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

AI desk brief

SigraFi secured a $35m credit facility from a consortium led by UAE-based Ronin Commercial Brokers to finance gold offtake from organised artisanal and small-scale mining cooperatives across the DRC, Zambia and South America. The model, already operating with PeaceGold in eastern DRC across 11 cooperatives and about 25,000 miners, uses multi-year contracts and guaranteed “competitive” pricing to channel traceable, compliant supply to institutional refiners.

The piece argues ASGM supplies roughly 20% of newly mined gold, so structured finance into these supply chains could become a meaningful source of ESG-screened doré for buyers that want compliant ounces without competing with large miners. It also suggests more formal capital behind ASGM may pressure informal traders in Ituri as cooperatives migrate into regulated export channels.