Infinito reorganizes to seek damages from Costa Rica
The news last July that Canadian mining firm Infinito Gold was closing shop caused some to speculate that the company’s multimillion dollar case against Costa Rica before the World Bank’s arbitration court might be moot.
Not so. Infinito 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.
Source: Tico Times