Trafigura has signed an settlement with Heath Goldfields to purchase 700,000oz of gold doré from the Bogoso-Prestea Gold Mine within the Western Area of Ghana.
Along with this offtake deal, Trafigura is providing $65m in debt financing to help with the restart of the mine’s oxide ore operations.
The settlement designates Trafigura because the offtaker for the gold doré produced on the Bogoso-Prestea processing plant, with deliveries projected to start inside the present yr.
The Bogoso-Prestea Gold Mine, a key gold manufacturing web site in West Africa, has yielded greater than 9 million ounces (moz) since 1912.
Heath Goldfields restarted operations with an preliminary gold pour in February 2026 after a two-year pause.
The positioning features a carbon-in-leach processing facility able to dealing with 1.5 million tonnes yearly, assembly SK-1300 compliance requirements.
This settlement marks Trafigura’s preliminary enterprise into Ghana’s gold market and its second gold-related deal in Africa following a funding initiative in December 2025 for Sierra Leone’s inaugural industrial gold mine.
These transactions reveal Trafigura’s ongoing enlargement within the treasured metals sector, leveraging its experience in buying and selling, logistics and market entry from its wider metals and minerals operations.
Trafigura metals and minerals head Gonzalo De Olazaval mentioned: “We’re happy to signal this offtake settlement with Heath Goldfields.
“Trafigura has been energetic throughout metals and minerals markets in Africa for over twenty years, and the continent stays a cornerstone as we proceed to broaden our treasured metals enterprise.
“Bogoso-Prestea is a producing asset with a robust operational workforce and LBMA [London Bullion Marketing Association] compliance, and we sit up for making use of our bodily buying and selling experience and market entry in assist of a Ghanaian-owned operation of this high quality.”
Final month, Trafigura signed a binding take-or-pay offtake settlement with Smackover Lithium to safe battery-grade lithium carbonate from the South West Arkansas challenge within the US.
“Trafigura indicators cope with Heath Goldfields for gold doré” was initially created and revealed by Mining Expertise, a GlobalData owned model.
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