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 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.

US, Asia demand boosts Int Ferro Metals

2011-10-25 09:11

International Ferro Metals posted a 21% rise in third-quarter ferrochrome sales on strong demand in the US and Asia.

Xstrata posts coal record as copper dips

2011-10-18 10:23

A new mine in Australia and recovery from a flood-hit start to 2011 has boosted Xstrata's coal production to a record in the third quarter.


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.

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.

ArcelorMittal may close Polish furnace

2011-10-21 15:11

Weaker steel demand in Europe may prompt the temporary closure of ArcelorMittal's blast furnace in Poland.

IFM loss widens on strong rand

2011-09-19 09:26

London-listed ferrochrome producer International Ferro Metals has reported a wider full-year loss, hurt by lower ferrochrome sales volumes and a strengthening rand.

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