We've got news for you.

Register on BusinessLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

Merafe Resources, the junior empowerment partner in a chrome joint venture with Glencore, has warned of a sharp drop of profits in its half year to end-June, when mines and smelters were shuttered.

The group expects headline earnings per share to fall between 81% and 86% from the prior period’s 6.6c, while net cash has fallen to R263m from R354m previously, the group said in a trading update...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now