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New Resgen board reviews Boikarabelo architecture

Following a successful board spill by three major shareholders last month, dual-listed Resource Generation (Resgen) says its new executive management and board, which included a new chairperson, deputy chairperson, interim CEO and company secretary, have reviewed the project architecture of the Boikarabelo coal mine in a bid to reduce the capital cost of the North West-based project. Newly appointed chairperson Denis Gately told shareholders on Thursday that several viable alternate operational models – such as an owner/operator or contract mining model – had been investigated following a board visit to the mine this week.