Baja Reports Third Draw on Debt Facilities to Fund Boleo
Baja Mining (TSX:BAJ,OTCQX:BAJFF) announced a draw of $100 million by its Mexican subsidiary.
Articles Tagged "Baja Mining"
Baja Looking for Manganese Buyer
Mineweb reported that Baja Mining (TSX:BAJ) is pursuing manganese potential at its Boleo property.
Steel Price Fluctuations Exert Control Over Manganese
While demand for steel is rising, overproduction and surpluses have put downward pressure on the price of steel, and consequently, manganese. However, strong data shows little signs of weak demand for the metals. Is the downward trend a slowing of emerging economies or simply a price correction? Also, manganese company news, and an interesting development in manganese mining from Korea.
Baja Confirms Robust Economics at Boleo
Baja Mining Corp. (TSX:BAJ)(OTCQX:BAJFF) reported that an updated capital cost estimate and economic model have confirmed that its 70%-owned Boleo deposit in Baja California Sur, Mexico, can be developed economically at an after-tax internal rate of return (IRR) of 25.6% based on 100% equity.
