Results for "Sherritt International"

A consortium of investors, including an unnamed U.S. anchor investor, Kyma Capital Ltd., Trifon Natsis, and Glencore Ltd., has submitted a non-binding recapitalization proposal to Sherritt International Corp. This potential lifeline comes after U.S. sanctions against Cuba impacted the Canadian company.

Canadian mining company Sherritt International has signed a preliminary deal to sell a majority stake to Gillon Capital. This strategic move is intended to help Sherritt avoid U.S. sanctions related to its operations in Cuba.

Canadian mining company Sherritt International is reportedly ending its operations in Cuba, citing increased US sanctions as the decisive factor.

Sherritt International has announced plans to raise $50 million through a non-brokered private placement.

Sherritt International's stock surged following news of a takeover bid from a consortium backed by Glencore.

Canadian mining firm Sherritt International has stopped its previously announced plans to dissolve its joint business venture in Cuba. This decision comes amidst ongoing sanctions affecting the region.

Sherritt International has issued a warning on its trading performance following the departure of its external auditor and finance chief.

Canadian companies, particularly those with major operations in Cuba's tourism and mining sectors like Sunwing and Sherritt International, are confronting unprecedented risks due to impending changes and an ongoing energy crisis exacerbated by a US oil blockade.

Sherritt International Corp. is ceasing operations at its refinery in Fort Saskatchewan, Alberta, after exhausting its inventory of feed from its Moa mine in Cuba.

Sherritt International has paused its plans to dissolve its nickel mining joint venture in Cuba. This decision comes in response to ongoing US sanctions, which complicate the company's operations and strategic decisions in the region.