20 October 2016
One of the main advantages of coal is that it is a cheap and stable source of energy. Resgen believes in coal and what coal can generate for the local and national economy. There have been tremendous strides in environmental responsibility with mining coal to ensure that the negative effects are kept minimal.
Boikarabelo – which means ‘to be responsible’ in the local language – will be a world-class, low-cost, open-cut coal mine. Located within the Waterberg magisterial district of Limpopo province, its mining right extends over approximately 9 018 hectares.
It has a 6.4 billion tonne resource, with probable reserves of 744.8 million tonnes on 35% of the tenements under management and delineated to date. Export and domestic offtake contracts are in place for the mine’s full production for its first seven years and for a significant proportion for the following 30 years.