Capital for the step to production
We focus on plant, equipment, construction, production start-up, and working capital when conventional debt is unavailable or raising equity would require giving up too much ownership.
Goldwheel Trading AG · Baar, Switzerland
Capital to produce.
A buyer for what follows.
GoldWheel advances US$5m to US$100m to selected gold, copper, lead, and silver producers. In return, we agree to buy a defined share of future output. You keep the asset.
For producers with a defined deposit, an experienced team, and a credible route to first production
Discuss production financeAdvance sizeUS$5m – US$100m
MetalsAu · Cu · Pb · Ag
StructureAdvance + agreed offtake
GeographyProjects across Africa
Our focus
Projects we consider.
We review gold, copper, lead, and silver projects that can answer five questions clearly: what will be produced, how production will start, who will deliver it, what the advance will fund, and where the project sits.
See the full criteria- Gold, copper, lead, or silverA physical product whose form, specification, and market route can be assessed.
- Defined depositTechnical work supporting expected grade, volume, and output.
- Production planAn experienced team, a workable permitting path, and a delivery timetable.
- Specific use of fundsCapital for plant, equipment, construction, production start-up, or working capital.
- JurisdictionAcross Africa, including Zimbabwe, Namibia, Botswana, the DRC, Ghana, and South Africa.
We do not fund exploration or drilling programmes, and we do not take equity or board seats. If you are still proving the resource, we are the wrong call. Come back when you know what you can produce.
What we do
The advance comes first. The metal follows.
GoldWheel provides capital before first production. If a project is approved, we agree the advance and the purchase of future metal together. The producer retains the asset and delivers the agreed share of production at the price and on the schedule set out in the contract.
How the model worksWhy GoldWheel
Physical-market discipline. Producer-minded terms.
GoldWheel is a Swiss trading company rather than a generalist lender. We assess the operating plan and the route to market together, so the structure starts with what the project can produce and deliver.
Our return comes from the metal itself. That aligns the advance with production milestones and lets us agree terms around product quality, pricing, logistics, and delivery, without a transfer of ownership or a board seat.
Production finance
Capital should not be the reason a strong project stands still.
GoldWheel considers advances from US$5m to US$100m. Each one is tied to an agreed purchase of future production and sized against a documented use of funds rather than your balance sheet.
A clear review process
We assess the project, operating plan, company ownership, sanctions and compliance checks, and supporting documents. Complete information produces a faster answer.
Key terms before commitment
We address the funding amount, how the metal will be priced, delivery obligations, timetable, and key risks before either side signs the final contracts.
How we assess a project
- Initial review
- Project & company review
- Terms & final contracts
- Internal funding decision
Illustrative example
What an advance looks like in practice.
A hypothetical case, invented to show the mechanics. Our agreements are confidential, so this is not a past or present GoldWheel transaction and every figure below is made up. Real terms are set project by project.
The situation
A producer holds a defined oxide gold deposit with a completed feasibility study and a granted mining licence. It needs US$12m: US$8m for the crushing and leach circuit, US$4m of working capital to carry the crew through to first pour eleven months out.
The structure
GoldWheel advances the US$12m in drawdowns tied to construction milestones. The producer commits its gold output to GoldWheel under an offtake running to the end of the mine life, priced against the LBMA fix less an agreed discount, delivered to a refinery both sides accept.
The outcome
The producer keeps 100% of the licence and the company. No equity is issued and no board seat changes hands. The advance is recovered from metal deliveries. If output slips, the contract sets out in advance what happens rather than leaving it to a renegotiation.
How we work
Clear inputs. Clear decisions.
Built from the operating plan
We begin with grade, output, logistics, power, permits, team capability, and the timetable to first delivery.
Key risks addressed early
Market, operating, country, legal, and company risks inform both the decision and the terms. We prefer an early no to a late renegotiation.
Swiss registration details
Goldwheel Trading AG is registered in Baar, Canton Zug, under CHE-434.589.662. Our Governance page lists the registered name, number, office, and address.
Start here
Start with the essentials.
For an initial review, tell us the metal, country, current project stage, amount requested, and what the funds will pay for.
Financing is considered case by case and requires project and company review, GoldWheel approval, and signed final contracts. This site is not an offer, solicitation, or investment recommendation.