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Keywords :   Baja Mining | Cobalt |

Baja Mining Announces Resignation
of Gerald Prosalendis From Board

Baja Mining Corp. (TSX:BAJ - OTCQX: BAJFF) today announced that Gerald Prosalendis has resigned from the Board of Directors for personal and family reasons.

 

?I wish Baja and the Board continued success as I pursue other interests,? said Mr. Prosalendis.

 

The Board thanks Mr. Prosalendis for his efforts on behalf of Baja.

 

About Baja

Baja Mining Corp. (TSX:BAJ-OTCQX:BAJFF) is a mine development company with a 70 percent interest in the Boleo copper-cobalt-zinc-manganese Project located near Santa Rosalia, Baja California Sur, Mexico. Baja is the project operator and a Korean syndicate of industrial companies holds the remaining 30 percent.  Boleo is funded, currently under construction and targeted for copper commissioning in 2012, and copper production in early 2013. Boleo has 265 Mt of measured and indicated resources (including 85 Mt of proven and probable reserves) and 165 Mt of inferred resources. A March 2010 updated technical report to the 2007 definitive feasibility study, confirmed that Boleo could be developed economically at an after-tax IRR of 25.6 percent (100 percent equity), with a minimum scheduled mine life of 23 years (during which approximately 70 Mt of the noted proven and probable reserves will be exploited), a NPV of US$1.3 billion (8 percent discount rate), and an average life-of-mine cash cost of negative US$0.29/lb for copper, net of by-product credits. Metal Prices were based on SEC pricing guidelines (which at the time of the 2010 report were US$2.91/lb Cu, US$26.85/lb Co and US$1,175/tonne ZnSO4H2O). For more information, please visit www.bajamining.com.

 

On behalf of the Board of Directors of Baja Mining Corp.

"John W. Greenslade"

John W. Greenslade, President & Chief Executive Officer

 

Data and Statistics for these countries : Mexico | All
Gold and Silver Prices for these countries : Mexico | All
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In the News and Medias of Baja Mining Corp
5/5/2012Is this Baja Mining's ‘Et tu, Brute?' moment?
4/25/2012Baja Mining suffers massive sell-off as analysts cut targets
4/23/2012Rising project costs hit Baja Mining's Mexico project
1/4/2012Baja Mining eyes $1bn manganese upside at Boleo
7/27/2009Baja Mining develops manganese recovery process for its Bole...
5/15/2009Baja Mining Selects ICA Fluor as EPCM Contractor & Restarts ...
10/19/2007Baja Mining: Tin Foil Hats Have Their Uses
12/19/2006New Analysis
Annual reports of Baja Mining Corp
2008 Annual report
2007 Annual Report
Financings of Baja Mining Corp
8/21/2012Reports on Status of Stage I Financing and Provides Corporat...
11/23/2010Closes C$184 Million Bought Deal Financing
11/1/2010Announces C$160 Million Cross-Border Bought Deal Financing
8/13/2010Closes $17.5 Million Bought Deal Offering
9/13/2007Announces CDN$45+ Million Private Placement
Nominations of Baja Mining Corp
11/14/2012[Baja Mining Corp.] Appoints Interim CFO
5/23/2012Announces Appointment of New Director
5/16/2012[Baja Mining Corp.] Announces Resignation of Greenslade, App...
4/18/2012[Baja Mining Corp.] Announces Resignation of Gerald Prosalen...
4/17/2012Announces Resignation of Gerald Prosalendis From Board
12/15/2011Hires New Officers; Completes Second Draw on Senior Debt
2/3/2011Appoints Wolf Seidler to Board
6/3/2009Appoints Michael Shaw as COO
9/6/2007Welcomes New Vice President - Engineering & Construction
Financials of Baja Mining Corp
11/15/2012[Baja Mining Corp.] Files Third Quarter 2012 Financial Resul...
Project news of Baja Mining Corp
5/13/2013(Boleo)Boleo Project Receives Further Funding and Baja Mining Inter...
5/13/2013(Boleo)Boleo Project Receives Further Funding and Baja Mining Inter...
10/15/2012(Boleo)Announces Further Funding for Boleo Project
12/20/2010(Boleo)Closes Copper Hedging For Boleo Project
11/23/2010(Boleo)[Baja Mining Corp.]Fully Funded for Boleo Construction - Pro...
9/29/2010(Boleo)[Baja Mining Corp.] Signs US$ 858 Million of Financing Facil...
3/9/2010Files Updated Technical Report & Amended Financial Statement...
10/28/2009(Boleo)Provides Project Update
6/17/2009(Boleo)Achieves Key Milestone in Development of Manganese Metal Pro...
5/14/2009(Boleo)Selects ICA Fluor as EPCM Contractor & Restarts Boleo Engine...
2/3/2009(Boleo)Provides Project and Company Update
4/18/2008(Boleo)Welcomes Kores as Development Partner at El Boleo
8/21/2007(Boleo)Receives Essential Land Use Permits
Corporate news of Baja Mining Corp
4/18/2013Provides Annual Meeting Information
2/12/2013Korean Consortium Provides Phase 2 Funding Commitment, Baja ...
1/24/2013(Boleo)Provides Boleo Project Financing Update
4/23/2012(Boleo)Provides Update For Costs of the Boleo Project; Announces Di...
4/22/2011Adopts Shareholder Rights Plan
1/18/2011Finalizes Fixed Interest Rate on US EXIM Loans at 3.02% and ...
12/13/2010[Baja Mining Corp.] Announces S&P/TSX Global Mining Index an...
12/2/2010Wins Exploration and Development Funding Award
3/9/2010Files Base Shelf Prospectus
9/14/2009Commences Trading on US OTCQX
3/16/2009Sees Potential Capital Cost Savings At Boleo
10/16/2008(Video) Focus on Manganese
8/20/2008To Take First Delivery of Mining Equipment
7/4/2008 Releases Video Presentation on Korean Financing Closing
7/2/2008Completes Unprecedented Financing and Provides Transaction D...
6/25/2008Provides Financing Update
6/3/2008[Baja Mining Corp.] Closes Transaction with Korean Consortiu...
5/9/2008 Welcomes Tom Ogryzlo as Chairman of the Board
4/23/2008Launches New Multimedia Presentations - Now Online!
3/27/2008 Presents at AMEX Precious and Base Metals Conference
1/14/2008Project Update and Ordering of Long Lead Items
11/13/2007 Secures US$64 Million Equipment Lease with Caterpillar Fina...
10/16/2007Closes Brokered Tranche of $45 Million Placement; Receives S...
10/11/2007 Notifies 2005 Warrant Holders of Near Term Expiry Date
9/4/2007Signs Bridge Loan Facility with Endeavour Mining Capital
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TORONTO (BAJ.TO)FRANKFURT (B1Y.F)
0.040+0.00%0.026-13.33%
TORONTO
CA$ 0.040
05/22 15:31 -
0%
Prev close Open
0.040 0.040
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0.040 0.040
Year l/h YTD var.
0.040 -  0.130 -63.64%
52 week l/h 52 week var.
0.040 -  0.270 -84.62%
Volume 1 month var.
208,090 -20.00%
24hGold TrendPower© : -9
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Develops Cobalt - Copper - Manganese - Zinc
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2013-69.23%
2012-84.34%1.100.04
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