Trafigura signs deal with Heath Goldfields for gold doré

Thu Apr 09 2026

Trafigura has signed an agreement with Heath Goldfields to buy 700,000oz of gold doré from the Bogoso-Prestea Gold Mine in the Western Region of Ghana. In addition to this offtake deal, Trafigura is offering $65m in debt financing to assist with the restart of the mine’s oxide ore operations.

The agreement designates Trafigura as the offtaker for the gold doré produced at the Bogoso-Prestea processing plant, with deliveries projected to begin within the current year. The Bogoso-Prestea Gold Mine, a key gold production site in West Africa, has yielded more than nine million ounces (moz) since 1912.

Heath Goldfields restarted operations with an initial gold pour in February 2026 after a two-year pause.

The site includes a carbon-in-leach processing facility capable of handling 1.5 million tonnes annually, meeting SK-1300 compliance standards. This agreement marks Trafigura’s initial venture 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 commercial gold mine.

These transactions demonstrate Trafigura’s ongoing expansion in the precious metals sector, leveraging its expertise in trading, logistics and market access from its wider metals and minerals operations. Trafigura metals and minerals head Gonzalo De Olazaval said: “We are pleased to sign this offtake agreement with Heath Goldfields.

“Trafigura has been active across metals and minerals markets in Africa for over two decades, and the continent remains a cornerstone as we continue to expand our precious metals business. “Bogoso-Prestea is a producing asset with a strong operational team and LBMA [London Bullion Marketing Association] compliance, and we look forward to applying our physical trading expertise and market access in support of a Ghanaian-owned operation of this quality.”

Last month, Trafigura signed a binding take-or-pay offtake agreement with Smackover Lithium to secure battery-grade lithium carbonate from the South West Arkansas project in the US.

Source: https://www.mining-technology.com/