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 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.


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.

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%.

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