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Published: May/June 2017      

Waterberg Basin plan

Australian firm Resource Generation (Resgen) plans to develop the 12 Mtpa Boikarabelo coal mine and railway in South Africa. The opencast mine is located in the Waterberg Basin, in Limpopo Province, which is expected to become an important source of South African coal production, but it currently lacks rail capacity. Coal from the mine could be exported via either Matola Coal Terminal in Mozambique, Richards Bay Coal Terminal or even Durban.

The firm said that it is in advanced talks with the Development Bank of Southern Africa over financing for the rail link. Resgen chairman Denis Gately said: “If approval is granted, there will follow a short due diligence and, subject to a satisfactory outcome, a binding term sheet will be prepared for approval by the board.”...


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