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Resgen supply negotiations with Eskom reach ‘mature’ stage

By: Megan Wait ASX- and JSE-listed Resource Generation’s (Resgen’s) negotiations to supply Eskom with three-million tons a year of thermal coal were now at a mature stage, the company reported on Wednesday. Resgen, which is developing the $630-million Boikarabelo coal mine, in Limpopo, said it expects to start... 

Resgen awards mandate for Boikarabelo funding

By: Idéle Esterhuizen ASX- and JSE-listed Resource Generation’s (Resgen’s) black economic-empowerment subsidiary Ledjadja Coal has awarded a mandate to six financiers to provide finance for the construction of the Boikarabelo coal mine, in Limpopo. Absa Capital, Caterpillar Financial, Rand Merchant Bank, Hong Kong &... 

Resgen signs coal haulage contract with Transnet

By: Idéle Esterhuizen ASX- and JSE-listed Resource Generation’s (Resgen’s) black economic-empowerment subsidiary Ledjadja Coal has signed a ten-year, take-or-pay rail contract with Transnet Freight Rail (TFR) to haul up to six-million tons of coal a year. Resgen stated that the contract assisted in it overcoming its... 

Resgen acquires properties near Boikarabelo

By: Henry Lazenby ASX- and JSE-listed Resource Generation (Resgen) on Tuesday said it had signed an agreement to acquire land next to the company’s Boikarabelo coal mine in Limpopo, and agreed to a put option under which it could acquire further coal tenements. The properties being acquired are the farms Swelpan... 

Resgen secures water for Stage 2 of Limpopo mine

By: Henry Lazenby Coal junior Resource Generation (ResGen) has secured the water supply for developing the second phase of its Boikarabelo coal mine in Limpopo, the ASX- and JSE-listed junior the reported on Friday. The contract with the Lephalale local municipality (LLM) stipulated that ResGen must construct,... 

Resgen sells Tasmanian assets to focus on SA coal mine

By: Brindaveni Naidoo ASX- and JSE-listed Resource Generation (Resgen) said on Wednesday it would be divesting its Tasmanian coal tenements for $1.5-million. This would be achieved through the sale of all its shares in Energy Investments and Tiger Coal. 

Resgen says appeal lodged over Boikarabelo mining right

By: Brindaveni Naidoo ASX- and JSE-listed Resource Generation (Resgen) said on Thursday an appeal has been lodged with the South African Department of Mineral Resources (DMR) with regard to the recently awarded Boikarabelo mining right. In July, the DMR granted Resgen’s 74%-owned Ledjadja Coal a 30-year mining right... 

Anglo American pipeline at $85bn, Resgen awarded Waterberg coal rights, Barrick spending on big new mines

By: Martin Creamer Diversified miner Anglo American has put more projects into its growth pipeline, taking its total value to $85-billion; Resgen says Ledjadja Coal has a 30-year mining right for Boikarabelo mine;and Barrick Gold raises cost estimates for new South American mines under construction. 

Resgen awarded mining right for Waterberg coal mine 

By: Creamer Media Reporter ASX- and JSE-listed Resource Generation (Resgen) said on Monday its 74%-owned Ledjadja Coal has been granted a 30-year mining right for the Boikarabelo mine in the Waterberg region. As Ledjadja Coal brings on board a new black economic-empowerment partner, Fairy Wing Trading, it has also paid a... 

Resgen ups stake in Ledjadja Coal

By: Chanel de Bruyn Australian miner Resource Generation (Resgen) has increased its stake in Ledjadja Coal, which holds the prospecting rights over an area that contains a major portion of coal resources and reserves of the Boikarabelo project, in South Africa’s Limpopo province. The ASX- and JSE-listed company... 

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