By: Natalie Greve
Following a caution by JSE-listed Merafe Resources last month that it expected impairments to drag down its earnings for the first half of the year, the ferrochrome producer on Tuesday posted a 30% drop in headline earnings a share for the six months ended June 30.
The impairment loss, largely... →
By: Martin Creamer
The London-listed global ferrochrome leader Xstrata is pressing ahead with its long-delayed second-phase expansion of the Lion plant in South Africa, following an energy nod from Eskom augmented by the company's own self-generation plans.
Going ahead concurrently will also be the development of... →