Resource Generation has a large defined coal reserve and resource in the Waterberg region of South Africa with a defined program of work in place to develop these into an operating mine. Strategy .The strategy for the Company is to develop high grade ?energy? related resources into viable and competitive mining operations. Accelerated shareholder value will be delivered through the delivery of physical mining activity. The portfolio of resources already accumulated includes low overburden, inexpensive to mine coal deposits in South Africa. Exploration programs in South Africa are completed and all major regulatory approvals have been received which can lead to the commencement of cash flow positive mining operations in as short a timeframe as possible.
Sector: Oil & Energy