Construction activities at the site were immediately suspended. Investigations are currently underway and MMB is cooperating with the authorities.
Baja Mining News
The Korean Consortium has advanced approximately $73.5 million of the total $90 million of Stage I financing, which is sufficient to trigger the reduction in Baja's interest in MMB from 70% to 49%.
Baja Mining reports that Stephen Lehner and Ken Murphy, who joined the board in May, have resigned from Baja's board.