Sherritt International Corporation

The Crimean nickel effect

Where gold was once the key barometer for geopolitical bad news, lately nickel has been hogging the stage.


Activist shareholder criticizes Sherritt International

A Halifax-based investment company that owns shares in Sherritt International (TSX: S) is calling for a change at the Toronto-based company, which it accuses of making “ill-considered acquisitions” and dishing out…


Construction at Sherritt International joint venture Ambatovy mine, in 2008. Credit: Sherritt International

Sherritt’s Ambatovy reaches commercial production

Fifteen months after Sherritt International (TSX: S; US-OTC: SHERF) and its partners first started shipping nickel and cobalt of commercial quality from the massive Ambatovy mine, the nickel–laterite operation in Madagascar has reached…




The construction camp at Sherritt's Ambatovy joint venture project in Madagascar (2009). Source: Sherritt

Sherritt lands in the red in Q2

Sherritt International (TSX: S; US-OTC: SHERF) reported a second-quarter net loss of $10.7 million, or 4¢ a share, falling below earnings of $40.8 million, or 14¢ a share, a year ago.




Construction workers at Sherritt's  Ambatovy project. Source: Sherritt International

Sherritt reports loss but boosts dividend on back of Ambatovy

Sherritt International (S-T) had to shoulder some of the same industry wide hardships as lower commodity prices and higher costs, but the company signaled its bullishness for the future by increasing its dividend despite reporting a fourth…



Sherritt copes with falling prices, permit delays

Toronto-based Sherritt International (S-T) is suffering from symptoms of the global economic slowdown, including rising cash costs and lower realized prices on production.Sherritt has tried shielding itself with its diverse portfolio —…



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