FINANCIAL SOLUTIONS

BG Financial Solutions was formed as a special purpose company with an objective to provide bespoke financial solutions in respect of financial provision and mine rehabilitation guarantees to prospecting or mining right holders in the South African mining sector.

BG Financial Solutions is a majority black-owned firm formed by BG Global (Pty) Limited, a diversified, majority black-owned international investment firm headquartered in Johannesburg and an accredited Momentum Financial Advisory Practice.

Our firm, through its link with Momentum, specializes in the arrangement, monitoring and optimization of Mine Rehabilitation Solutions to provide rehabilitation guarantees to the Africa Commodity sectors. These solutions seek to provide guarantees for greenfield to mature mining projects by assessing and matching the legal requirements for financial provision from the Department of Mineral Resources & Energy to the actual Life of Mine cycles of the projects.

Legislation requires that all mining operations within South Africa must make financial provision to guarantee the availability of sufficient funds to undertake rehabilitation and remediation of the adverse environmental impacts of mining activities both during the life of the mine and at closure.

Our firm would arrange credible guarantees through accredited well known Insurance companies in South Africa and put appropriate funding mechanisms in place for financial backing of the rehabilitation requirements for such projects.