No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeTopicsEnvironment and WildlifeInfinito Gold Withdraws Crucitas Mining Claim Against Costa Rica

Infinito Gold Withdraws Crucitas Mining Claim Against Costa Rica

The Canadian mining company Infinito Gold has decided to drop a claim against Costa Rica for the failed Crucitas project in Cutris de San Carlos. The official website of the International Centre for Settlement of Investment Disputes (ICSID) states that, on June 14, 2024, “the parties filed a request for termination of the proceedings under the Arbitration Rules…” in ICSID Case No. ARB/14/5 – Infinito Gold Ltd. v. Costa Rica.

This decision definitively ends a controversy that began in March 2014 when the Canadian mining company appealed to this instance after being stripped of the concession that authorized it to build and operate a gold mine.

The appeals court to which the complaint was presented at the international level has not yet accepted the petition and is expected to issue a ruling in about four weeks, as confirmed by President Rodrigo Chaves.

“When the ruling is firm, we will give the pertinent statements and clarify what the future of Crucitas will be,” he said. The community of Crucitas has become a significant illegal mining district extending over dozens of square kilometers from where billions of colones have been plundered.

The only official estimate of illegally extracted gold dates back to January 30, 2020, when, in office DM-0154-2020, the Minister of Environment and Energy, Carlos Manuel Rodriguez, calculated that during 2017 and December 2018, 149,243 troy ounces of gold were illegally extracted, with a market value of $197,426,237 in just two years.

Edgardo Araya, environmental lawyer and former Frente Amplio law maker who brought down the mining project, pointed out that there are many doubts surrounding this decision, suggesting that something could be going on to reactivate the mine.

“Why has the government insisted so much that nothing can be done? Did they consider the existing legal prohibitions and our environmental regulations? Given what we’ve seen in this government, one could expect anything,” said Araya.

While the termination of Infinito Gold’s legal battle over the Crucitas project may mark the end of a lengthy controversy, the community of Crucitas is still waiting for solutions. Violence, insecurity, unemployment, poverty, drug trafficking, and environmental destruction are pressing issues that demand urgent attention.

Trending Now

Crowds Rush to TSE for Voter IDs Before Costa Rica’s 2026 Elections

Citizens formed long queues at the Supreme Electoral Tribunal (TSE) offices across our country in the days leading up to the national elections. People...

Costa Rica Faces Growing Obesity Challenge as Weight-Loss Drug Awaits Approval

Costa Rica draws praise for its fresh foods, active habits, and solid public health network. But a shift toward heavier weights threatens that picture....

Costa Ricans Cast Ballots in Pivotal Presidential Election

Voters across the country headed to polling stations today to select the next president and reshape the Legislative Assembly. The election drew 3.7 million...

Infantino Says Football Is Growing Exponentially in Nicaragua

FIFA president Gianni Infantino said football is growing “exponentially” in Nicaragua, a country he visited ahead of a Concacaf congress on Sunday and where...

Chile’s Kast Looks to El Salvador’s Model for Prison Security

Chile’s president-elect, José Antonio Kast, visited El Salvador’s mega-prison for gang members on Friday and asked President Nayib Bukele for “cooperation” to improve security...

US Entry Rule Changes Could Cost Billions in Tourism Losses

New rules for visa-exempt tourists heading to the United States may drive away millions of visitors and hit the country's economy hard. A recent...
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel

Latest News from Costa Rica