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Cuba

Cuba is an island nation in the Caribbean, located south of Florida and east of Mexico's Yucatán Peninsula. The capital and largest city is Havana. Cuba has a population of about 11-million and operates a centrally planned economy under a single-party socialist government. The country possesses significant mineral resources, including nickel, cobalt, iron ore and copper, with nickel and cobalt production forming a key component of export earnings. Cuba is one of the world's leading producers of nickel, with major deposits in the eastern provinces. The national currency is the Cuban peso, though the economy has historically been affected by dual-currency arrangements and foreign-exchange controls. Since the 1959 revolution, Cuba has faced long-standing economic sanctions imposed by the United States, which have restricted trade, investment and financial transactions. These sanctions have shaped Cuba's economic development and its reliance on partnerships with non-US investors, particularly in the mining and energy sectors. Cuba is a member of the United Nations and the Non-Aligned Movement but is not part of major Western-led economic blocs. The country's economy depends heavily on tourism, remittances, medical services exports and mineral production.

Cuba Updates


Sherritt cobalt and nickel refinery in Alberta
Sherritt appoints finance veteran interim CFO to steer through Cuba challenges
Updated 6 hours ago By: Marleny Arnoldi

Having warned shareholders of acute financial, legal and operational challenges ahead owing to US sanctions in Cuba last month, TSX-listed Sherritt International Corporation has appointed Fitzroy... 


Sherritt's nickel and cobalt operation, in Cuba
Sherritt shares suspended amid Cuba challenges
25th May 2026 By: Marleny Arnoldi

The Ontario Securities Commission has issued a failure-to-file cease trade order against TSX-listed Sherritt International Corporation effective May 21, owing to the company’s failure to file its... 


Sherritt operation in Cuba
Sherritt warns of looming acute operational, financial and legal difficulties in Cuba
20th May 2026 By: Marleny Arnoldi

Canadian mining company Sherritt International Corporation, which is among Cuba’s largest foreign investors, is seeking to take the necessary and most appropriate actions to definitively address... 


The Moa JV site in Cuba
Miner Sherritt expects filings delay after external auditor and finance chief leave
14th May 2026 By: Reuters

Sherritt International said on Wednesday its external auditor has resigned and finance chief has left, adding that these developments would delay first-quarter financial filings and could trigger a... 


Sherritt's operation in Cuba
Canadian miner invested in Cuba says it's asssessing Trump's fresh sanctions
5th May 2026 By: Bloomberg

A Canadian mining company that is among Cuba’s largest foreign investors is consulting with advisers and stakeholders after President Donald Trump expanded US sanctions against the struggling... 


President Cyril Ramaphosa
South Africa accredits new US envoy amid tensions with Trump
8th April 2026 By: Bloomberg

South African President Cyril Ramaphosa accepted new US Ambassador Leo Brent Bozell’s credentials, a month after the diplomat was issued with a formal reprimand for criticising the government and... 


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pqt: 0.049s - ct: 1.329s - 178pq - 2rq
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