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Company profile<br />
Baja <strong>Mining</strong>’s work ethic proving<br />
fundamental to success at Boleo<br />
Baja <strong>Mining</strong> Corp (TSX:BAJ; OTCQX:BAJFF) is a<br />
Canadian mine-development company with<br />
a 70% interest in the Boleo copper-cobaltzinc-manganese<br />
project located near Santa<br />
Rosalia, Baja California Sur, Mexico. Boleo is<br />
fully funded and remains on target for production to<br />
commence in the first half of 2013.<br />
John Greenslade, Baja president and CEO, first staked<br />
the Boleo site in 1992 and, since then, the company has<br />
systematically developed its partnerships and internal<br />
resources.<br />
Minera y Metalurgica del Boleo SA de CV (MMB)<br />
owns 100% of the mineral concessions covering the<br />
Boleo deposit. Baja owns a consolidated 70% interest in<br />
MMB, with the remaining 30% held by a Korean<br />
consortium including Korea Resources Corporation,<br />
LS-Nikko Copper Inc, Hyundai Hysco Co Ltd, SK<br />
Networks Co Ltd, and Iljin Materials Co Ltd.<br />
The high-grade deposit hosts a NI 43-101-compliant<br />
global reserve of 85Mt, grading 1.33% Cu and an M&I<br />
resource of 265Mt grading 0.76% Cu, with cobalt and<br />
zinc, by-products. The company is exploring the<br />
mang anese potential at Boleo but, to date, has not<br />
included manganese in its economics. The company<br />
has currently scheduled the first 23 years of mining.<br />
Copper production at the Boleo site is at an advanced<br />
stage of development, with production anticipated<br />
in a little more than a year. Boleo is expected to be a<br />
low-cost/long-life producer with life-of-mine cash<br />
costs net of by-product credits of -$0.29/lb (based on<br />
the NI 43-101 March 2010 Technical Report; reserves<br />
included in resources).<br />
Simulators are used to train drivers for<br />
the earth-moving trucks<br />
Bringing the project to life<br />
Building an operation the magnitude of Boleo<br />
from the ground up, in a remote location on a<br />
tight schedule, required a strong management<br />
team with diverse and specific skills.<br />
A significant requirement, particularly after the<br />
economic downturn in 2008, was to fund the rest<br />
of the Boleo project. In 2010, John Greenslade and<br />
the Baja team raised over US$1.1 billion – an<br />
accomplishment that fully funded the project and<br />
garnered two prestigious awards for its<br />
effectiveness.<br />
While financing was being sought, Baja’s<br />
human resources team began identifying the<br />
behaviours that future employees must<br />
demonstrate on the job. Those behaviours were<br />
translated into competencies, which have since<br />
become the guideposts for recruitment strategies<br />
and policies, performance-management<br />
programmes, as well as training and development<br />
initiatives.<br />
Boleo’s international location meant a need to attract<br />
as many candidates with international experience as<br />
possible, a preference for exposure to Latin-American<br />
cultures and/or fluency in Spanish. Training was<br />
initiated to fill the skills gaps, promote understanding of<br />
cultural differences, as well as communicate the value<br />
of adapting behaviours to foster more effective<br />
communications and improve workplace relationships<br />
in foreign locations.<br />
Also critical to the process was corporate<br />
governance. This required the development of a<br />
comprehensive manual of codes and procedures that<br />
form the backbone of how Baja and its people work as a<br />
team, as a company, and as good corporate citizens.<br />
Developing a mine in Mexico meant identifying the<br />
issues that, for Mexico, were most important. Baja has<br />
worked diligently to respect the local community and<br />
create a benefit for its citizens. Local suppliers are used<br />
when possible for site requirements, and community<br />
engagement is paramount.<br />
A conscious effort was made to employ local<br />
residents where possible. Local women were hired and<br />
trained to drive the many large earth-moving vehicles.<br />
Professionals from, and educated in, Mexico were hired<br />
for important jobs in areas such as construction, mining<br />
www.bajamining.com<br />
Boleo<br />
ê<br />
operations and geotech. Further local support is<br />
provided for the thousands of employees on site with<br />
local medical services, laundry and meal services.<br />
Extraordinary efforts were made to protect the<br />
historic ‘cardones’, or giant cactus, at site. Those<br />
removed from areas where processing infrastructure<br />
was planned were moved to a temporary protection<br />
area prior to relocation within the 19,500ha property.<br />
Each transplanted cardon was examined to evaluate its<br />
health, nurtured or cultured, prepared for transplant,<br />
and moved to a location that allows it to thrive. All were<br />
tagged and are now monitored to ensure their<br />
long-term health.<br />
Based largely on its local community-engagement<br />
efforts, Baja has received full support for its initiatives in<br />
Santa Rosalia and the surrounding towns.<br />
CONTACT<br />
Baja <strong>Mining</strong> Corp<br />
500-200 Burrard Street, Vancouver,<br />
BC, Canada V6C 3L6<br />
Tel: +1 604 685 2323<br />
Fax: +1 604 629 5228<br />
Email: info@bajamining.com<br />
The production plant at Baja <strong>Mining</strong>’s Boleo site is growing and changing daily