четверг, 31 октября 2013 г.

Lydian International s president and chief executive to step down New Zealand Energy embarks on tran


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Lydian International s president and chief executive to step down New Zealand Energy embarks on transformation as Origin deal closes Avrupa Minerals gets serious in Portugal, upcoming joint ventures on the horizon
Sherritt is a world leader in the mining and refining of nickel from lateritic ores with projects and operations in Canada, Cuba, Indonesia and Madagascar. The Corporation is the largest thermal coal producer in Canada and is the largest independent energy producer in Cuba, with extensive get up and go tours alaska oil and power operations on the island. Sherritt licenses its proprietary technologies and provides metallurgical services to mining and refining operations worldwide. The Corporation s common shares are listed on the Toronto Stock Exchange under the symbol S .
Revenue plunged 16% to $286 million from $342 million in the same period a year ago. Sherritt said lower nickel and export coal prices, higher administrative expenses and lower royalties in coal offset get up and go tours alaska gains from changes in the Ambatovy call option and higher finished metals sales volumes.
The company reported sales volumes, excluding sales from the Ambatovy Joint Venture, of 10.1 million pounds of finished nickel, 1.0 million get up and go tours alaska pounds of finished cobalt, 5.4 million tonnes of thermal coal, 1.0 million barrels of oil and 130 GWh of electricity get up and go tours alaska in the three-month period.
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