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Baja Mining Corp. (BAJ:CA)

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Web site: 
http://www.bajamining.com/
  • Definitive Feasibility Study completed
  • Approval received for Environmental Impact Manifest
  • Average annual production, for the first four years of production:
    • Copper cathode: 55,750 tonnes
    • Cobalt cathode: 1,535 tonnes
    • Zinc contained metal: 6,300 tonnes
  • Proven and probable reserves provide for 25 year mine life
  • Measured and Indicated resources: 277.2 million tonnes grading 1.77% copper equivalent
  • Inferred resources: 253.2 million tonnes grading 1.29% copper equivalent
  • Minority partnership agreement signed with a Consortium of Korean companies for US$294 million (cash and project funding)
    • The Consortium members include:
      • Korea Resource Corporation
      • LS Nikko Copper Inc.
      • Hyundai Hysco Co. Ltd.
      • SK Networks Co. Ltd.
      • Iljin Copper Foil Co. Ltd.
  • Capital and Operating Cost review underway
  • Construction financing under review with aid of Endeavour Financial International
  • Re-commencement of full construction activities and production start-up date currently under review
Links: 
Fact Sheet
Share Structure
BAJ:CA
Category: 
Mining