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.
A Costa Rican court has annulled the mining concession previously granted to Industrias Infinito, S.A., and ordered the company to pay environmental damages.
The Riu Guanacaste hotel in Costa Rica has reopened after a complete renovation, welcoming guests back to its beachfront spot on Matapalo Beach. The...
Costa Rica's electoral tribunal has stepped up pressure on President Rodrigo Chaves by asking lawmakers to strip his immunity over claims of political interference...
Peruvian researchers have identified a new poison dart frog in the Amazon rainforest, adding to the region's rich array of wildlife. The tiny creature,...
Hotels across Costa Rica face mounting pressures as tourist numbers dip and a sluggish dollar exchange rate eats into their earnings. From January to...
