2009 News
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October 28, 2009 : Baja Mining Provides Project Update
Baja Mining Corp. is pleased to provide shareholders with an update on the Company and its Boleo Project in Baja California Sur, Mexico.
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September 11, 2009 : Baja Commences Trading On OTCQX
Baja Mining Corp. today announced that its common shares commenced trading on the Pink OTC’s most prestigious tier, OTCQX International, under the symbol, “BAJFF” effective at market open, September 11, 2009. Baja’s shares continue to trade on the Toronto Stock Exchange in Canada under the symbol “BAJ”.
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June 16, 2009 : Baja Achieves Key Milestone In Development Of Manganese Metal Production At Boleo
Baja Mining Corp. today announces that a key milestone has been achieved towards manganese metal production at its Boleo project in Baja, Mexico.
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June 03, 2009 : Baja Appoints Michael Shaw as Chief Operating Officer
Baja Mining Corp. today announced the appointment of Michael F. Shaw to the position of Chief Operating Officer of the Company, effective immediately. Mr. Shaw joined the Company in August 2007 as Vice President Construction and Engineering (please see previous news release dated September 6, 2007).
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May 14, 2009 : Baja Mining Selects Ica Fluor as EPCM Contractor & Restarts Boleo Engineering
Baja Mining Corp. today announced that it has signed a letter of intent with ICA Fluor to perform the engineering, procurement and construction management (EPCM) for Baja Mining’s Boleo copper-cobalt-zinc-manganese mining project located near Santa Rosalia, Baja California Sur, Mexico.
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March 16, 2009 : Baja Mining Sees Potential Capital Cost Savings
Baja Mining Corp. is pleased to provide shareholders with an update on management’s preliminary revised capital cost estimates for the Boleo Project (the “Project”). As expected, the slowing of the original construction schedule at Boleo has enabled the Company to take advantage of a reduced cost environment. Given the recent rapid changes in world economic conditions, the Company has prepared an updated preliminary internal trending analysis of Project capital costs, showing a 12% decrease, which suggests a revised cost estimate of US$767 million (excluding working capital and financing costs). This represents a reduction of over US$100 million from the Company’s April 2008 capital cost estimate of US$872 million (see press release dated April 17, 2008). The ongoing re-costing of Boleo is being undertaken in Vancouver together with the assistance of Baja’s Korean partners, who continue to work closely with the Company.
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