Alternative Financing Mechanisms for Artisanal Mining Development

One of the principal expected results of the PRADD program is an increase in the opportunities for land and property rights holders in target areas to benefit more directly from the fair market value of diamonds. Pilot program stakeholders have identified mine financing as a major issue at both production and collection levels
of the value chain. Collectors currently provide the most common source of financing for artisanal miners and this financing is typically linked to purchase agreements.