Mining News Pro - Sherritt International has entered agreements with its Cuban partners to settle C$362 million ($260 million) of total outstanding receivables over five years, beginning January 1, 2023. The agreements, known as the “cobalt swap”, would allow the Moa joint venture in Cuba to prioritize dividend payments in the form of finished cobalt to each partner, and each partner’s share of these cobalt dividends will be redirected to Sherritt as debt repayment.

Saturday, October 15, 2022 - 01:21:55

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Mining News Pro - Sherritt International (TSX: S) is making plans to expand production and lengthen the life of the Moa nickel-cobalt mine in Cuba. Moa is a joint venture of Sherritt (50%) and General Nickel Co. of Cuba (50%).

Friday, November 5, 2021 - 13:48:42

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Mining News Pro - Sherritt International (TSX: S) on Monday reported its production results for full-year 2020, and also provided guidance for expected production, unit costs and capital spending in 2021.

Tuesday, January 26, 2021 - 12:41:10 PM

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Mining News Pro -Sherritt International announced Wednesday a proposed transaction designed to improve capital structure and reduce the beleaguered Canadian nickel miner’s debt by half.

Thursday, February 27, 2020 - 11:55:32 AM

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Mining News Pro - 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.

Friday, June 28, 2019 - 1:56:03 PM

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Mining News Pro - Investors dumped Nickel and cobalt miner Sherritt International’s (TSE: S) shares on Friday, after the company released first quarter earnings.

Saturday, April 27, 2019 - 10:07:25 AM

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Mining News Pro - Sherritt International`s stock was up Friday, after announcing the company had reached three billion pounds of finished nickel production since operations began at its refinery in Fort Saskatchewan, Alberta.

Saturday, March 2, 2019 - 10:17:18 AM

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Mining News Pro - Sherritt International has signed up for a trial of Leonovus’ data security software as the nickel and cobalt miner looks to support its evolving storage infrastructure.

Tuesday, December 25, 2018 - 2:04:50 PM

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Mining News Agency - The rise of electric cars is spurring Sherritt International Corp (S.TO) to consider branching into producing the types of nickel most sought after by battery manufacturers, the chief executive of the Canadian company said on Monday.

Tuesday, September 19, 2017 - 2:28:32 PM

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