Canadian mining firm Infinito Gold announced last week that it has secured funding from a lender to continue pursuing damages stemming from Costa Rica's cancellation of the firm's gold mining concession in 2011.
An appeals court called for a new trial against former Environment Minister Roberto Dobles for approving the controversial Infinito Gold mining project.
Infinito Gold Ltd. listed more than $160 million in working capital deficit including loan principle and interest, according to a statement from the company published on the CNW press wire. “The Company has concluded that it will not be possible for it to continue operations,” the statement concluded.
A criminal court in San José on Wednesday sentenced former Environment Minister Roberto Dobles Mora to a three-year suspended sentence for breach of public duty in granting the British Columbia-based mining company Infinito Gold an open-pit gold mining concession in Crucitas, in the northern Alajuela canton of San Carlos, in 2008.
Former Environment Minister Roberto Dobles (2006-2010), right, and his lawyer, Laureano Castro, appeared in a Goicoechea court on Monday, Oct. 27, along with six other...
The government of Costa Rica announced Tuesday morning that it was ready to suit up and meet Infinto Gold, Ltd. at the World Bank's International Centre for Settlement of Investment Disputes.
The recent eruptions of Poás Volcano in Costa Rica have significantly disrupted tourism in nearby communities, including Poás, Poasito, Fraijanes, Vara Blanca, and Los...
