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Corporate Score 42 Bullish

Trafigura Expands Precious Metals Footprint via Ghana Gold Deal

Apr 09, 2026 06:43 UTC
GC=F
Medium term

Trafigura has entered into an offtake and financing agreement with Heath Goldfields Ltd to secure gold production from Ghana. The deal includes a $65 million debt facility to restart mining operations at the Bogoso–Prestea facility.

  • Offtake of 700,000 ounces of gold doré
  • $65 million debt financing for mine restart
  • Focus on Bogoso–Prestea processing facility
  • Deliveries scheduled to begin later this year
  • Strategic shift by Trafigura into precious metals

Trafigura Group is intensifying its presence in the precious metals sector through a strategic partnership with Ghana-based Heath Goldfields Ltd. The agreement combines a commodity offtake arrangement with critical debt financing to revive local production. Under the terms of the agreement, the global trading house will purchase 700,000 ounces of gold doré produced at the Bogoso–Prestea processing facility. This move signals Trafigura's broader ambition to diversify its portfolio beyond its traditional strengths in energy and base metals. To facilitate the production, Trafigura is providing $65 million in debt financing. These funds are specifically earmarked to support the restart of oxide ore operations at the mine, ensuring the facility can meet the agreed-upon delivery volumes. Deliveries are expected to commence later this year. While the deal is a significant operational win for Heath Goldfields, it reflects a growing trend of global commodity traders providing direct financing to producers to secure supply chains in emerging markets.

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