Cuban connections

Article Abstract:

Some of Sherritt Inc's divisions, including its nickel-mining operations, have been blacklisted by the US Treasury Dept for doing business in Cuba. This should not hurt this fast growing company too much, as it has thrived since CEO Ian Delaney took control with a hostile takeover in 1990.

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Gold in the hills

Article Abstract:

Bre-X Minerals Ltd has reportedly discovered a huge gold deposit on the Indonesian section of Borneo. This has caused the firm's stock to jump from $1.90 to as high as $170 per share. Other Canadian junior mining companies are also doing well in foreign explorations.

Industry Overview, Gold industry, Natural resources, Borneo, Bre-X Minerals Ltd.

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Going capitalist on the Canbuck

Article Abstract:

Cuba's economy is moving away rigid socialism into a quasi-capitalist state. There are now 400 foreign firms doing business in Cuba including a new joint venture launched by the Canadian firm Sherritt Inc to develop nickel and cobalt deposits near Moa Bay.

Economic aspects, Column, Economic development, Cuban foreign relations, Canadian foreign relations

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