Sherritt International Corporation
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MINING PEOPLE: Detour Gold, Golden Star, Quaterra, Sherritt, and Taseko Mines
Patrice Merrin is the new chair of Detour Gold Corp. in Toronto. She is currently a director of Glencore plc, and has held numerous other executive and board positions in the resource sector. She has also served with several government…
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NICKEL: Sherritt’s year end and 2019 guidance
TORONTO – Sherritt International Corp. has published its 2018 year end production numbers, some of which outstripped guidance and some of which fell short. The company also supplied guidance numbers for 2019. At the Moa joint venture in Cuba, 2018…
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OIL SANDS: Sherritt completes pilot tests of diluent-free bitumen upgrading
ALBERTA – Toronto-based Sherritt International says its Alberta-based technologies division in Fort Saskatchewan has completed a successful pilot scale run of a proprietary process to upgrade bitumen. The process could eliminate the need to add diluent , a costly thinning…
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COBALT: Sherritt links warrants to cobalt price, raises $115M
TORONTO – Sherritt International is raising C$115 million through the sale of shares and share purchase warrants. The proceeds will be used to reduce debt, for general corporate purposes and to fund future growth. The company will issue 82.1 million…
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NICKEL: Ambatovy JV restructured, Sherritt cuts debt
MADAGASCAR – Toronto-based Sherritt International and its partners Sumitomo Corp. and Korea Resources Corp. have restructured the Ambatovy nickel joint venture. Sherritt has shed a 28% interest in the project, retaining only a 12% ownership interest. By reducing its share…
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NICKEL: Sherritt shrinks Ambatovy share, retains operator status
MADAGASCAR – Sherritt International is reducing its interest in the Ambatovy nickel joint venture to 12% from the current 40%. Sherritt will, however, remain as operator of the project until at least 2024. Sherritt and its joint venture partners Sumitomo…
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Top 10 most important mine builders in Canadian history
As Canada celebrates the 150th anniversary of the signing of Confederation this year, it is a great time to remember the enormous contributions the mineral sector has made to our past and highlight the Top 10 Mining Men in…
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NICKEL: Sherritt’s Moa survives hurricane Matthew
CUBA – Toronto’s Sherritt International Corp. has provided an update on its Moa joint venture nickel project following hurricane Matthew earlier this month. The category 4 storm made landfall and swept across the eastern part late on Oct.3 and remained…
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NICKEL: Sherritt starts new Moa acid plant
CUBA – Sherritt International of Toronto announces the start of the third acid plant at the Moa joint venture with General Nickel Company of Cuba. The US$65 million project was the first capital project at Moa to be fully financed…
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Look who’s all grown up
Anyone who attended the PDAC convention in Toronto in early March is aware that opportunity is not only knocking in this business but trying to break down the door. There was record-high attendance; w…
