Sherritt announced today that it has entered into consent and support agreements with institutional holders of approximately 44% of Sherritt's $720 million of outstanding senior unsecured debentures. The Support Agreements contemplate a proposed extension of the maturity dates under each of Sherritt's three series of Notes by three years as [...]
Sherritt International regrets to report the death of an employee of a contractor who was exposed to a release of hydrogen sulphide (H2S) gas in the pressure acid leach (PAL) plant at the Ambatovy Joint Venture. The gas release affected three employees of a contractor who were working in the area. One employee was critically injured and passed away [...]
Sherritt International Corporation ("Sherritt" or the "Corporation") (TSX: S), a world leader in the mining and refining of nickel from lateritic ores and the largest independent energy producer in Cuba, today reported its financial results for the fourth quarter and full year ended December 31, 2014.
"Considerable progress has been made against [...]
Sherritt announced today that its Board of Directors has approved a quarterly dividend, with respect to the first quarter of 2015, of $0.01 per common share, payable April 14, 2015 to shareholders of record as of the close of business on March 31, 2015. This regular dividend is an "eligible dividend" as defined in the Income Tax Act (Canada).
Sherritt International Corporation announced today the January 2015 operational results for the Ambatovy Joint Venture. Operating results attributable to Sherritt at a 40% ownership basis are summarized in the following table:
Sherritt is a world leader in the mining and refining of nickel from lateritic ores with operations in Canada, Cuba and Madagascar. The Corporation is the largest independent energy producer in Cuba, with extensive oil and power operations across the island. Sherritt licenses its proprietary technologies and provides metallurgical services to [...]
Sherritt announced today the December 2014 operational results for the Ambatovy Joint Venture.For the month of December, finished nickel production was 1,302 tonnes (3,254 tonnes, 100% basis), and finished cobalt production was 76 tonnes (189 tonnes, 100% basis). Finished nickel production increased 47% in 2014 compared to 2013 and increased 47% in [...]
Sherritt announced today that it has signed two new Production Sharing Contracts with the Government of Cuba. The new blocks, 8A and 10, are located in Central and Northern Cuba and encompass areas of 967 square kilometres and 261 square kilometres respectively. The PSCs have a 25-year-term and include commitments which primarily include [...]
Sherritt International Corporation announced today the November 2014 operational results for the Ambatovy Joint Venture. Operating results attributable to Sherritt at a 40% ownership basis are summarized in the following table: For the month of November, finished nickel production was 1,108 tonnes (2,770 tonnes, 100% basis), and finished cobalt [...]
Sherritt announced today the October 2014 operational results for the Ambatovy Joint Venture. For the month of October, finished nickel production was 1,554 tonnes, and finished cobalt production was 134 tonnes. The ore throughput in the PAL circuit was approximately 374,835 tonnes, or 75% of nameplate capacity and nickel production represented [...]
Sherritt announced today that its Board of Directors has approved a quarterly dividend, with respect to the fourth quarter of 2014, of $0.01 per common share, payable January 14, 2015 to shareholders of record as of the close of business on December 31, 2014. This regular dividend is an "eligible dividend" as defined in the Income Tax Act. Sherritt [...]
Sherritt is pleased to announce that it has won the Nedbank Capital Sustainable Business Award in the Resources and non-Renewable Energy category for its Ambatovy Joint Venture Biodiversity Program in Madagascar. The corporation and its partners are being recognized for excellence in sustainable business practices in Africa. At an awards ceremony [...]