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    PeaceGold–SigraFi artisanal gold deal: structuring notes for ESG and mine planners

    June 12, 2026|

    Reviewed by Joe Ashwell

    PeaceGold–SigraFi artisanal gold deal: structuring notes for ESG and mine planners

    First reported on MINING.com

    30 Second Briefing

    PeaceGold Trading and UK-headquartered SigraFi have signed a long-term supply and growth-capital deal covering fully traceable artisanal gold doré from cooperative-based producers in Ituri province, eastern DRC. The partnership currently links SigraFi’s compliant sourcing, logistics and refinery-access platform to about 11 mining cooperatives representing nearly 25,000 miners and support workers, with a revolving working capital facility tied to future gold deliveries. For mine planners and ESG teams, the structure offers a template for financing mercury-reduction, legalisation and export-compliance upgrades in artisanal supply chains.

    Technical Brief

    • SigraFi’s role covers compliant sourcing, logistics coordination and refinery-delivery support into accredited international refiners.
    • PeaceGold has operated since 2013 with Centre Résolution Conflits to formalise artisanal mining activity.
    • Around 11 mining cooperatives in Ituri are currently engaged, involving nearly 25,000 miners and support workers.
    • PeaceGold collaborates with UK charity Peace Direct to legalise operations and build compliant export pathways from eastern DRC.
    • Mercury-use reduction in gold processing is a stated technical objective alongside legalisation and export-compliance upgrades.
    • The framework is designed to improve pricing transparency for community-based producers via direct refinery-linked offtake.
    • Artisanal and small-scale mining now supplies ~20% of global gold output, valued near US$100 billion annually.

    Our Take

    With artisanal and small-scale mining now estimated at about US$100 billion a year and 20% of global gold output, a structured offtake like this gives downstream refiners and traders a rare opportunity to secure traceable ASM supply at meaningful scale rather than treating it as marginal or informal feedstock.

    The focus on eastern DRC’s Ituri cooperatives positions PeaceGold and SigraFi in one of the more complex ESG jurisdictions in our mining database, which typically translates into higher due-diligence and assurance costs but also into stronger differentiation for buyers needing demonstrably conflict-free African gold.

    Gold dominates our sustainability-tagged mining coverage, and this kind of ASM-focused offtake suggests responsible sourcing frameworks are moving beyond large industrial mines towards formalising supply from the 15 million people whose livelihoods depend on small-scale operations.

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    Prepared by collating external sources, AI-assisted tools, and Geomechanics.io’s proprietary mining database, then reviewed for technical accuracy & edited by our geotechnical team.

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