President Chinchilla Will Not Revoke Mina Crucitas Permits
Taking into account the ruling of the Constitutional Court in favor of the gold mining project and the risk of a multi-million pound law suit, Chinchilla will not cancel the concession.
Wednesday, July 28, 2010
The Mina Crucitas operations, which are in the preparatory phase, remain suspended as a precaution pending the reversal of the Contentious-Administrative Tribunal ruling, which stopped the mine from operating in response to a complaint from an environmental organization.
In answering whether Costa Rica should compensate Industrias Infinito in the Crucitas mine case, the minister in charge of the issue said, "they shouldn't be paid or it should be minimal. "
The First Chamber of the Supreme Court of Costa Rica has dismissed appeals filed by the company Industrias Infinito.
A local court ruled to annul the concession previously granted to Industrias Infinito, and ordered the company to pay compensatory damages.
The Costa Rican government predicts possible damages payable to Industrias Infinito if the gold mining contract is cancelled.
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