Sherritt to ramp up 2017 capex as it resumes oil & gas drilling, Ambatovy charges

February 17, 2017

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Diversified miner Sherritt International says it expects higher capital expenditures this year on new mining development and fleet upgrades, the company said Thursday.
The Toronto-headquartered company said that most of its $129-million capex budget will be focused on completing the first Block 10 well and drilling-off a second well within its assets located along the north coast of Cuba.

Category: General