Trafigura signs gold offtake pact with Ghana's Bogoso-Prestea mine

From miningweekly.com

Global commodity trading firm Trafigura said on Thursday it had signed an offtake deal with Heath Goldfields, a Ghana-owned mining company, to buy 700 000 oz of gold dore from the Bogoso–Prestea mine in western Ghana. "Alongside the offtake, Trafigura is providing $65-million in debt financing to support the restart of the mine's oxide ore operations," Trafigura said in a statement. Trafigura said that under the agreement it will act as an offtaker for gold dore (a semi-processed gold product) generated at the Bogoso-Prestea processing facility, with deliveries expected to start later this year. Heath Goldfields ... (full story)