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Costa Rica not liable for damages in Infinitivo arbitration

Costa Rica was not ordered to pay damages following an international arbitration decision in an action brought by Canada’s Infinito Gold, which was prevented from advancing the Crucitas gold project when the Central American nation banned open pit mining.

Costa Rica not liable for damages in Infinitivo arbitration Costa Rica not liable for damages in Infinitivo arbitration Costa Rica not liable for damages in Infinitivo arbitration Costa Rica not liable for damages in Infinitivo arbitration Costa Rica not liable for damages in Infinitivo arbitration

Crucitas in Costa Rica

The World Bank's International Centre for Settlement of Investment Disputes (ICSID) ruled against the company and denied its claim for US$394.