Trafigura Secures 700k Oz Gold Offtake and $65M Financing Deal with Ghana's Heath Goldfields
Trafigura has agreed to purchase 700,000 ounces of gold doré from Ghana’s Heath Goldfields and provide $65 million in debt to restart oxide ore operations at the Bogoso-Prestea mine. The arrangement, expected to begin deliveries later this year, underscores Trafigura’s continued expansion into precious‑metal trading after entering the gold and silver doré market in 2025.
Trafigura has agreed to purchase 700,000 ounces of gold doré from Ghana’s Heath Goldfields and provide $65 million in debt to restart oxide ore operations at the Bogoso-Prestea mine. The arrangement, expected to begin deliveries later this year, underscores Trafigura’s continued expansion into precious‑metal trading after entering the gold and silver doré market in 2025.
The deal will increase the supply of gold doré to refineries, potentially easing short‑term pressure on gold prices. It does not directly affect the supply or pricing of platinum, palladium, rhodium, copper, aluminum or iron/steel.