Component 2 efforts in achieving the objectives of the GOLD-ISMIA Project, especially the establishment of a financing system for the provision of loans in the context of purchasing gold processing equipment without mercury, have been carried out in accordance with the references contained in the Project Document and also based on the results of previous studies on the conditions of access to financing for ASGM from Financial Services. Barriers and obstacles faced in achieving these goals, especially related to the output target of the realization of the financing program from financial services for ASGM to have mercury-free gold processing
The potential gold reserves at Boliyohuto Mountain (2,065m), located in Hulawa Vilage, Sumalata Timur District, North Gorontalo Regency has attracted legal and illegal mining attention for over 150 years. Local miners first exploited the resource in 1865 and then in 1885 the Bauermann family from the Netherlands began mining operations. In 1896, a mining permit was granted by the Dutch Government to NV. Mijnbouw Maatschappij “Soemalata”.
Gender analysis is the study of the different roles of women and men in order to understand what they do, what resources they have, and what their needs and priorities . GOLD-ISMIA uses gender analysis to address differentiated access to and control over resources and decision making within six ASGM locations
It is estimated that the number of women involved in Artisanal Small-scale Gold Mining (ASGM ) is very large, but there is very little explanation of women's involvement and experiences. Unfortunately, formal data are also not found from official agencies from the village level and above. This lack of recognition is also due to stereotypes that consider mining as a masculine and gender-neutral area.
GOLD ISMIA’s goal is to reduce mercury (Hg) use in ASGM by 15 ton in 3 years working together with GOLD ISMIA’s and BPPT to lead the assessment and implementation of technology that will allow Indonesian ASGM miners to transition to mercury-free technology through provision of technical assistance, technology transfer and support for formalization.
One of the most significant barriers to the development of a responsible ASGM sector is access to finance. Finance entities including banks, microfinance institutions, and other lenders do not commonly provide loans/credit/financing to the ASGM sector as the risks are often perceived to be too high and such entities do not have the expertise and experience to review ASGM loan applications or develop financial products that are tailored to the ASGM sector. On the other hand, miners’ cooperatives and organizations do not have much experience in record keeping and reporting or the preparation of loan applications, which can increase their access
Gold market prices have increased during the COVID-19 pandemic, but there is no indication that artisanal and small-scale gold miners gain much profits from the increase due to the challenges posed by the pandemic.
Access to finance is one of the most significant and pernicious barriers of the ASGM sector. Miners’ cooperatives and organizations need investment to fund their mining operations, but do not have the requisite capacity and experience to access conventional financing options. From the lending perspective, finance entities (banks, microfinance institutions, and other lenders) do not commonly provide loans to the ASGM sector as the risks are often perceived to be too high. The risk status of the ASGM sector relates to the lack of legal status of mining operations and inconsistency in gold production. Traditional finance entities do not have the
As at 1st April 2020 there were no reported COVID-19 cases in any of GOLD-ISMIA’s ASGM mining communities.
GOLD-ISMIA’s field facilitators surveyed 50 respondents across six project locations to assess miner awareness of COVID-19, and the impact of the virus on their mining activities.
case studies illustrates that technology solutions for ASGM suffer from a lack of adoption by artisanal and small-scale miners. The challenges include a lack of knowledge by the miners, lack of capital for new technology, and a lack of trust that the new solution delivers the promised results. These insight are an important lessons for the range of efforts and approach on the part of governments, international organizations, and civil society organizations, to promote the use of clean and efficient technology for ASGM. In addition, any effort and approach to change the alternative technological set-up for ASGM needs to consider how it may
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