{"id":474710,"date":"2026-06-13T02:36:08","date_gmt":"2026-06-13T02:36:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/474710\/"},"modified":"2026-06-13T02:36:08","modified_gmt":"2026-06-13T02:36:08","slug":"a-new-uk-backed-gold-deal-could-help-formalise-one-of-africas-largest-artisanal-mining-sectors","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/474710\/","title":{"rendered":"A new UK-backed gold deal could help formalise one of Africa&#8217;s largest artisanal mining sectors"},"content":{"rendered":"<p>&#13;<br \/>\n        SigraFi Ltd announced it has entered into a partnership with PeaceGold Trading Company Ltd, establishing a framework for the supply of fully traceable gold dor\u00e9 sourced from cooperative-based artisanal miners in Ituri Province.&#13;\n    <\/p>\n<p>&#13;<br \/>\n        The agreement builds on PeaceGold&#8217;s long-running efforts to formalise artisanal gold production in eastern Congo, where much of the sector has historically operated outside regulated international markets.&#13;\n    <\/p>\n<p>&#13;<br \/>\n        Under the arrangement, SigraFi will provide structured working capital and refinery-delivery support in exchange for contracted future gold deliveries.&#13;\n    <\/p>\n<p>&#13;<br \/>\n        The company said the financing model is designed to help mining cooperatives access compliant export channels, improve pricing transparency, and connect with accredited international refineries.&#13;\n    <\/p>\n<p>&#13;<br \/>\n                                            &#13;<br \/>\n                                            &#13;<br \/>\n                                            &#13;<br \/>\n                                                &#13;<br \/>\n                                                    &#13;<br \/>\n                                                    &#13;<br \/>\n                                                    &#13;<br \/>\n    &#13;<br \/>\n    &#13;<br \/>\n    &#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n    &#13;<br \/>\n    &#13;<br \/>\n&#13;<br \/>\n    &#13;<br \/>\n&#13;<br \/>\n    &#13;<br \/>\n        New financing model targets eastern Congo&#8217;s artisanal gold sector&#13;<br \/>\n    &#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n                                                &#13;<br \/>\n                                            &#13;\n                                        <\/p>\n<p>                &#13;<br \/>\n                &#13;<br \/>\n                    &#13;<br \/>\n                        &#13;<br \/>\n                    &#13;<br \/>\n&#13;<br \/>\n                    <img width=\"790\" height=\"592\" alt=\"The partnership will provide working capital and support to mining cooperatives, improving access to compliant export channels and international refineries.\" title=\"The partnership will provide working capital and support to mining cooperatives, improving access to compliant export channels and international refineries.\" class=\"image lazyloaded imgWithMetaData\" src=\"data:image\/svg+xml;charset=utf8,%3Csvg%20xmlns%3D'http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg'%20width%3D'790'%20height%3D'592'%20data-ring-placeholder%3D'1'%3E%3C%2Fsvg%3E\" data-original=\"https:\/\/ocdn.eu\/pulscms-transforms\/1\/El3ktkuTURBXy84OGI2MzJlNi03ZTY1LTRkMDUtYjQ1Ni0wNTllZThhMzdiZWUuanBlZ5KVAwAAzQiuzQaBlQLNAxbNAlDCww\" fetchpriority=\"low\" decoding=\"async\" loading=\"lazy\"\/> &#13;<\/p>\n<p>&#13;<br \/>\n        Founded by Greg Valerio MBE in collaboration with peacebuilding organisations including Peace Direct and Centre R\u00e9solution Conflits, PeaceGold has spent more than a decade working with mining communities to legalise operations, reduce mercury use in gold processing, and establish responsible export pathways.&#13;\n    <\/p>\n<p>&#13;<br \/>\n        The latest agreement represents a commercial milestone for the initiative, which earlier outlined plans to begin formal gold exports despite persistent insecurity in eastern Congo.&#13;\n    <\/p>\n<p>&#13;<br \/>\n        &#8220;Everyone knows the potential within the artisanal and small-scale gold sector, but producers are often constrained by limited access to compliant export channels, refinery relationships, and appropriately structured financing,&#8221; said Zara Shirwan, co-founder and director of strategy at SigraFi.&#13;\n    <\/p>\n<p>&#13;<br \/>\n        According to industry estimates, artisanal and small-scale mining accounts for around 20% of global gold production and supports more than 15 million livelihoods worldwide.&#13;\n    <\/p>\n<p>&#13;<br \/>\n        In the DRC alone, an estimated two million artisanal miners participate in gold production.&#13;\n    <\/p>\n<p>&#13;<br \/>\n        SigraFi said the PeaceGold partnership forms part of a broader strategy to develop responsible sourcing and growth-capital partnerships with artisanal mining operations across Africa and Latin America, as demand grows for traceable and ethically sourced minerals in global supply chains.&#13;\n    <\/p>\n","protected":false},"excerpt":{"rendered":"&#13; SigraFi Ltd announced it has entered into a partnership with PeaceGold Trading Company Ltd, establishing a framework&hellip;\n","protected":false},"author":2,"featured_media":474711,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[138,219,111,139,69],"class_list":["post-474710","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-new-zealand","tag-newzealand","tag-nz"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/474710","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=474710"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/474710\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/474711"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=474710"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=474710"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=474710"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}