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Toronto-based Sherritt pulls back from mining joint venture in Cuba amid expansion of U.S. sanctions

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May 08, 2026 - 01:00
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Toronto-based Sherritt pulls back from mining joint venture in Cuba amid expansion of U.S. sanctions
A view of the front of the U.S. Embassy in Havana, Cuba, with a Cuban flag seen in the foreground of the image.

The United States on Thursday imposed ‌financial sanctions on a sprawling business conglomerate run by Cuba's military and a Cuban-Canadian mining joint venture, as the Trump administration ramps up pressure on the island's communist leaders by targeting sources of foreign investment.

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