The planetGOLD Knowledge Repository
86 items found for Access to Finance Options for Artisanal and Small-Scale Mining
Abby Efua Hilson; Gavin Hilson - for planetGOLD English
This report reviews past experiences with delivering financial and allied services to artisanal and small-scale mining and makes recommendations regarding best practices and potential ways forward in improving access to finance based on this experience.
This issue brief reviews past experiences with delivering financial and allied services to the artisanal and small-scale gold mining (ASGM) sector and examines existing barriers to attracting formal finance and investment in the sector. It concludes with recommended interventions for governments, donors and other allies to help improve ASGM’s access to formal finance in the future.
Access to Finance for Artisanal and Small-Scale Miners: Downstream Buyer Support For Women Miners in Indonesia
Witni, V., Paul, B., Nijhawan, A. English
This case study covers the application of a downstream buyer support model to support a collective of women panners called “Pamuan Jaya Panners” in the village. Through facilitated partnerships with the local village government and a socially responsible jewelry company based in Bali, Yayasan Tambuhak Sinta has helped develop access to finance model that continues to support 25 women miners in Tewang Pajangan. This case study will provide local context and existing challenges at the village level, in addition to analyzing the development, implementation, and results of the model. The case study concludes with lessons learned and suggestions for scaling this model in other areas of Indonesia.
Caven, Sarah; Carter, Assheton; Bowie, Ed - for planetGOLD English
This report seeks to assist ASGM programs in accessing finance by better understanding the perspective of investors and the implications of ASGM’s status as a frontier investment sector. It reviews barriers to finance, but, importantly, also discusses how ASGM may become a new investment sector as these barriers are progressively dismantled.
Rachel Brass and Rosanna Tufo English
Levin Sources reports on eight key findings to facilitate access to international gold markets for artisanal gold miners in Eastern DRC as part of the USAID-funded Commercially Viable Conflict-Free Gold (CVCFG) project lead by Global Communities.
State Gold-Buying Programmes: Effective instruments to reform the artisanal and small-scale gold mining sector?
RCS Global English
Can state gold-buying programmes (SGBPs) be an effective tool for governments – to not only bolster state financial reserves, but also to reform the sector, raising its standards and improving its environmental and social outcomes? And can these programmes operate in countries that often lack institutional capacity, infrastructure and stability? This paper analyses case studies in five countries, drawing out the challenges and potential factors for success in developing an effective SGBP.
World Bank PACT English
This presentation explores potential risks to the health of ASM communities presented by the pandemic including access to adequate healthcare and delivery of preventative health services. In addition findings on the impact of the pandemic on men and women were explored, highlighting the disproportionate negative impact of food security experienced by women.
A Rapid Assessment of Gold and Financial Flows linked to Artisanal and Small-Scale Gold Mining in the Philippines: Follow the Money Philippines
Global Initiative against Transnational Organized Crime Levin Sources English
Levin Sources and the Global Initiative against Transnational Organized Crime produced two case studies identifying financial flows-both licit and illicit- in Mongolian and Filipino ASGM sectors. This report, focusing on The Philippines, provides a nuanced first-look at how stakeholders can better understand and respond to the role gold supply chains and financial flows play in formalization efforts.
Health responses to COVID-19 in the Artisanal and Small-Scale Gold Mining sector: Mitigating the risk of infiltration, spread and severity
Mareike Kroll and Kevin Telmer English
The looming third wave of the COVID-19 pandemic is likely to have devastating impacts in many countries in the Global South, with far worse health outcomes and economic implications. While formal and informal income sources in LMICs are collapsing, the ASGM sector offers a rare and desperately needed income opportunity due to the stable or rising international gold price. At the same time, artisanal mining communities can be considered as most-affected and at-risk group according to the UN Global Humanitarian Response Plan COVID-19.
Pulling at golden webs: Combating criminal consortia in the African artisanal and small-scale gold mining and trade sector
Marcena Hunter English
This report seeks to unpack how criminal consortia manipulate ASGM and associated gold flows to secure illicit rents and capture the sector. The findings highlight the need for nuance, especially regarding the role of informal and traditional actors in the sector. Through a more holistic understanding of the challenge, policymakers will better be able to identify and combat criminal consortia in ASGM.