RE: News out on MMB Thanks for the link Voodoo. It came out in Spanish and here is the Google English translation:
Minera Boleo forward its property tax payments for the 2014
• "Payment of 13.7 million pesos in one installment"
• "MMB meets its legal commitments with local authorities"
Santa Rosalia, Baja California Sur, December 3, 2012. - Minera Boleo Announces Advancement in payment of property taxes until 2014, all founded and in compliance with the legal framework stipulating the municipal authorities.
Minera Boleo in strict accordance with the law, this day your payment becomes effective 13.7 million pesos, which will serve the same municipality of Mulege for use in the execution of infrastructure works, the direct benefit to the municipality and community development mulegina.
Mr. Hector Espino, General Manager of Government Relations at Minera Boleo said about "The fulfillment of legal obligations applicable to the various levels of government, is one of the guiding principles of our company, even more so when we know that by contributing paying taxes that apply to us, the benefit is reflected throughout the community. "
Mining and Metallurgical Boleo (Boleo Mining) is a Mexican company owns a project of copper, cobalt and zinc, located in Santa Rosalia, Baja California Sur, Mexico. The capital of the "El Boleo" is funded by various institutions and foreign companies and is in full compliance with Mexican federal and local laws. The company has developed various social responsibility programs as part of its domestic policy. Boleo mining and construction companies working for it, so far have generated more than 2,500 direct jobs. 51% of the company belongs to the Korean Consortium and the remaining 49% to Baja Mining. For more information visit: www.mmboleo.com