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MERAFE RESOURCES LIMITED - Production report for the third quarter ended 30 September 2019

Release Date: 21/10/2019 09:00
Code(s): MRF     PDF:  
Wrap Text
Production report for the third quarter ended 30 September 2019

MERAFE RESOURCES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1987/003452/06)
Share Code: MRF
ISIN: ZAE000060000
(“Merafe” or the “Company”)


 Production report for the third quarter ended 30 September 2019


 Merafe’s attributable ferrochrome production from the Glencore Merafe Chrome Venture for the third
 quarter ended 30 September 2019 decreased by approximately 29% compared to the quarter ended
 30 September 2018. This decrease was as a result of increased planned maintenance, increased
 community unrest as well as production cutbacks in response to market conditions during the third
 quarter ended 30 September 2019.




                                                           Third quarter           Third quarter
                                                                   ended                   ended
                                                       30 September 2019       30 September 2018

 Attributable ferrochrome production (kt)                            60                      84




 Sandton
 21 October 2019

 Sponsor
 One Capital

Date: 21/10/2019 09:00:00
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