Industrial Metals

Mining Weekly reported that Resource Generation Ltd. (ASX:RES) has revealed potential financiers for the construction of its $480-million Boikarabelo mine, located in Limpopo.

Mining Weekly reported that Resource Generation Ltd. (ASX:RES) has revealed potential financiers for the construction of its $480-million Boikarabelo mine, located in Limpopo.

As quoted in the market news:

The 745-million-tonne project would include a $200-million coal handling and preparation plant, which would be the largest capital item.

The ASX- and JSE-listed company said it was proposed that if the funding facility proceeded, the existing loans entered into with Noble would become part of the above facility.

Click here for the full Mining Weekly report

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