US investor group taps Glencore in bid for Sherritt
A U.S. investor group that includes Glencore (LSE: GLEN) is offering to recapitalize Sherritt International (TSX: S) and acquire control of the beleaguered miner whose…
Sherritt International
Cuba’s cobalt exposes Western supply chain weak spot
Canada’s largest cobalt refinery has become an unexpected casualty of United States sanctions on Cuba, exposing a critical weakness in Western mineral supply chains that…
US sanctions shut Canada’s largest cobalt refinery
Sherritt International (TSX: S) has begun shutting down its Fort Saskatchewan refinery after expanded U.S. sanctions on Cuba halted the feedstock supply needed to keep…
Sherritt drops plan to dissolve Cuban assets
Sherritt International (TSX: S) has dropped plans to dissolve its mining assets in Cuba, though operations will remain suspended amid ongoing United States sanctions on…
Sherritt shares crater on Cuba sanctions shock
Sherritt International (TSX: S; US-OTC: SHERF) shares plunged 30% on Thursday after the Canadian miner suspended its direct participation in Cuba operations as a result…
How Canadian mining can be great again
The mining and metallurgy industry has undergone a profound transformation since 1905, when Canada was producing six key metals – iron, copper, nickel, lead, aluminum and zinc…
Cuba fuel crunch clouds Sherritt’s operations
Sherritt International (TSX: S; US-OTC: SHERF), a Toronto-based miner whose fortunes are closely tied to Cuba via its Moa nickel-cobalt mine, is facing uncertainty amid…
Funding propels Fortune closer to NWT bismuth decision
Cross-border government aid is helping Canada’s Fortune Minerals (TSX: FT) approach a construction decision next year on its main Nico cobalt-gold-bismuth-copper deposit in the Northwest…
YMP Scholarship Fund to announce 2023 winners this month
The 2023 Young Mining Professionals Scholarship Fund (YMPSF) has awarded a total of $210,000 to students pursuing mining-related programs at post-secondary institutions across Canada. …
Sherritt International turns a corner in pivotal 2022
Nickel and cobalt producer Sherritt International (TSX: S) has reported strong financial results for 2022, as higher prices offset lower cobalt output. The Toronto-headquartered company…
Canada’s Saskatchewan adds lithium to mining portfolio
Prairie Lithium, a private lithium resource and technology developer situated in the heart of Saskatchewan’s resource-rich Williston Basin, reached a milestone this week as it…