The Conversation (0)
Reuters reported that Baja Mining (TSX:BAJ) slashed jobs at its headquarters following news it had trouble getting financing for the Boleo copper-cobalt-zinc project.
Reuters reported that Baja Mining (TSX:BAJ) slashed jobs at its headquarters following news it had trouble getting financing for the Boleo copper-cobalt-zinc project.
As quoted in the market news:
Spending at the Boleo project, which is 70 percent owned by Baja and rest by a Korean Consortium, is expected to be $246 million more than the $1.14 billion estimated in 2010.
