Canadian Business Online reports that Sherritt International intends to increase its’ (TSX:S) quarterly dividend six %, from 36 cents per share to 38 cents per share.
The story is quoted as saying:
Higher prices for its nickel, cobalt, coal and oil helped boost revenues by 13 per cent to $440.5 million in its most recent quarter.
|Formation Metals Inc. (TSX:FCO,OTCQX:FMETF) primary asset, located in the mining friendly state of Idaho, is the 100% owned, Idaho Cobalt Project. The ICP is a unique, high grade, primary cobalt deposit which is comprised of the mine and mill site and the proposed refining facility, the Cobalt Production Facility, a stand-alone hydrometallurgical facility that will process the ICP Mine concentrates into cobalt sulfate, copper sulfate, copper concentrate, magnesium sulfate and gold. Connect with FCO to get their latest news instantly.|