With a presidential election taking place in El Salvador in February 2014 and the decision of an international arbitration panel expected in the second half of 2014, it may be helpful now to look back at the timeline of the controversial Pacific Rim mine proposal.
Over 14,000 people from Canada, Costa Rica, and around the world sent a message to Infinito Gold’s annual shareholders’ meeting in Calgary on November 21st.
Deal means more punishment for El Salvador. On November 21, Pacific Rim Mining shareholders are poised to approve sale of the company to Melbourne-based OceanaGold in order to continue suing El Salvador in a World Bank tribunal.
Reuters reports, "Leftist candidate Michelle Bachelet was the clear winner in Chile’s presidential election Sunday, although she will have to wait until a second-round runoff (on Dec. 15) to seal her victory.
Vancouver-based NewGold Inc. has suspended the operations of its gold and silver mine in Cerro de San Pedro, Mexico after approximately 800,000 tonnes of material moved on the northeast pit wall in late-August. It has been reported that no one was injured in the incident.