Merafe's ferrechrome production climbs 4%

2017-01-26 11:03

Merafe Resources reported a slight uptick in its ferrochrome production for the year ended 31 December 2016.

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.


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.

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.

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