Trafigura Signs Gold Offtake Agreement and Provides Debt Financing for Bogoso–Prestea Mine in Ghana
Trafigura Group Pte Ltd has entered into an offtake agreement with Heath Goldfields Ltd., a Ghanaian-owned gold mining company, for the purchase of 700,000 ounces of gold doré from the Bogoso–Prestea Gold Mine located in Ghana's Western Region. In addition to the offtake agreement, Trafigura is providing USD 65 million in debt financing to support the restart of the mine's oxide ore operations. The Bogoso–Prestea Gold Mine, a significant gold operation in West Africa, has produced over 9 million ounces since 1912. Heath Goldfields completed the first gold pour at the site in February 2026, marking the restart of production after a two-year hiatus. The mine features a 1.5 million tonne per annum carbon-in-leach processing plant and complies with SK-1300 standards, which are the US Securities and Exchange Commission's mineral resource and reserve reporting standards. This transaction represents Trafigura's first venture into Ghana's gold sector and its second gold deal on the African continent, following a p...