Listed ferrochrome producer Merafe Resources expected its basic and headline earnings a share for the six months to June to be between 48 percent and 60 percent lower than in the previous corresponding period, it said yesterday.

MERAFE Resources’ share price fell 8.42% to 87c on Tuesday morning after the ferrochrome producer warned shareholders its interim earnings were expected to halve.

[Ferro-Alloys.com]China's ferrochrome market remain stable after the decline of producers' quotation last week. Prices from the producers range from RMB5,900/T to RMB6,300/T Cr 50% basis,

[Ferro-Alloys.com]Chrome ore market remained strong. South Africa concentrate 40-42% at RMB27-29/mtu, South Africa concentrate 42-44% at RMB31-32/mtu,

Botswana's state-owned BCL, the country’s biggest copper and nickel miner, will continue to receive about $130 million (1.4 billion pula) a year, even if the company has to stop mining, the country’s vice president said.

[www.ferro-alloys.com]International News: The Bank of England unexpectedly remained the benchmark interest rate at 5% and 3,750 billion pounds debt purchasing plan didn’t change as well. The based metal market is unstable. There were 48 non-ferrous metals com...

[Ferro-Alloys.com] Now the price of silicon metal kept stable in China and also the price of silicon metal 553# with no oxygen was about RMB9500/MT to RMB9600/MT,

[Ferro-Alloys.com] In July, Chinese steel mills published the bidding price and quantities, and the statistic data shows there are 21 steel mills bidding the total quantity was about 23730 tons