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Resgen aims to meet lender conditions by end-October to secure funding

ASX-listed Resource Generation, or Resgen, and its subsidiary Ledjadja Coal will aim to meet the conditions precedent for financial close for the mine funding package for development of the Boikarabelo mine by mid-October.

Resgen granted extension by lenders for Boikarabelo

Resgen has been granted an extension by the lenders for the funding of the construction of the Boikarabelo coal project in South Africa.
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Resource Generation enters funding agreements for Boikarabelo

Resource Generation has entered two non-binding term sheets with a group of three potential funders for the funding of the Boikarabelo Coal Project.

Resgen mulls funding proposals for Boikarabelo

ASX-listed Resource Generation has provided an update on the funding status of its Boikarabelo Coal Mine in the Waterberg, South Africa.

Downsizing Boikarabelo on the table for ResGen

ResGenwill need to consider developing a smaller-scale operation than originally envisioned for its Waterberg-based Boikarabelo operation.
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ResGen faces further funding delays for Boikarabelo

JSE and ASX-listed Resource Generation, or ResGen, who has yet to develop its Boikarabelo coal mine in the Limpopo province’s Waterberg coalfield in South Africa has been hit by another funding delay.

Resource Generation coal project Boikarabelo secures construction funding

The Resource Generation coal project Boikarabelo, which represents one of South Africa’s largest remaining coal deposits in the Waterberg coal fields, can now proceed with construction owing to a resolution regarding a lack of...

Resource Generation considers contract mining to cut mine development costs

ASX-listed coal mining developer Resource Generation will investigate if the contract mining model can reduce overall costs and capital requirements to complete building its Boikarabelo mine in the Waterberg coalfields. Resource Generation have been negotiating with...

Resource Generation funding for Boikarabelo construction still shaky

Resource Generation, the ASX/JSE listed coal company, is unable to shake market concern regarding the development of its Waterberg-based coal project Boikarabelo. Having received numerous enquiries about the status of its funding, the company reveals it...

Resgen continues to negotiate finance for the development of Boikarabelo

JSE- and ASX-listed Resource Generation (Resgen), who is developing the Boikarabelo coal mine in the Waterberg region of South Africa, said in a statement on Thursday that it has been negotiating with various parties and financiers...