News Releases

Looking for older news releases? Please view documents filed on the SEDAR and EDGAR web sites.

  • October 14, 2016

    Baja Mining Announces Effective Date of Share Consolidation and Name Change

    Baja Mining Announces Effective Date of Share Consolidation and name change.

    Full News Release ##6/2016(0.4 Mb)

  • October 5, 2016

    Baja Mining Announces Share Consolidation and Name Change

    Baja Mining Corp. wishes to announce that further to the approval received from shareholders of the Company at the annual and special meeting (the “Meeting”) held on December 16, 2015, and as described in more detail in the management information circular of the Company dated November 4, 2015, based on market conditions and other factors the board of directors of the Company (the “Board”) has authorized a consolidation of the issued and outstanding common shares of the Company (the “Common Shares”) on the basis of one (1) post-consolidation Common Share for every twenty (20) pre-consolidation Common Shares (the “Consolidation”). In connection with the Consolidation, the Board has also decided to change the Company’s name from “Baja Mining Corp.” to “Camrova Resources Inc.”.

    Full News Release #05/2016(.07 Mb)

  • July 11, 2016

    Corporate Update - Boleo Project, Cinto Colorado, MMB Shareholders Agreement and Board Retirement

    Baja Mining Corp. reports that Tom Ogryzlo - Interim CEO and Director, and Nigel Kirkwood – CFO, visited the Boleo Mine on June 17, 2016, to attend a board meeting of Minera y Metalúrgica del Boleo, S.A. P.I. de C.V. (“MMB”) and tour the Boleo process plant, underground and open pit mining.

    Full News Release #04/2016(.08 Mb)

  • February 29, 2016

    Baja Corporate Update - Boleo Ramp-up and 2016 MMB Budget

    Baja Mining Corp. is pleased to report that Tom Ogryzlo - Interim CEO and Director, and Wolf Seidler – Director, visited the Boleo Mine on February 19, 2016, and met with operations management of Minera y Metalúrgica del Boleo, S.A. P.I. de C.V. o discuss progress at Boleo, including both the underground and open pit mining and the process plant production ramp-up.

    Full News Release #03/2016(.08 Mb)

  • February 22, 2016

    Baja Class Action Settlement Approved and Suit Dismissed

    Baja Mining Corp. is pleased to report that the previously disclosed settlement of the Donohue class action has been approved by the Ontario Superior Court of Justice and, as part of the settlement, the action has been dismissed.

    Full News Release #02/2016

  • January 7, 2016

    Baja Corporate Update

    Baja Mining Corp. is pleased to provide an update on the Cinto Colorado Tailings Project and to report on management’s latest visit to the Boleo Project on December 17, 2015.

    Full News Release #01/2016(.08 Mb)

Looking for older news releases? Please view documents filed on the SEDAR and EDGAR web sites.

  • November 10, 2015

    Baja Corporate Update - Boleo Ramp-up and Revised MMB Shareholders’ Agreement

    Baja Mining Corp. is pleased to report that its Executive Management (Tom Ogryzlo - Interim CEO, Nigel Kirkwood - CFO and David Dreisinger – VP Metallurgy ) visited the Boleo Project on October 30 and 31, 2015, and met with operations management of Minera y Metalúrgica del Boleo, S.A. P.I. de C.V. (“MMB”) to discuss progress at Boleo, including the process plant production ramp-up and both the underground and open pit mining.

    Full News Release #10/2015(.08 Mb)

  • November 9, 2015

    Baja class action settlement agreement finalized

    Baja Mining Corp. is pleased to report that further to its news release on October 6, 2015 announcing settlement of the Donohue class action litigation (the “Action”), a final settlement agreement has been executed by all parties (the “Settlement”). The Settlement remains subject to the approval of the Ontario Superior Court as described below. The Settlement is made without any admission of liability and the parties have agreed to a settlement amount of CDN $11,000,000.00, inclusive of administration and legal cost of the class, and any other costs or expenses related to the Action or the Settlement. The settlement amount will be covered by Baja’s insurers.

    Full News Release #09/2015(.06 Mb)

  • October 6, 2015

    Settlement agreement reached on Baja class action litigation

    Baja Mining Corp. is pleased to report it has reached a settlement of the Donohue class action litigation, which is conditional on formal documentation being executed and approval of the court.

    Full News Release #07/2015(.06 Mb)

  • September 29, 2015

    New President of Municipio Removes Access Restrictions at Boleo

    Baja Mining Corp.is pleased to report that further to its news release on September 17, 2015, the access restrictions imposed at the Boleo mine site by the Municip‎ality of Mulegé (the "Municipio") were removed on September 25 by the newly elected Presidente of the Municipio. The mine and plant are returning to normal operations.

    Full News Release #06/2015(.07 MB)

  • September 17, 2015

    Access to Boleo Plant Restricted

    Baja Mining Corp. has been advised by Minera y Metalúrgica del Boleo, S.A. P.I. de C.V. (“MMB”) that access to and from the Boleo site located near Santa Roselia, Baja California Sur, Mexico is being restricted by the local authorities. Senior management of MMB has informed Baja that the Municipality of Mulegé (the “Municipio”) has claimed it is entitled to certain construction permit-related payments from MMB. The restrictions result directly from these claims. Baja and MMB believe that resolution of the legal appeal launched to resolve this matter still remains before the courts and consequently the Municipio has acted without legal authority in imposing restrictions.

    Full News Release #05/2015(.06 Mb)

  • July 20, 2015

    Boleo First Copper Shipment and Funding Update

    Baja Mining Corp. reports that further to its news release dated July 2, 2015, it has received confirmation from Minera y Metalúrgica del Boleo, S.A. P.I. de C.V. (“MMB”) that the Boleo Project completed its first shipment of copper. On July 12, 2015, MMB shipped 1,919 tonnes of electrolytic copper cathodes from its marine terminal at Boleo.

    Full News Release #04/2015(.08)

  • July 2, 2015

    Boleo Cash Call, Copper Shipment Updates, and Cinto Colorado Testing Initiated

    Baja Mining Corp. reports that further to its news release dated April 30, 2015, and details of the amended cash call notice dated May 17, 2015 (the “Amended Cash Call”), as previously described in the Company’s Management Discussion & Analysis for the quarter ended March 31, 2015 (available on www.sedar.com), Baja has received from Minera y Metalúrgica del Boleo, S.A. P.I. de C.V. a defaulting notice in respect of the Amended Cash Call. Pursuant to the Amended Cash Call, Baja was required to contribute US$7,600,000 no later than June 16, 2015, by way of either shareholder loans or subscriptions for new shares, with which it was unable to comply.

    Full News Release #03/2015(.1 (Mb))

  • April 30, 2015

    Baja Corporate Update - Boleo Project Update and MMB Cash Call

    Baja Mining Corp. (“Baja” or the “Company”) is pleased to report that Baja management has recently returned from meetings with representatives of Korea Resources Corporation (“KORES”) and LS Nikko in Seoul, Korea. The meetings related mainly to the negotiation of a revised MMB shareholders’ agreement. Additionally, on April 20, 2015 Tom Ogryzlo, Baja Interim CEO, visited the Boleo Project to meet with senior management of Minera y Metalúrgica del Boleo, S.A. P.I. de C.V. (“MMB”) and was provided a detailed update of the status of the surface and underground mining, the process plant and support facilities. Baja management is now able to provide an update on developments relating to MMB and the Boleo Project.

    Full News Release #02/2015(105.3)

  • January 20, 2015

    Boleo Announces First Copper Production and Additional Funding

    Baja Mining Corp. announces that it has been advised by Minera y Metalúrgica del Boleo, S.A. P.I. de C.V. and Korea Resources Corporation that prior problems relating to the acid plant have been resolved and the Boleo plant achieved first copper production on January 17, 2015.

    Full News Release #01/2015(.09)

Looking for older news releases? Please view documents filed on the SEDAR and EDGAR web sites.

  • November 28, 2014

    US$105 million Bond to Fund Boleo Start-up Operations and Update on Boleo Commissioning

    Baja Mining Corp. (the “Company”) announces that it has been advised by Minera y Metalúrgica del Boleo, S.A. P.I. de C.V. (“MMB”) and Korea Resources Corporation (“KORES”) that MMB has completed the issuance of a CHF100 million corporate bond with a fixed annual interest rate of 0.75% and repayment due November 12, 2019, fully backed by a KORES guarantee, which was swapped for a US$105 million bond with a fixed annual interest rate of 2.69%. MMB has further advised the Company that it has used approximately US$50 million of the bond proceeds to repay in full the US$50 million corporate bank loan bearing interest at LIBOR plus 0.8%, as detailed in the Company’s news release on August 25, 2014.

    Full News Release #19/2014(.09)

  • November 4, 2014

    Baja Management Provides Boleo Update

    Baja is pleased to report that management had the opportunity to visit the Boleo Project on October 30 and 31, 2014. Management together with personnel of Minera y Metalúrgica del Boleo, S.A. P.I. de C.V. made a detailed tour of the surface and underground mining, the process plant and support facilities. Mining activities have resulted in stockpiled ore sufficient to feed the plant for more than one year. Plant commissioning of the main copper circuits is nearing completion with almost all circuits now operational.

    Full News Release #18/2014(.09 Mb)

  • October 9, 2014

    Appointment of New COO at Boleo Project and First Copper Production Update

    Baja Mining Corp. is pleased to announce that Minera y Metalúrgica del Boleo S.A. de C.V. (“MMB”) has appointed Sang Bum Lee as Chief Operating Officer following the death of Kyoung Jin Park. Mr. Lee will be responsible for directing the Boleo construction completion activities, including commissioning and start-up, and managing the operation of the Boleo Project

    Full News Release #17/2014(.09 Mb)

  • September 23, 2014

    Results of Baja Annual and Special General Meeting and Stock Option Grant

    Baja Mining Corp. announced that at the annual and special general meeting of shareholders held in Vancouver on September 22, 2014, all management’s proposed resolutions were passed by the shareholders. In addition, shareholders voted to re-elect Tom Ogryzlo, Wolf Seidler, Ross Glanville and Peter Clausi to the board. Mr. Seidler, Mr. Glanville (Chair) and Mr. Clausi form the Audit Committee.

    Full News Release #16/2014(.08 Mb)

  • September 18, 2014

    Baja Provides an Update on the Boleo Project

    Baja Mining Corp. wishes to provide an update regarding the Boleo Project, in which it holds a 10% interest, and the impact of Hurricane Odile that hit the Baja Peninsula earlier in the week.

    Full News Release #15/2014(.08 Mb)

  • August 28, 2014

    Baja Mining Grants Stock Options

    Baja Mining Corp. announces that the Company has today granted an aggregate of 2,725,000 incentive stock options to the Company’s directors, officers and employees (the “Options”), each exercisable for one common share of the Company at an exercise price of $0.05 per Option. The Options have a term of five years and vest immediately.

    Full News Release #14/2014(.08 Mb)

  • August 25, 2014

    MMB Secures US$50 million Bank Loan to Progress with First Copper Production in Q4 2014

    Baja Mining Corp. announces that it has been advised by Minera y Metalúrgica del Boleo, S.A. P.I. de C.V. (“MMB”) and Korea Resources Corporation (“KORES”) that MMB has secured additional bank financing of US$50 million in the form of a corporate loan, repayable in one year and bearing interest at LIBOR plus 0.8% (the “Bank Loan”). As referenced in the Company’s news release on August 15, 2014, MMB is working to secure additional external financing of up to US$200 million, including the Bank Loan, for completion of the Boleo construction and working capital until production reaches a normalized level.

    Full News Release #13/2014(.08 Mb)

  • August 15, 2014

    KORES Provides US$20 million Bridge Loan to MMB to Continue Boleo Construction; First Copper Product

    Baja Mining Corp. announces that it has been advised by Minera y Metalúrgica del Boleo, S.A. P.I. de C.V. (“MMB”) and Korea Resources Corporation (“KORES”) that KORES has provided a US$20 million bridge loan to MMB to fund the continuing construction of the Boleo Project (the “Bridge Loan”). The Bridge Loan is intended to provide interim funding to MMB while the company works to secure additional external financing of up to US$200 million required for completion of construction and working capital until production reaches a normalized level. The Bridge Loan is repayable within six months and bears interest at a rate of 10% per annum.

    Full News Release #12/2014(.09 Mb)

  • June 23, 2014

    Baja Issues Corporate Update and Provides Boleo Start-up Schedule Update

    Baja Mining Corp. is pleased to announce that further to its news release of May 13, 2014, Minera y Metalúrgica del Boleo, S.A. P.I. de C.V. and Korea Resources Corporation have provided it with documentation confirming the termination of the 2010 Project Financing senior facilities, including the termination and/or release of all related Baja guarantees (US$160.6 million as at March 31, 2013, plus any overall completion guarantee), security interests and pledges.

    Full News Release #11/2014(0.1 Mb)

  • May 15, 2014

    Baja Mining Files First Quarter 2014 Financial Results

    Baja Mining Corp. reports that it has filed its unaudited condensed interim consolidated financial statements for the quarter ended March 31, 2014 and the related management’s discussion and analysis.

    Full News Release #10/2014(.07 Mb)

  • May 13, 2014

    MMB Repays Project Financing Senior Facilities and KDB Subordinated Debt

    Baja Mining Corp. is pleased to announce that it has been advised by Minera y Metalúrgica del Boleo, S.A. P.I. de C.V. (“MMB”) and Korea Resources Corporation (“KORES”) that MMB has completed the issuance of a US$340 million corporate bond with a fixed annual interest rate of 2.875% and repayment due May 7, 2019, fully backed by a KORES guarantee.

    Full News Release #09/2014(87 KB)

  • May 5, 2014

    Boleo Project and Baja Corporate Update

    Baja Mining Corp. wishes to provide an update on the Boleo Project construction budget and schedule and the updated Boleo Project technical report, based on the latest information provided to it by Minera y Metalúrgica del Boleo, S.A.P.I. de C.V.

    Full News Release #08/2014(110 Kb)

  • April 29, 2014

    Baja Mining Provides Update on Class Action Litigation

    Baja Mining Corp. provides a further update to its announcement on April 9, 2014 notifying of the hearing that was held on April 8, 2014 in the Ontario Superior Court of Justice in connection with the proposed class action proceeding previously reported on July 27, 2012.

    Full News Release #07/2014(84.5 KB)

  • April 9, 2014

    Baja Mining Provides Update on Class Action Litigation

    Baja Mining Corp. provides an update on the proposed class action proceeding previously reported on July 27, 2012.

    Full News Release #06/2014(82 Kb)

  • April 2, 2014

    Shareholder loans converted; Baja and KORES agree key terms of new shareholder agreement

    Baja Mining Corp. announces that it is joining Korea Resources Corporation (“KORES”) and the other members of the Korean Consortium in converting all of the outstanding shareholder loans of Minera y Metalúrgica del Boleo S.A. P.I. de CV. (“MMB”) into equity of MMB (the “Conversion”). The Conversion is intended to assist MMB in obtaining further financing for the Boleo Project and in its efforts to restructure its existing project financing. Baja and KORES have also agreed in principle on certain terms to be included in a new MMB shareholders agreement proposed to replace the current MMB shareholders agreement .

    Full News Release #05/2014(90 Kb)

  • March 31, 2014

    Baja Mining Files 2013 Financial Results

    Baja Mining Corp. reports that its consolidated financial statements and management's discussion and analysis for the year ended December 31, 2013, as well as its Annual Information Form for the year ended December 31, 2013 have been filed.

    Full News Release #04/2014(71Kb)

  • March 12, 2014

    Baja Mining Reports TSX Venture Exchange Listing Approved and Extension to MMB Standstill Agreement

    Baja Mining Corp. is pleased to announce that its common shares have been approved for listing on the TSX Venture Exchange. In addition, Baja announces that it has been informed by Minera y Metalúrgica del Boleo, S.A.P.I. de C.V. that a standstill agreement extension with the 2010 Project Financing lenders has been executed covering the period until the earlier of the execution of a formal debt restructuring agreement, and April 30, 2014.

    Full News Release #03/2014(91 KB)

  • February 14, 2014

    Baja Mining provides update on TSX listing and Cinto Colorado Project

    Baja Mining Corp. announces that it has notified the Toronto Stock Exchange (the “TSX”) that it will voluntarily delist the Company’s securities from trading on the TSX and that it has applied to the TSX Venture Exchange (the “TSXV”) to obtain a Tier 2 listing. The Company’s goal is to work with the TSX and the TSXV to coordinate the transition of the Company’s listing between the two exchanges and to ensure that trading in its securities will continue uninterrupted. The TSXV’s consideration of the Company’s listing application is in progress, and the Company will provide an update on the status of its application upon completion of the TSXV’s review. In addition, the Company wishes to provide an update on the Cinto Colorado project.

    Full News Release #02/2014(129.5 Kb)

  • January 24, 2014

    Baja Mining reports that it has settled all disputes with LDCMS

    Baja Mining Corp. is pleased to announce that it has reached an agreement with Louis Dreyfus Metals Commodities (Suisse) SA to settle their disputes relating to the Boleo Project in Baja California, Mexico.

    Full News Release #01/2014(373.6 Kb )

Looking for older news releases? Please view documents filed on the SEDAR and EDGAR web sites.

  • December 23, 2013

    Boleo Project Schedule and Corporate Update

    Baja Mining Corp. provides an update on the Boleo Project construction schedule and the SRK Boleo technical report, based on the latest information provided to it by Minera y Metalúrgica del Boleo, S.A.P.I. de C.V. (“MMB”). Baja holds a 10% ownership interest in MMB and has retained one representative on the five-member MMB board of directors and, as a result, has limited influence over decisions relating to the Project. In addition, the Company provides a status update on its separate Cinto Colorado tailings and slag recovery project, as well as the TSX listing review.

    Full News Release #18/2013(113 KB)

  • December 3, 2013

    Baja Mining Comments on Trading in Shares

    Baja Mining Corp. reports in relation to the significant volume of its shares that traded on December 3, 2013, that Mount Kellett Master Fund II A LP filed a report on www.sedar.com after the market close on December 3, 2013, advising that it has sold all of its 67,421,117 common shares of Baja.

    Full News Release #17/2013(87.2 KB)

  • November 14, 2013

    Baja Mining Files Third Quarter 2013 Financial Results

    Baja Mining Corp. reports that it has filed its unaudited condensed interim consolidated financial statements for the period ended September 30, 2013, and the related management’s discussion and analysis.

    Full News Release #16/2013(89KB)

  • August 14, 2013

    Baja Mining Files Second Quarter 2013 Financial Results

    Baja Mining Corp. reports that it has filed its unaudited condensed interim consolidated financial statements for the three and six months ended June 30, 2013 and the related management’s discussion and analysis.

    Full News Release #15/2013(89 kb)

  • August 14, 2013

    Baja Mining Provides Update on Boleo Technical Report

    Baja Mining Corp. has been advised by SRK Consulting Inc. that it is unable to provide the Company with a draft of the updated NI 43-101 technical report on the Boleo Project as previously anticipated.

    Full News Release #14/2013(90 Kb)

  • August 8, 2013

    Boleo Project Receives Further Funding and Baja Mining Interest in MMB Adjusted to 10 Percent

    Baja Mining Corp. has been informed by Minera y Metalúrgica del Boleo, S.A.P.I. de C.V. ("MMB") that Korea Resources Corporation has contributed an additional US$74.7 million in construction funding to MMB.

    Full News Release ##13/2013(405KB)

  • June 26, 2013

    AGM Presentation

    Full News Release(647 KB)

  • June 25, 2013

    Baja Mining Company Update - AGM and SRK Report

    Baja Mining Corp. today announced that at the annual and special general meeting of shareholders held in Vancouver on June 25, 2013, shareholders voted to re-elect Tom Ogryzlo, Wolf Seidler, Ross Glanville and Peter M. Clausi to the board.

    Full News Release #12/2013(62 KB)

  • June 25, 2013

    Baja Mining Signs Option Agreement

    Baja Mining Corp. is pleased to announce that it has entered into an option agreement (the “Agreement”) whereby it can earn up to an 80% interest in Cinto Colorado S. de R.L. de C.V. (“Cinto”), a private Mexican company. Cinto’s main asset is a surface lease (the “Lease”) which entitles Cinto to process and/or sell tailings and slag now stored on the lands (the “Lands”) subject to the Lease. Baja’s preliminary due diligence review indicates the tailings and slag contain significant residual copper and cobalt.

    Full News Release #11/2013(104 KB)

  • June 3, 2013

    Baja Mining Reports Standstill Extension

    Baja Mining Corp.has been informed by Minera y Metalúrgica del Boleo, S.A.P.I. de C.V. ("MMB") that a standstill agreement extension with the remaining 2010 Project Financing lenders (excluding US EXIM) covering the period from May 20, 2013 to May 31, 2013 has been formally agreed. MMB continues discussions with the lenders to secure a longer-term standstill agreement and to renegotiate and reactivate the remaining 2010 Project Financing facilities.

    Full News Release #10/2013(179 KB)

  • May 16, 2013

    Baja Mining Reports Standstill Extension and Files 2013 First Quarter Financial Results

    Baja Mining Corp. has been informed by Minera y Metalúrgica del Boleo, S.A.P.I. de C.V. that MMB has successfully negotiated an extension of the standstill agreement which expired on April 19, 2013.

    Full News Release #09/2013(0.1 Mb)

  • May 13, 2013

    Boleo Project Receives Further Funding and Baja Mining Interest in MMB Adjusted to 15.7 Percent

    Baja Mining Corp. has been informed by Minera y Metalúrgica del Boleo, S.A.P.I. de C.V. that on May 10, 2013, Korea Resources Corporation contributed an additional US$65 million in construction funding to MMB.

    Full News Release #08/2013(0.1 Mb)

  • April 29, 2013

    Baja Mining Interest in Boleo Project Reduced to 20.9 Percent

    Baja Mining Corp. has been informed by Minera y Metalúrgica del Boleo, S.A.P.I. de C.V. that on April 18, 2013, Korea Resources Corporation contributed an additional US$30 million in construction funding to MMB.

    Full News Release #07/2013(0.1 Mb)

  • April 18, 2013

    Baja Mining Provides Annual Meeting Information

    Baja Mining Corp. announces that its Annual General and Special Meeting of Shareholders will be held on Tuesday, June 25, 2013 in Vancouver, BC, Canada.

    Full News Release #06/2013(0.1 Mb)

  • April 12, 2013

    Baja Mining Provides Standstill and Funding Update

    Baja Mining Corp. announces that further to Baja’s February 12, 2013 news release, it has been informed by Minera y Metalúrgica del Boleo, S.A.P.I. de C.V. that the third standstill agreement which expired March 31, 2013 has been amended and restated to extend the standstill period to April 19, 2013.

    Full News Release #05/2013(0.1 Mb)

  • April 2, 2013

    Baja Mining Files 2012 Financial Results

    Baja Mining Corp. reports that its consolidated financial statements and management's discussion and analysis for the year ended December 31, 2012, as well as its Annual Information Form for the year ended December 31, 2012 have been filed.

    Full News Release #04/2013(0.1 Mb)

  • February 12, 2013

    Korean Consortium Provides Phase 2 Funding Commitment, Baja Interest in MMB Adjusted to 26.2 Percent

    Baja Mining Corp. is pleased to announce that on behalf of the Korean Consortium, Korea Resources Corporation has confirmed that it will provide the Phase 2 Funding Requirement to Minera y Metalúrgica del Boleo, S.A.P.I. de C.V. as described in the Company’s News Release dated July 26, 2012.

    Full News Release #03/2013(0.2 Mb)

  • January 31, 2013

    Baja Mining Reports Technical Report Developments

    Baja Mining Corp. has been informed by SRK Consulting that the summary of the updated NI 43-101 compliant technical report on the Boleo project has not yet been completed.

    Full News Release #02/2013(0.1 Mb)

  • January 24, 2013

    Baja Mining Provides Boleo Project Financing Update

    Baja Mining Corp. has been informed by Minera y Metalúrgica del Boleo, S.A.P.I. de C.V. that, as of January 15, 2013, Kores has advanced an additional US$115 million to MMB for continued construction of the Boleo project.

    Full News Release #01/2013(0.1 Mb)

Looking for older news releases? Please view documents filed on the SEDAR and EDGAR web sites.

  • December 27, 2012

    Baja Mining Announces New Chief Financial Officer

    Baja Mining Corp. is pleased to announce the appointment of Nigel Kirkwood as Chief Financial Officer, effective December 27, 2012.

    Full News Release #56/2012(0.1 Mb)

  • December 4, 2012

    Baja Mining Reports on Boleo Project Financing and Technical Report Status

    Baja Mining Corp. is pleased to announce that it has been informed by Minera y Metalúrgica del Boleo, S.A.P.I. de C.V. (“MMB”), which is now controlled by members of the Korean Consortium, that a portion of MMB’s 2010 project financing facilities provided by the Export-Import Bank of the United States to MMB has been renegotiated.

    Full News Release #55/2012(0.1 Mb)

  • November 23, 2012

    Baja Mining Announces Boleo Project New Chief Operating Officer

    Baja Mining Corp. is pleased to announce that Minera y Metalúrgica del Boleo S.A. de C.V., its 49% owned Mexican company, has appointed Kyoung Jin Park as Chief Operating Officer.

    Full News Release #54/2012(0.1 Mb)

  • November 15, 2012

    Baja Mining Reports Fatality at Boleo Project

    Baja Mining Corp. regrets to report that it has been informed by Minera y Metalúrgica del Boleo S.A. de C.V., its 49% owned Mexican company, that an employee of a construction contractor was fatality injured at the construction site of the Boleo Project on the morning of November 15, 2012.

    Full News Release #53/2012(0.1 Mb)

  • November 15, 2012

    Baja Mining Files Third Quarter 2012 Financial Results

    Baja Mining Corp. reports that its financial results for the three months ended September 30, 2012 have been filed.

    Full News Release #52/2012(0.1 Mb)

  • November 13, 2012

    Baja Mining Appoints Interim CFO

    Baja Mining Corp. announces that the board has appointed Mr. Tom Ogryzlo, Baja’s Interim CEO & Chairman, as Interim Chief Financial Officer.

    Full News Release #51/2012(0.1 Mb)

  • November 7, 2012

    Baja Mining Announces Further Standstill Extension

    Baja Mining Corp. announces that the lenders to its 49% owned company, Minera y Metalúrgica del Boleo S.A. de C.V. have agreed to two further extensions to the standstill agreement of August 7, 2012 until November 20, 2012.

    Full News Release #50/2012(0.1 Mb)

  • November 2, 2012

    Baja Mining Announces Additional Funding For Boleo Project by Korean Consortium

    Baja Mining Corp. announces that the Korean Consortium has advanced an additional US$84 million to Minera y Metalúrgica del Boleo S.A. de C.V. for the construction of the Boleo Project.

    Full News Release #49/2012(0.1 Mb)

  • October 18, 2012

    Baja Mining Reports No Damages to Boleo Project Due to Hurricane Paul

    Baja Mining Corp. informs that its 49% owned company Minera y Metalúrgica del Boleo S.A. de C.V. has resumed its normal activities after the passage of hurricane “Paul” in the Baja California Sur region.

    Full News Release #48/2012(0.1 Mb)

  • October 15, 2012

    Baja Mining Announces Further Funding for Boleo Project

    Baja Mining Corp. announces that the Korean Consortium has advanced additional US$13.3 million to Minera y Metalúrgica del Boleo S.A. de C.V. for the construction of the Boleo Project.

    Full News Release #47/2012(0.1 Mb)

  • October 5, 2012

    Baja Mining Announces Additional Funding Provided for Boleo Project Construction to Continue

    Baja Mining Corp. announces that the Korean Consortium has advanced US$6.7 million to Minera y Metalúrgica del Boleo S.A. de C.V..

    Full News Release #46/2012(0.1 Mb)

  • September 27, 2012

    Baja Mining Announces Standstill Extension and Updates on Technical Report Status

    Baja Mining Corp. announces that the lenders to its 49% owned subsidiary, Minera y Metalúrgica del Boleo S.A. de C.V., have agreed to an extension to the second standstill agreement announced by Baja on August 7, 2012.

    Full News Release #45/2012(0.1 Mb)

  • September 4, 2012

    Baja Mining Provides Update on Stage II Funding Decision

    Baj a Mining Corp.reports that it has been informed by the Korean consortium that the Consortium was unable to make a decision regarding Stage II funding by August 30, 2012 (as previously announced by Baja on July 26, 2012), but continues its current due diligence and transition planning process toward that decision.

    Full News Release #44/2012(0.1 Mb)

  • August 28, 2012

    Baja Mining Announces Completion of Stage I Financing

    Baja Mining Corp. reports that the Korean consortium has contributed US$90 million to its subsidiary Minera y Metalúrgica del Boleo S.A. de C.V. completing Stage I of the financing announced by Baja on July 26, 2012.

    Full News Release #43/2012(0.1 Mb)

  • August 24, 2012

    Baja Mining Reports Waiver to Standstill Agreement

    Baja Mining Corp. today announced that the lenders to its 70% owned subsidiary, Minera y Metalúrgica del Boleo S.A. de C.V. have agreed to a waiver to the second standstill agreement (as described in Baja’s news release of August 7, 2012).

    Full News Release #42/2012(0.1 Mb)

  • August 21, 2012

    Baja Mining Reports on Status of Stage I Financing and Provides Corporate Update

    Baja Mining Corp. announces that further to its August 7, 2012 news release, the aggregate US$90 million comprising the Stage I financing which was to have been advanced to MMB by the Korean Consortium by August 20, 2012 under the new standstill agreement has not yet been fully advanced. Baja understands that the Consortium is in discussion with MMB’s lenders.

    Full News Release #41/2012(0.2 Mb)

  • August 13, 2012

    Resignations of Messrs. Waisberg and Marland From Board

    Baja Mining Corp. announces the resignation of Mr. Lorie Waisberg as Chair of the Board and of Mr. Waisberg and Mr. Francois Marland from the Board of Directors of the Company.

    Full News Release #40/2012(0.1 Mb)

  • August 7, 2012

    Baja Appoints New Directors

    Baja Mining Corp. announces that Peter Clausi and Ross Glanville have been appointed to the Baja’s board of directors to fill the vacancies caused by the resignations of directors Stephen Lehner and Ken Murphy announced on August 1, 2012.

    Full News Release #39/2012(0.1 Mb)

  • August 7, 2012

    Baja Mining Signs Second Standstill Agreement with Lenders

    Baja Mining Corp. today announced that the lenders to its 70% owned subsidiary, Minera y Metalúrgica del Boleo S.A. de C.V. have agreed to a new standstill agreement in relation to the Boleo project financing. The new standstill agreement expires September 15, 2012 and extends the standstill described in Baja’s news release of June 20, 2012, which expired on August 1, 2012.

    Full News Release #38/2012(0.1 Mb)

  • August 1, 2012

    Baja Mining Announces Director Resignations

    Baja Mining Corp. reports that Stephen Lehner and Ken Murphy have resigned from Baja’s board.

    Full News Release #37/2012(0.1 Mb)

  • July 27, 2012

    Class Action Commenced Against Baja

    Baja Mining Corp. announces that class action proceedings have been commenced against Baja and certain of its present and former directors and employees under the Class Proceedings Act (Ontario).

    Full News Release #36/2012(0.1 Mb)

  • July 26, 2012

    Baja Secures US$90M Interim Funding from Korean Consortium; Korean Consortium Evaluating Further

    Baja Mining Corp. announces that Baja’s subsidiary Minera y Metalúrgica del Boleo S.A. de C.V. has secured US$90 million of interim financing for the Boleo copper-cobalt-zinc project.

    Full News Release #35/2012(0.2 Mb)

  • July 13, 2012

    Baja Mining Provides Update

    Baja Mining Corp. provides the following update. In May, Baja retained BMO Capital Markets to assist in considering financing options and possible sources of funding. Non-disclosure agreements were signed by a number of interested parties, who were granted access to Baja’s data room and attended management presentations. A draft independent engineering report prepared by SRK was recently provided to parties participating in the BMO process.

    Full News Release #34/2012(0.1 Mb)

  • June 21, 2012

    Baja Mining Thanks Shareholders for Their Support and Provides Project Update

    Baja Mining Corp. today announced that at the annual and special general meeting of shareholders held in Vancouver on June 21, 2012 shareholders voted to elect Lorie Waisberg, Tom Ogryzlo, Wolf Seidler, Stephen Lehner, François Marland and Ken Murphy to the board.

    Full News Release #33/2012(0.2 Mb)

  • June 20, 2012

    Baja Mining to Hold Annual General and Special Meeting

    Baja Mining Corp. will host its annual general and special meeting tomorrow, Thursday, June 21, 2012 in Vancouver, BC, Canada.

    Full News Release #32/2012(0.1 Mb)

  • June 20, 2012

    Baja Mining Obtains Standstill Agreement from Lenders, Funds Cash Call

    Baja Mining Corp. today announced that the lenders to its 70% owned subsidiary, Minera y Metalúrgica del Boleo S.A. de C.V. have agreed to a 45-day standstill in relation to the Boleo Project financing.

    Full News Release #31/2012(0.1 Mb)

  • June 18, 2012

    Baja Mining’s Disclosure Challenged by Louis Dreyfus

    Baja Mining Corp. announced today that Louis Dreyfus Commodities Metals Suisse, S.A. has commenced litigation against it in the Supreme Court of British Columbia.

    Full News Release #30/2012(0.1 Mb)

  • June 14, 2012

    Baja Mining Confirms Availability of Meeting Materials

    Baja Mining Corp. notes that some shareholders have contacted Baja to say they have not received the meeting materials for Baja’s annual general and special meeting scheduled for June 21, 2012.

    Full News Release #29/2012(0.1 Mb)

  • June 4, 2012

    Baja Provides Guidance On Shareholder Meeting Resolutions

    Baja Mining Corp. today provided additional information regarding two items of special business to be considered at the upcoming annual and special general meeting of shareholders to be held on June 21, 2012.

    Full News Release #28/2012(0.1 Mb)

  • May 30, 2012

    Baja Mining Provides Update on Liquidity and Corporate Developments

    Baja Mining Corp. provides the following update on liquidity and recent corporate developments. As of May 29, 2012, Baja held directly US$27 million in cash and cash equivalents. On May 24, 2012, Baja’s 70% owned subsidiary, Minera y Metalurgica del Boleo S.A. de C.V., made an equity cash call of US$21 million which is due June 23, 2012. Baja intends to use US$14.7 million of its US$27 million to meet its pro rata share of the cash call, and the Korean Consortium which owns 30% of MMB be required to meet its pro rata obligation of US$6.3 million. Lender approval is a condition to the injection of the capital into MMB, and is being sought.

    Full News Release #27/2012(0.1 Mb)

  • May 25, 2012

    Baja Mining Receives Request for Arbitration from Louis Dreyfus

    Baja Mining Corp. announces that it has been advised by Louis Dreyfus Commodities Metals Suisse, S.A. (“LDCMS”) that LDCMS has filed a Request for Arbitration with the London Court of International Arbitration pursuant to section 7.2 of the September 28, 2010 Convertible Cost Overrun Facility Agreement between Baja and LDCMS (the “COF”).

    Full News Release #26/2012(0.1 Mb)

  • May 23, 2012

    Baja Mining Announces Appointment of New Director

    Baja Mining Corp. is pleased to announce the appointment of Ken Murphy as a director of Baja.

    Full News Release #25/2012(0.1 Mb)

  • May 16, 2012

    Baja Mining Files First Quarter Reports for 2012

    Baja Mining Corp. today announced its financial results for the three months ended March 31, 2012 have been filed.

    Full News Release #24/2012(0.1 Mb)

  • May 14, 2012

    Baja Mining Announces Resignation of Greenslade, Appointment of New Chairman and Interim CEO

    Baja Mining Corp. today announced the resignation of John Greenslade as a director of Baja. Mr. Greenslade has also resigned from his positions as Baja’s CEO and President.

    Full News Release #23/2012(0.1 Mb)

  • May 7, 2012

    Baja Mining Announces Board Appointments

    Baja Mining Corp. today announced the appointments of Mr. Tom Ogryzlo, Mr. Wolf Seidler, Mr. Stephen Lehner and Mr. Lorie Waisberg to the Board of Directors. With their appointments, the Baja board now consists of seven directors, including Mr. Giles Baynham, Mr. François Marland and Mr. John Greenslade.

    Full News Release #22/2012(0.1 Mb)

  • May 7, 2012

    Baja Mining Announces Update on Progress of Funding Solution

    Baja Mining Corp. today provided an update on the progress of its efforts to develop a funding solution for the recently announced capital cost overruns at its Boleo Project.

    Full News Release #21/2012(0.1 Mb)

  • April 25, 2012

    Baja Provides Update on Cost Controls, Funding Search, Executive Change and Governance Advisor

    Baja Mining Corp. today provided an update on its cost control initiatives, the development of a funding plan, an executive change and a new governance advisor.

    Full News Release #20/2012(0.3 Mb)

  • April 23, 2012

    Baja Mining Provides Update For Costs of the Boleo Project; Announces Director Resignations

    Baja Mining Corp. today announced the preliminary results of its current capital cost review of the Company’s 70 percent owned Boleo copper-cobalt-zinc project and three resignations from the Board of Directors.

    Full News Release #19/2012(0.3 Mb)