. 14, 2015 11:33 PM

Rotary Clubs sponsor Imagination Library

Imagination Library is the major community service project sponsored by the Cortez and Dolores Rotary Clubs.

Instituted by the Dolly Parton Foundation, the program provides a book a month to children from birth until age 5. Books are free to children who live in Montezuma County.

“We are thrilled that we currently have 600 children enrolled in the program, with over 750 children enrolled since the program’s inception in late 2012,” Karen Sheek said. “Experts agree that getting books into the hands of children is one of the best ways to foster a love of reading and to develop good reading habits.”

There is no cost to families to participate. The Cortez and Dolores Rotary Clubs raise monies to cover cost of $25 per child.

To donate to Imagination Library, sign up a child, or simply learn more about the program, please contact Shane Hale, Imagination library chairman, at (970) 739-9720.

Colorado Gives Day raises $28.4 million

Colorado donors opened their hearts again and donated $28.4 million to 1,884 nonprofits in 24 hours on Colorado Gives Day. This record-breaking amount surpasses last year’s $26.2 million.

A record number of 123,999 donations have been recorded, a jump from last year’s total of 107,862. Donations range from $10 to $1 million.

Colorado Gives Day is a statewide celebration to increase online giving. Presented by Community First Foundation and FirstBank, Colorado Gives Day is powered by ColoradoGives.org, a year-round, online giving website featuring nearly 1,900 nonprofits.

New contract miner for Navajo Mine

SHIPROCK – Navajo Transitional Energy Co., an enterprise of the Navajo Nation, announced Bisti Fuels Co., a subsidiary of The North American Coal Corporation as the new contract mine operator for Navajo Mine on Dec. 9.

NTEC’s Management Committee approved the agreement with Bisti during its quarterly meeting on Dec. 5. On Dec. 9, NTEC and Bisti Fuels signed a 15-year contract for Bisti Fuels to provide mining services for NTEC and will begin transitioning into their role staring in January 2016.

Last year, NTEC provided $37 million in royalty and tax payments to the Navajo Nation. In addition, Navajo Mine employs about 320 people, most of whom are Navajo.

BHP Billiton New Mexico Coal, the current operator and a subsidiary of BHP Billiton, is scheduled to exit the mine as the contract miner at the end of 2016.

NTEC expects to mine an estimated 6 million tons of coal a year during the length of the contract. The coal is sold to Four Corners Power Plant, NTEC’s sole customer.

The Journal

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