In the media

R5.5bn financing secured for Boikarabelo mine

Publication: Northern News

LEPHALALE – It appears to be all systems go for the finalisation of construction on the long-awaited Boikarabelo mine near Lephalale after Resource Generation (Resgen) announced that it had secured a R5.5 billion rand loan last week. According to a statement, Resgen was able to secure credit approval from members of a financing syndicate consisting of Rand Merchant Bank, Noble Resources, the Trading Group, the Industrial Development Corporation (IDC) and the Public Investment Corporation (PIC).  Read article