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Merafe Resources H1 earnings jump, output down

August 7, 2012 Comments Off on Merafe Resources H1 earnings jump, output down

August 7, 2012, 8:40 am

JOHANNESBURG (Reuters) – South African ferrochrome producer Merafe Resources reported a 70 percent rise in first-half profit on Tuesday despite a sharp drop in production following the company’s decision to shut some furnaces to cut power demand.
The country’s largest…

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