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.
Adelia Oreamuno's Nativity scene takes the viewer on a world tour. It includes Canada, with moose and a Mountie; the United States, from sea to shining sea; Vietnam and Thailand, with a tuk tuk car and elepants; and Africa, with various wild animals.
U.S. President-elect Donald Trump threatened to reclaim the Panama Canal if it doesn't reduce tolls for American ships and accused China of being behind...
American Airlines (AA), the world's largest airline, resumed flights Tuesday after a technical issue forced the suspension of all its travel in the United...
