Developing the El Boleo mine - 2010

Baja Mining Corp. is a Canadian mining company. Baja, through Minera y Metalurgica del Boleo S.A.P.I. de C.V. (MMB), owns a 10% interest in the Boleo copper-cobalt-zinc-manganese project located in Baja California Sur, Mexico.

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Message: What s your take on : Baja Mining raises going concern doubt, shares fall

BAJA ANSWERED AN EMAIL expressing my concerns over deferral of the cobalt & zinc circuits in order to improve the ramp up of copper procuction. By doing this they would save $85 million in capital expenditures until after complrtion of the copper circuit. The production costs would obviously go up without the cobalt & zinc credits. Profits from the production of copper would enable them to finish the project at a later date. I wonder if they would save the tailings for processing later, get the cobalt & zinc?

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