ASX and JSE-listed coal group Resource Generation (Resgen) said on Thursday it had agreed in principle to receive $2.25m (R41m) in additional working capital from its lender, Noble Group, as it battles uncertainty from the Covid-19 outbreak. 

The working capital component of its facility agreement with Noble will be $29.15m plus interest after the extension, the group says, as it continues to monitor the weakening rand, which has lost about a fifth of its value against the dollar so far in 2020...

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