Sherritt International ,Toronto miner boosts dividend by six per cent

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.

 To access the full story, click here.

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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 Formation Metals to get their latest news instantly.
  • I would like to comment about russian bond market.. Everybody keeps forgetting that the russians have the largest amount of natural resources of any country in the world. They have just started development in some remote areas of the country


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