Merafe Resources Limited reported production results for the fourth quarter and full year ended December 31, 2017. For the quarter, the company's attributable ferrochrome production from the Glencore Merafe Chrome Venture for the fourth quarter of 2017 was 109,000 kt against 107,000 kt a year ago.

For the year, the company's attributable ferrochrome production from the Glencore Merafe Chrome Venture for the year ended 31 December 2017. The company's attributable ferrochrome production was 395,000 kt against 393,000 kt a year ago.

For the year, the company expects basic earnings per share for the year ended 31 December 2017 of between 34.5 cents and 38.5 cents compared to 21.2 cents for the prior year, which is an increase of between 63% and 82%. Headline earnings per share for the year ended 31 December 2017 of between 34.5 cents and 38.5 cents, compared to 38.5 cents for the prior year, which is an increase of between 63% and 82%.