Miners end strike at Glencore chrome venture

2014-12-01 19:43

Miners at a ferrochrome venture between Glencore and Merafe Resources has reached an agreement to end a strike.

Merafe soars on 134% jump in earnings

2014-08-12 13:09

Shares of Merafe Resources have jumped after the ferrochrome producer said first-half earnings and production have more than doubled.

Merafe warns on half-year profits

2013-07-24 13:23

Shares in Merafe Resources have slumped as the ferrochrome miner said half-year profits are likely to dip by at least 20%.

Merafe 2013 ferrochrome price up 2%

2012-12-19 08:45

Ferrochrome producer Merafe Resources says the European benchmark ferrochrome price has been settled at 112.5 US cents per pound for the Q1 2013.

China beats SA as top ferrochrome maker

2012-08-07 15:54

China has overtaken South Africa as the world’s largest producer of steel feedstock ferrochrome, with the latter's ouput falling 15% in the first half of 2012.

Merafe anticipates jump in earnings

2012-07-20 10:03

Merafe Resources advises that for the six months ended June 2012‚ it expects headline earnings per share to increase between 49% - 63%.

Shut furnaces help Eskom ease shortages

2012-02-17 10:11

The closure of five furnaces by Xstrata and Merafe until May will allow Eskom to use that power capacity to ease tight supply.

Merafe earnings disappoint

2011-08-02 12:01

Merafe Resources, the country's largest ferrochrome producer, has reported a sharp drop in first-half earnings, hit by lower output and higher costs.

Relief for JSE investors

2011-07-03 15:36

The JSE’s all-share index has enabled long-term investors to heave a huge sigh of relief.

Merafe JV boosts ferrochrome output

2010-07-27 08:41

In response to rising demand, ferrochrome production at the Xstrata-Merafe chrome venture has been hiked by 149%.


Merafe promises dividends, lower debt

2014-08-13 11:08

Merafe Resources has stayed a darling among investors after the company committed to continue paying dividends and cutting its debt.

Merafe profits tumble

2013-08-06 09:33

Merafe Resources has reported a 30% drop in H1 first-half earnings after a write-down related to a potential asset sale.

Merafe FY earnings lower on impairment

2013-01-31 12:34

Merafe Resources forecast a drop in full-year earnings, citing an impairment loss on a potential sale of high-cost assets, lower output and weak demand.

Merafe appoints chief financial officer

2012-10-30 12:27

Merafe Resources has appointed Ditabe Chocho as Chief Financial Officer of the company with effect from 2 January 2013.

Merafe earnings jump 70%

2012-08-07 09:09

Ferrochrome producer Merafe Resources reported a 70% rise in first-half profit despite a sharp drop in production following the company's decision to shut some furnaces.

Merafe output down on power deal

2012-05-02 09:41

Ferrochrome producer Merafe says output from its joint venture with Xstrata fell 21% in the first quarter, after furnaces were suspended to reduce power demand.

Merafe/Xstrata JV in talks with Eskom

2012-02-14 11:08

Merafe Resources says the Xstrata-Merafe chrome venture is in discussions with Eskom to assist the power utility with immediate supply requirements.

Merafe output falls

2011-07-26 09:20

Merafe Resources, SA's largest ferrochrome producer, says first-half production fell 4% to 150 000 tonnes due to furnace refurbishments.

Merafe swings to profit, recovery slow

2010-08-03 08:41

Merafe Resources, the world's largest ferrochrome producer, has reported a first-half return to profit and expects a gradual recovery in demand.

Jobs in Cape Town [change area]

Jobs in Western Cape region


Western Cape
Anchor Executive Recruitment (Pty) Ltd
R10 000 - R12 000 Per Month

New Business Corporate Sales Consultant

Western Cape
AGA Recruitment Specialists
R17 000 - R20 000 Per Month

Production Pharmacist

Western Cape
Dante Personnel Recruitment
R40 000 - R45 000 Per Month

Property [change area]

Travel - Look, Book, Go! - shop online today

40% off top appliances!

Save 40% on the top 10 appliances on While stocks last. Shop now!

Save 20% on Camping gear!

Buy 4 camping items and save 20%. While stocks last. Shop now!

Fifty Shades of Grey!

This great read will captivate you from cover to cover and leave you itching for more. Get your copy now!

20% off braai items!

Save 20% when you buy 2 braai items. While stocks last. Shop now!

30% off Pampers!

Save 30% when you buy 3 or more selected pampers products. While stocks last. Shop now!

There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire network.


Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.