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.
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.
SAN JOSÉ DEL GOLFO, Guatemala – An uncomfortable tension filled the air in the village of San José del Golfo, 28 kilometers northeast of Guatemala City, last Thursday. Driving through the streets, pairs of armed Civil National Police (PNC) could be seen standing “guard” at a fried chicken restaurant, in front of the public health center, and near a block of well-kept homes with flower gardens.