Baja Mining Gets Another $115 Million for Boleo

Jan. 25, 2013 08:02AM PST

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

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.

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