Police arrested two men — including a U.S. citizen — in Costa Rica's Corcovado National Park last week during a ground mission to expel illegal hunters and gold miners from the renowned nature sanctuary.
Infinito Gold, the Calgary-based firm still fighting over its defunct open-pit gold mine project in Costa Rica, is one of 588 junior resource firms with negative working capital ($127 million) listed on the Toronto Stock Exchange Venture Exchange (TSXV).
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...
BONANZA, Nicaragua – Twenty workers dramatically rescued from a collapsed Nicaraguan gold mine joined frantic efforts to find five comrades still missing after the cave-in, officials said Saturday.
As many as 40,000 illegal miners — mostly poor, Quechua-speaking laborers from Peru's Andean highlands — have invaded some of the most pristine and biologically rich sections of ancient forest in the Amazon basin. In just a few years, they have laid waste to more than 120,000 acres, leaving behind Amazonian deserts of pestilent orange craters that bleed into the rivers when it rains.
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.
