Sherritt International Corp Mining News

Sherritt CEO undaunted by Trump’s tightening of embargo on Cuba

Canada’s biggest investor on the island -- now a penny stock, with its shares down more than 50% so far this year -- is feeling the pinch of Cuba’s dire economic straits.

Sherritt sees no impact as Trump lifts ban on lawsuits against foreign firms in Cuba

The complete lifting of the ban could allow billions of dollars in legal claims to move forward in U.S. courts and likely antagonize Canada and Europe.

Sherritt International reports higher annual nickel production at Cuban JV

The company’s share of finished nickel production at the Moa joint venture (JV) in Cuba and Saskatchewan, Canada was 4,294 tonnes, up 4% from last year.

Sherritt’s year end and 2019 guidance

Sherritt owns 50% of the Moa joint venture, and at Ambatovy it is the operator and holder of a 12% interest.