Trafigura signs gold offtake agreement and provides debt financing for Bogoso–Prestea mine in Ghana
Geneva, 09 April 2026 – Trafigura Group Pte Ltd (“Trafigura”) has signed an offtake agreement with Heath Goldfields Ltd. (“Heath Goldfields”), a Ghanaian-owned gold mining company, for the purchase of 700,000 ounces of gold doré from the Bogoso–Prestea Gold Mine in Ghana’s Western Region. Alongside the offtake, Trafigura is providing USD65 million in debt financing to support the restart of the mine’s oxide ore operations.
Under the terms of the agreement, Trafigura will act as offtaker for gold doré produced at the Bogoso–Prestea processing facility, with deliveries expected to commence later this year.
The Bogoso–Prestea Gold Mine is one of West Africa’s most significant gold operations, having produced more than 9 million ounces since 1912. Heath Goldfields completed the first gold pour at the site in February 2026, marking the restart of production after 2 years. The asset features a 1.5 million tonne per annum carbon-in-leach (CIL) processing plant and is compliant with SK-1300 standards (the US Securities and Exchange Commission’s mineral resource and reserve reporting standard).
This marks Trafigura’s first transaction in Ghana’s gold sector and its second gold deal on the African continent, following a debt financing transaction in December 2025 to support Sierra Leone’s first commercial-scale gold mine. These transactions reflect the continued expansion of Trafigura’s precious metals business, drawing on the same physical trading expertise, logistics capabilities and market access that underpin its broader metals and minerals platform.
Gonzalo De Olazaval, Head of Metals and Minerals, Trafigura Group, said: “We are pleased to sign this offtake agreement with Heath Goldfields. This is Trafigura’s second gold transaction on the African continent and our first in Ghana’s gold sector – a market where we have long-standing commercial relationships across other commodities.”
“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 compliance, and we look forward to applying our physical trading expertise and market access in support of a Ghanaian-owned operation of this quality.”
ENDS
For further information please contact:
Trafigura’s Press Office: +41 (0) 22 592 4528 or media@trafigura.com
About Trafigura
Trafigura is a leading commodities group, owned by its employees and founded over 30 years ago. At the heart of global supply, Trafigura connects vital resources to power and build the world. We deploy infrastructure, market expertise and our worldwide logistics network to move oil and petroleum products, metals and minerals, gas and power from where they are produced to where they are needed, forming strong relationships that make supply chains more efficient, secure and sustainable. We invest in renewable energy projects and technologies to facilitate the transition to a low-carbon economy, including through MorGen Energy and joint venture Nala Renewables.
The Trafigura Group also comprises industrial assets and operating businesses including multi-metals producer Nyrstar, fuel storage and distribution company Puma Energy, the Impala Terminals joint venture and Greenergy, supplier and distributor of transportation fuels and biofuels. The Group employs approximately 14,500 people, of which over 1,400 are shareholders, and operates in over 150 countries.
Visit: www.trafigura.com
About Heath Goldfields Ltd.
Heath Goldfields Ltd. is a proudly Ghanaian-owned gold mining company focused on the responsible redevelopment of the Bogoso–Prestea Gold Mine. With deep technical expertise and a commitment to sustainable, community-centred operations, the company is repositioning the asset as a modern, globally competitive mining operation. Heath Goldfields combines indigenous ownership, local workforce development, and Ghanaian entrepreneurship with international best practices in safety, environmental compliance, and stakeholder engagement.
Visit: www.heathgoldfields.com