Sherritt International Corporation




Coalspur develops export thermal coal project in Alberta

Four months after he was hired as managing director and chief executive of Coalspur Mines (CPT-T, CPL-A) Gene Wusaty was still working out of his home and a local coffee shop in Calgary and putting business expenses on his personal credit card.


Mayhem In Madagascar

Madagascar is in a state of upheaval, and while foreign miners with operations there deny being affected, no one knows how it will play out in the end.



Troubles in Madagascar

Madagascar’s army has been taken over by a rebel solider triggering fears of a civil war on the island nation.




A weaker fourth-quarter has forced Sherrit International to withhold $270 million in contributions for the expansion of its 50%-owned Moa nickel-cobalt operation (right).

Sherritt Buckles Down After Strong Q3

Although Sherritt International (S-T, SHERF-o) had a strong third quarter, the company says it will cut back on spending in the new year as it braces for much weaker fourth-quarter results.



Independent Nickel mulls its options

Hoping to expand its nickel holdings in Manitoba, Victory Nickel (NI-T, VNCKF-O) has made an unsolicited, all-share takeover bid for Sudbury, Ont.-based Independent Nickel (INI-T, INIFF-O).


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