August 21, 2012 Baja Mining reports on status of stage I financing and provides corporate update Baja Mining announces that the aggregate $90 million comprising the Stage I financing which was to have been advanced to MMB by the Korean Consortium has not yet been fully…
July 27, 2012 Baja sued for $260 million in class action. Vancouver co is worth only $18 million, down 93% in 2012 Baja Mining dropped by almost a third on Friday after announcing class action proceedings seeking $260 million in damages for misrepresenting the true state of affairs at its Boleo project…
July 27, 2012 Class action commenced against Baja Mr. Sue-Tang seeks: a declaration that Baja made misrepresentations contrary to the securities act during, general and special damages in the amount of $250 million, punitive damages in the amount…
July 13, 2012 Baja Mining only has enough money for Boleo project for two more weeks The Canadian mining company continues to struggle with cost overruns at its flagship Boleo mine in Mexico, the company has not yet received any funding proposals for the project and…
July 6, 2012 Xstrata-Glencore merger vote postponed: unions raise concerns Xstrata has delayed voting on a merger with Glencore as investors continue to dictate the offer and unions become more vocal about their concerns over the deal.
July 5, 2012 Australia won’t get in the way of Glencore-Xstrata Australia's antitrust regulator has decided it would not oppose commodities trader Glencore's $26 billion takeover of miner Xstrata.
July 5, 2012 Baja’s top shareholder won’t give more for Boleo Besieged Baja Mining suffered another setback on Thursday after Mount Kellett Capital Management, the company’s largest shareholder, announced it wouldn’t provide debt or equity financing for the Boleo project in…
June 22, 2012 Baja Mining thanks shareholders for their support and provides project update On the table at the company's annual shareholder's meeting in Vancouver were cost overruns, operating costs and new funding requirements.
June 20, 2012 Baja Mining has 45 days to come up with money for Boleo Besieged Baja Mining (TSX:BAJ) added another 14% on Wednesday following good gains the day before to trade at $0.205 after announcing it had negotiated a 45-day standstill agreement with lenders…
June 19, 2012 Burundi makes nickel debut Burundi is slowly entering the global mining economy. Two imminent projects are Muremera nickel, in the target outline stage, and Musongati, targeting nickel, cobalt, copper and platinum.
Copper poised for best year since 2009 after December surge All six base metals on the LME are headed for annual gains in a year that’s seen an array of supply-side pressures. December 24, 2025 | 10:11 am
