Resource Generation

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 has been granted an extension by the lenders for the funding of the construction of the Boikarabelo coal project in South Africa.

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

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

ResGenwill need to consider developing a smaller-scale operation than originally envisioned for its Waterberg-based Boikarabelo operation.

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.

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...

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, 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...

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...