| Madagascar nickel mine halts output due to cyclone | |
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TOKYO, Jan 11 (Reuters) - * Japan's Sumitomo Corp on Thursday said it and partners Sherritt International Corp and Korea Resources Corp halted output at the Ambatovy nickel mine in Madagascar on Jan. 4, the day before Cyclone Ava hit the area * Sumitomo said part of the facility was damaged by the cyclone and that repair work had started * Sumitomo said repairs were expected to be completed at the end of January, with production closed during that time * Sumitomo said all people involved in project were safe and that it was assessing the impact on its earnings (Reporting by Osamu Tsukimori; Editing by Joseph Radford) |
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Sherritt International Corporation
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PRODUCER |
CODE : S.TO |
ISIN : CA8239011031 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Sherritt International is a nickel producing company based in Canada. Sherritt International produces nickel, cobalt in Cuba, develops nickel in Madagascar. Its main asset in production is MOA in Cuba, its main asset in development is AMBATOVY in Madagascar and its main exploration property is COAL VALLEY in Canada. Sherritt International is listed in Canada. Its market capitalisation is CA$ 92.7 millions as of today (US$ 67.4 millions, € 63.3 millions). Its stock quote reached its highest recent level on September 22, 2006 at CA$ 9.99, and its lowest recent point on March 20, 2020 at CA$ 0.09. Sherritt International has 294 280 000 shares outstanding. |