Canadian Mining Journal


Sherritt International Corporation


  • News

    NICKEL: SNC-Lavalin to sell Ambatovy share for $600M

    October 1, 2015 by Canadian Mining Journal Editor

    MADAGASCAR – SNC-Lavlin of Montreal has elected to sell its 5% share in the Ambatovy laterite nickel joint venture to Sumitomo Corp. for $600 million. Sumitomo will now enjoy a 32.5% interest in the project. The balance is held by…

  • News

    Sherritt moves to protect liquidity

    September 22, 2015 by Canadian Mining Journal Editor

    Sherritt International’s (TSX: S) president and CEO David Pathe did not mince words when he said the firm must take action to protect its balance sheet in order to withstand lower commodity prices at a time when “more than 60% of global…

  • News

    NICKEL: Second fatality at Ambatovy this year

    May 19, 2015 by Canadian Mining Journal Editor

    MADAGASCAR – Sherritt International Corp. has reported a second death this year at the Ambatovy joint venture. The most recent incident occurred on May 16, 2015. An ore stockpile failure occurred, and the loose material completely buried…

  • News

    NICKEL: Sherritt wins Syncrude sustainable development award

    May 13, 2015 by Canadian Mining Journal Editor

    TORONTO – Sherritt International is the recipient of the 2015 Syncrude Award for Excellence in Sustainable Development. The prize recognizes the company’s sustainability work at the Ambatovy nickel joint venture in Madagascar.

  • News

    MINING PEOPLE: Agnico Eagle, Denison, Int’l Tower Hill, Sherritt, and True Gold

    March 26, 2015 by Canadian Mining Journal Editor

    Ammar Al-Joundi is rejoining Toronto-based Agnico Eagle Mines as president, effective April 6, 2015. He was formerly the CFO and senior executive VP of Barrick Gold, and prior to that he was Agnico ‘s CFO. Sean Boyd’s title will change to…

  • News

    NICKEL: Ambatovy boosts Sherritt bottom line

    February 12, 2015 by Canadian Mining Journal Editor

    TORONTO – Sherritt International registered a combined revenue figure for 2014 of $1.14 billion, due in part to the 47% increase in nickel production from the Ambatovy project in Madagascar. Sherritt’s share of production (40%) was 14,821…

  • News

    Sherritt surges as Obama ends US isolation of Cuba

    December 18, 2014 by Canadian Mining Journal Editor

    U.S. President Barack Obama’s call for a “new approach” in Washington’s relationship with Cuba, including the establishment of diplomatic relations and an easing of economic and travel restrictions, lifted the shares of Sherritt…

  • NICKEL: Sherritt wins sustainable business award for Ambatovy project

    November 6, 2014 by Canadian Mining Journal Editor

    MADAGASCAR – Sherritt International Corp. of Toronto has won the Nedbank Capital Sustainable Business Award in the resources and non-renewable energy category for its biodiversity program at the Ambatovy nickel joint venture. The company…

  • News

    NICKEL: Despite record Q3 production, Sherritt cuts head office staff

    October 29, 2014 by Canadian Mining Journal Editor

    TORONTO – Sherritt International has restructured and cut approximately 10% of its salaried workforce, excluding Ambatovy. As part of the plan the number of employees in the head office has been reduced by approximately 25% and cuts were…

  • News

    AWARDS: BBA engineers a better Canada at Detour Lake

    October 27, 2014 by Canadian Mining Journal Editor

    OTTAWA – Twenty-one Canadian consulting engineering firms received the highest recognition last week at the 2014 Canadian Consulting Engineering Awards Gala. The awards, which are presented jointly by the Association of Consulting…

  • News

    COMMENT: World’s most controversial mining projects

    August 27, 2014 by Canadian Mining Journal Editor

    Any organization who circulates a list with the title “Report on Top 10 Most Controversial Mining Projects” is opening itself up for objections. But that is exactly what RepRisk of Zurich, Switzerland, has published.

  • Feature

    Top 40: Not Much has Changed

    August 1, 2014 by Marilyn Scales

    This is the time of year we at CMJ pause to examine how Canada’s mining companies performed during the previous year. We start by poring through year-end 2013 results from twice as many companies as will make the list in an effort not to…