Petition drive is targeting gold firm’s arbitration case

A Canadian organization is continuing a public relations effort against Infinito Gold Ltd, which is preparing a $1 billion international arbitration case against Costa Rica.

Infinito, through its subsidiary here, Industrias Infinito S.A., sought to open the Crucitas open pit mine north of San Carlos. The firm had a valid concession for years until a Costa Rican court annulled it.

The Canadian organization is called LeadNow, and its Web site said it is an independent advocacy organization that brings generations of Canadians together to achieve progress through democracy. The organization also opposes a Canadian trade treaty with China, according to the Web site.

A LeadNow email called the petition drive a bi-national effort between Canada and Costa Rica. It said organizers hope to present the petition to John Morgan, Infinito’s chief, at the firm’s annual meeting Nov. 21, presumably at its home base of Calgary.

The petition also is in Spanish. It has 1,487 signatures, according to the Web site.

“Infinito Gold doesn’t care what Costa Ricans think, but with its shareholder meeting just weeks away, we have a key opportunity now to force management to come clean about its shameful bullying to the company’s shareholders, a massive dose of public pressure will force Infinito to drop its lawsuit for good,” says the site.

The organization appears to have obtained much of its information from Mining Watch, an organization that says MiningWatch Canada is a pan-Canadian initiative supported by environmental, social justice, Aboriginal and labour organisations from across the country.

LeadNow seems to be unaware that Infinito had a valid concession that was overturned even after the Sala IV constitutional court gave it a green light. That is at the core of the firm’s complaint.

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