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Infinito Gold to sue Costa Rica for $1 billion

Friday, June 21, 2013

Canadian mining company Infinito Gold on Thursday threatened Costa Rica with a billion-dollar lawsuit.

Government authorities rejected a company appeal to strike down an earlier court's annulment of a mining concession for Las Crucitas.

Infinito in April issued the government an ultimatum and set a six-month deadline “to resolve the dispute,” or it would take the case to international organizations.

Source: Tico Times