Currently viewing Global edition

Resgen reveals funding deal

Ahead of a shareholder meeting arranged as an attempt to oust the board of directors at Resource Generation (Resgen), details of a debt agreement that would fund construction of the Boikarabelo thermal coal project have been released.

Resgen reveals funding deal Resgen reveals funding deal Resgen reveals funding deal Resgen reveals funding deal Resgen reveals funding deal

Resgen may soon be able to develop its project into a coal mine

The Australian listed company looking to build a mine on South Africa’s relatively underdeveloped Waterberg Coalfield has signed a deal for 480 million (US$530 million) in debt finance from a private,