MERAFE RESOURCES LIMITED - Production Report for the Nine Months Ended 30 September 2016
MRF 201610120013A
Production Report for the Nine Months Ended 30 September 2016
Merafe Resources Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1987/003452/06)
JSE share code: MRF
ISIN: ZAE000060000
(“Merafe”)
Production report for the nine months ended 30 September 2016
Merafe’s attributable ferrochrome production from the Glencore Merafe Chrome Venture for the first
nine months of 2016 increased by 3% compared to the comparative 2015 period. This increase was
primarily attributable to the additional production from the Project Lion II furnaces. Production volumes
were managed across the first three quarters of the year through timing of furnace refurbishments to
optimise stock levels.
Nine Nine
months months
ended 30 ended 30
Quarter 3 Quarter 3 September September
2016 2015 2016 2015
Attributable ferrochrome production (kt) 89 82 285 277
12 October 2016
Sandton
Sponsor:
Merrill Lynch South Africa Proprietary Limited
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