Baja Mining

Baja Mining is squarely focused on advancing its Boleo project (copper,cobalt, zinc, manganese) located in Baja Sur, Mexico towards production. Boleo is located along the east coast of the Baja peninsula about 850 km south of San Diego, California. The Baja team is led by President John Greenslade. Mr. Greenslade spent a number of years with the predecessor of Placer Dome before going on to law school and the start of his own law firm specializing in securities law and mining projects. Mr. Greenslade is ably assisted by VP of Engineering Michael Shaw. Mr. Shaw has spent his long and successful career with a focus on mainly Latin American mining projects.

Boleo – $700 million Project NPV

The Boleo property has a long history that dates back to the late 1800's when local ranchers noted mineralized copper outcroppings. From 1884 to 1934 a French firm (financed by the Rothschilds) mined higher grade ore using underground methods but made no attempt to recover the contained cobalt or zinc. From 1935 to 1984 there were a number of other sporadic attempts at mining with ore being sold to a nearby smelter at Santa Rosalia. In 1992 John Greenslade acquired the property and optioned it out to a Canadian firm called International Curator who spent $23 million on exploration. In 2001 with metals prices low, International Curator relinquished their option and 100% ownership reverted back to John Greenslade. In 2004, Mr. Greenslade rolled the property into a publicly traded entity that today is recognized as Baja Mining and he has not looked back since. Read more »