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MERAFE RESOURCES LIMITED - Unprotected Strike Action at Limpopo Province Chrome Ore Mines

Release Date: 31/05/2013 09:36
Code(s): MRF     PDF:  
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Unprotected Strike Action at Limpopo Province Chrome Ore Mines

(Incorporated in the Republic of South Africa)
(Registration number: 1987/003452/06)
JSE share code: MRF
ISIN: ZAE000060000
(“Merafe” or “the Company”)

Unprotected strike action at Limpopo Province chrome ore mines

Management regret to advise that the Helena, Magareng and
Thorncliffe mines of the Glencore-Merafe Chrome Venture (the
Venture),   located  in   the   Limpopo  province,  have  been
interrupted by illegal strike action. Currently there is
adequate chrome ore stock, within the Venture, to ensure that
both    smelter     and     customer    demands    are    met.
Management continues to engage with the union and employees.

Sandton
31 May 2013

Sponsor:
Merrill Lynch South Africa Proprietary Limited

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