Baja Mining’s Boleo Project Gets a $115 Million Boost

Mining Weekly reported that Baja Mining has received another cash injection, this time for $115 million, from Korea Resources Corporation (Kores) to support construction of its Boleo project in Mexico.

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.

Get the Latest Cobalt Investing Stock Information

Get the latest information about companies associated with Cobalt Investing delivered directly to your inbox.


By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time.


Leave a Reply