Merafe Resources expects to report an increase in earnings per share for 2017 of up to 82%, due to higher chrome ore and ferro-chrome prices during the year.
The Johanesburg-listed chrome producer, which operates a joint venture project in South Africa with trader-miner Glencore, expects to report basic earnings per share of 34.5-38.5 cents for the year to December 2017. This compares with 21.2 cents the previous year. The increase in earnings...