Crucitas ruling against Infinito Gold unit causes concern over Costa Rica investment

A landmark court ruling that last week struck down a major gold mining concession may scare away foreign investment, say some members of Costa Rica’s business and political communities.

 

“It’s a mark in the negative column,” said Lynda Solar, executive director of the Costa Rican-American Chamber of Commerce.

 

She was referring to a ruling that rescinded a concession the government had already granted to Industrias Infinito, a Costa Rican subsidiary of Calgary, Canada-based Infinito Gold, for operations at its site at Las Crucitas.

 

Original source: Tico Times