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RESOURCE GENERATION LIMITED

ASX: RES

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Description

Resource Generation has a geographically diverse portfolio of high grade deposits with a defined program of work in place to develop these into operating mines.

South Africa

Coal is the major source of energy in South Africa. Production from existing mines is limited and there is expected to be an imbalance between supply and demand over the next ten years. The Waterberg coal field contains approximately 40% of South Africa’s remaining coal resource and is considered to be the main source of coal in the future.

Waterberg Region

The company attracted to the Waterberg region because of the accessibility and quality of its coal. The Boikarabelo coal seam is between 20 and 30 metres below the surface, enabling low-cost, open-cut mining. The seam is between 120 and 130 metres thick, with zones of varying quality thermal and soft coking coal.

Mine For

coal

Location of operation(s)

South Africa

Address

Level 12 , Chifley Tower , 2 Chifley Square
Sydney, NSW, AUSTRALIA

Phone

(02) 9376 9000

Email

Website


Last Updated

12/3/2015

 

The data on Australian Shares.com is intended as a guide only and is provided purely as an indication of what information can be found through official announcements. Data on this website should not be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy. The publisher (Intaanetto Pty Ltd) will not be held liable for any loss arising from the use of this website.