Baja Mining Gets Another $115 Million for Boleo

Mining Weekly reported that Baja Mining’s Boleo project has recieved an additional $115 million from Korea Resources Corporation (Kores) to support ongoing construction.

As quoted in the market report:

The advance was made through Baja’s 49%-owned subsidiary Minera y Metalúrgica del Boleo (MMB) and was paired with an extension to the third standstill agreement, which expired on January 15.

To view the whole Mining Weekly report, click here.