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Rsg - Resource Generation Limited - Resource Generation Progresses Plan To

Release Date: 31/03/2011 09:59:01      Code(s): RSG
RSG - Resource Generation Limited - Resource Generation progresses plan to      
secure water for its Boikarabelo mine/Water treatment plant to benefit local    
community                                                                       
Resource Generation Limited                                                     
ACN 059 950 337                                                                 
(Incorporated and registered in Australia)                                      
(Registration number ACN 059 950 337)                                           
Share code on the JSE Limited: RSG ISIN: AU000000RES1                           
Share code on the Australian Stock Exchange Limited: RES    ISIN: AU000000RES1  
("Resgen")                                                                      
Resource Generation progresses plan to secure water for its Boikarabelo mine    
Water treatment plant to benefit local community                                
Resource Generation Limited, which is developing one of South Africa`s largest  
remaining coal deposits, reports significant progress with securing the water   
that will be needed for its proposed Boikarabelo mine.                          
The company has been chosen as the preferred party to construct, operate and    
maintain a wastewater treatment plant at Marapong, approximately 50 kilometres  
from Boikarabelo. The plant will treat municipal effluent and is expected to    
generate up to 16 megalitres of water per day, which will be pumped to the mine 
site via a new pipeline. The cost of the plant is already included in the $552  
million capital expenditure budget for the mine`s development.                  
Resource Generation has been working for 18 months with the Lephalale Local     
Municipality in Limpopo Province on plans for the plant. This is a key          
responsibility that the company has committed to undertake as part of its social
and labour plan, which has been submitted with its Mining Right Application for 
the Boikarabelo mine.                                                           
Ceenex, an international engineering firm with substantial experience of the    
water sector, is advising on the project. Before construction begins, Resource  
Generation and the municipality are required to obtain government approval and  
finalise contractual arrangements.                                              
Sufficient water for stage 1 of the mine is available from groundwater boreholes
on the mine properties that the company already owns.  Use is subject to        
receiving an Integrated Water Use Licence which was applied for in January 2011.
Paul Jury, Resource Generation`s managing director, said: `This is another      
significant step in the development of our Boikarabelo mine. The plant will     
provide sufficient water to meet the medium- and long-term needs of the mine,   
including after its stage 2 expansion, and importantly it will also provide the 
local municipality with essential infrastructure and environmental protection.  
This is the first of many activities we will be undertaking for the Limpopo     
community.`                                                                     
Sydney, Australia                                                               
31 March 2011                                                                   
Contacts                                                                        
Paul Jury, Managing Director on (02) 9376 9000 or                               
Steve Matthews, Company Secretary on (02) 9376 9000                             
Media enquiries                                                                 
Anthony Tregoning (02) 8264 1000                                                
Sponsor                                                                         
Deloitte & Touche Sponsor Services (Pty) Limited                                
Date: 31/03/2011 09:59:01 Supplied by www.sharenet.co.za                     
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