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    SigraFi’s $35m ASGM facility: supply chain and risk notes for gold project teams

    October 9, 2026|

    Reviewed by Tom Sullivan

    SigraFi’s $35m ASGM facility: supply chain and risk notes for gold project teams

    First reported on MINING.com

    30 Second Briefing

    SigraFi has secured a $35 million credit facility from a consortium led by UAE-based Ronin Commercial Brokers to finance gold offtake from organised artisanal and small-scale gold mining cooperatives in the DRC, Zambia and South America. The company already works with PeaceGold in eastern DRC, covering 11 cooperatives and about 25,000 miners in Ituri Province, using multi-year contracts and guaranteed offtake at competitive prices. The model targets ASGM’s roughly 20% share of global newly mined gold by providing traceable, compliant supply to institutional refiners previously reliant on informal channels.

    Technical Brief

    • Credit facility is supplied by a British–UAE investor consortium led by Ronin Commercial Brokers LLC.
    • Facility capital is earmarked to scale existing DRC, Zambian and South American offtake, plus onboard new cooperatives.
    • PeaceGold, founded in 2013 with the Conflict Resolution Center, functions as aggregator and export partner.
    • PeaceGold’s mandate includes formalising artisanal mining and reintegrating ex-combatants into regulated gold production.
    • SigraFi’s guaranteed offtake at “competitive pricing” is structured to increase cooperatives’ realised share of gold value.
    • Organised ASGM producers are constrained by limited compliance capacity, blocking access to mainstream export corridors and offtakers.
    • SigraFi positions its model as closing the “Golden Gap” between ASGM output and institutional buyers.
    • World Gold Council data cited: global mined output expected to plateau while ASGM already supplies ≥20% of new gold.

    Our Take

    The earlier 11 June 2026 piece on PeaceGold Trading and SigraFi highlighted long-term offtake-style arrangements from Ituri cooperatives, so this new $35m facility effectively underpins that model with balance-sheet capacity rather than purely transactional buying.

    With artisanal and small-scale gold mining accounting for roughly 20% of newly mined gold in our database coverage, structured finance into DRC- and Zambia-linked supply chains gives institutional buyers a way to secure ESG-screened ounces without competing head-on with majors in jurisdictions like Ontario and Sudbury.

    The involvement of the World Gold Council alongside entities such as Ronin Commercial Brokers LLC and UAE-based actors signals that traceable ASGM doré is moving from NGO-led pilots into a financeable asset class, which could pressure informal traders in Ituri Province as more cooperatives seek compliant export channels.

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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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