Noront triples chromite resource in Ring of Fire

Toronto-based Noront Resources said on Tuesday it increased the size of the measured and indicated chromite resources at the Blackbird project in northern Ontario 130% to 20.5-million tons. The company also said it planned to do an internal study...

Xstrata-Merafe venture boosts ferrochrome output to 85%

The Xstrata-Merafe chrome venture will increase its ferrochrome production capacity in South Africa to 85% from Tuesday, as demand for the stainless steel-making ingredient strengthened. The JSE-listed Merafe, headed by CEO Steve Phiri, said on...

Merafe’s interim profit jumps sixfold

JSE-listed Merafe Resources, which has a ferrochrome joint venture (JV) with Xstrata, on Wednesday said that profit for the six months to end June had shot up to R602-million, which was 540% higher than the figure for the same period in 2007....

Ferrochrome prices to rise significantly in '08 - Merafe

India has raised the duty it charges on mining companies exporting raw chrome ore from the country by a further $12/t to some $66/t, a South African producer ferrochrome producer reported on Monday. Merafe Resources, which is in a joint venture...