Resource Generation (ASX: RES) is developing one of South Africa’s largest remaining coal deposits, with the company's focos on the Boikarabelo tenements, in the Waterberg region of South Africa.
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.
Resource Generation (ASX: RES) director Scott Douglas has resigned to pursue other business ventures after four years with the company.
The company said Douglas was instrumental in bringing Resource Generation’s original investment in South African coal tenements to fruition.
This has now progressed to the development plan for the Boikarabelo mine.