Nearby Location News
Boikarabelo first coal target slips as Resgen aims for March financial close 2016-10-14Dual-listed Resource Generation (Resgen) has pushed back the expected date of first coal production from its Boikarabelo mine in South Africa’s Waterberg region, as talks with potential financiers to secure the best funding package continue. The emerging producer in August entered into a R5.52-billion funding agreement with a financing syndicate, including Rand Merchant Bank, the Public Investment Corporation, the Industrial Development Corporation and Noble. It has since been working towards fulfilling the conditions precedent and said on Friday that it hoped to achieve the required internal credit committee approvals by mid-December.
Resgen selects preferred mining contractor for Boikarabelo 2016-10-05Dual-listed Resource Generation (Resgen) is another step closer to the development of its Boikarabelo coal mine in South Africa’s Waterberg region after signing a heads of agreement with a mining contractor. Boikarabelo mine operating subsidiary Ledjadja Coal this week selected Stefanutti Stocks Mining Services as the preferred mining contractor.
ASX: Boikarabelo Project Update 2016-10-03
Resgen secures R5.5bn for Boikarabelo 2016-08-08Dual-listed Resource Generation (Resgen) has secured R5.52-billion to complete construction of the Boikarabelo coal mine, in Limpopo. The emerging coal miner noted on Monday that Ledjadja Coal, a subsidiary of Resgen, had agreed on the commercial terms with a financing syndicate to secure the funding.
Resource Generation scores coup for the Limpopo coalfields with R5.5bn funding package for its Boikarabelo project. http://www.miningmx.com/top-story/27780-resgen-scores-coup-limpopo-r5-5bn-boikarabel 2016-08-08
Resource Generation scores coup for the Limpopo coalfields with R5.5bn funding package for its Boikarabelo project. http://www.miningmx.com/top-story/27780-resgen-scores-coup-limpopo-r5-5bn-boikarabelo-funding/ …
General 2015-05-10Adjacent to the license of CIC Energy, it is estimated that some 50% of the area is underlain by coal, with the western part of the PL area seeming to have the greater quantity of coal.