Afarak Group Plc - Other information disclosed according to the rules of the Exchange

AFARAK GROUP RESTARTS OPENCAST MINING AT MECKLENBURG

          Opencast mining expected to yield 200,000 tons of chrome ore
            Work on underground mining shaft set to commence in 2017
        Underground mine has potential of 4.5 million tons of chrome ore


Afarak Group has entered into a Mining Services Agreement with Pholagolwa Mining
to  continue the  opencast mining  Mecklenburg.  Work  is currently  underway on
increasing  the high wall  to 65 metres from  40 metres.  The first tonnages are
expected  shortly and full production  is expected to be  reached by April for a
period  of six months.   Full production will  be 30,000 tons of  chrome ore per
month  and  the  total  opencast  for  the  project  is expected to be just over
200,000 tons  of  chrome  ore.   This  will  also  allow  better  access  to the
underground  mining area which has the  potential to produce 4.5 million tons of
chrome ore.  Development of the shaft is scheduled to start later this year.

Dr  Alistair Ruiters, outgoing-CEO of Afarak,  said that this project highlights
Afarak's  responsiveness  to  market  conditions.  "In  response  to  the market
upswing,  an opportunity  was identified  in increasing  the high wall and which
will  allow  opencast  mining  and  facilitate  underground  mining.  This added
production  capacity  allows  us  to  reap  the  benefits  of the current market
upswing."

Guy  Konsbruck,  CEO-designate  of  Afarak,  added  that,  "Afarak  continues to
consolidate  its position as  a lean and  flexible vertically-integrated company
with the capacity to respond to favourable market conditions."


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Liitteet:

PR Mecklenburg.docx