Damage at Las Crucitas Estimated at $4.6 Million Dollars

By April 16, 2012Archive, Uncategorized

Las Crucitas

During a press conference on Friday April 13, 2012 in San Jose, Costa Rica, the findings outlining the damages at the Las Crucitas mine site in northern Costa Rica were released.

Neotropica Confernece on YouTube

In February, Neotropica, aided by CAVU, carried out aerial surveys, as part of a rapid environmental assessment, to determine the extent of deforestation at the site operated by Infinito Industries. The Costa Rican government annulled the contract awarded by former President, Oscar Arias, that would have allowed for the extraction of 800,000 ounces of gold from the mine. An earlier court ruling froze the $600,000 bond Infinito deposited in 2007.

These findings by Neotropica, MINAET and Earth Economics revealed that the actual cost of the destruction is $4.6 million USD.

Link to press event news and video from Neotropica here

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