Merafe rolls over Q3 ferrochrome price

[miningmx.com] – MERAFE Resources, a Johannesburg-listed in joint venture with GlencoreXstrata, said it had rolled over the third quarter European benchmark ferrochrome price of $112.5c per pound for the fourth quarter.

In August, Merafe reported a R53m decline in interim pretax earnings to R201m. Share earnings came in at 3.8 cents per share.