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Resgen supply negotiations with Eskom reach ‘mature’ stage

By: Megan van Wyngaardt 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... 

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