Mining Guarantees Africa

Comprehensive mining guarantee solutions for Africa and beyond. Our mining guarantees give mining companies the security to meet obligations without locking away critical capital.

  • Meet regulatory requirements from day one
  • Free up cash flow and bank credit lines
  • Free credit and support long-term sustainability

The problem mines face

Upfront Costs
Mines are required to make upfront financial provision for rehabilitation before operations begin.
Liquidity Tied Up
Traditional options — cash deposits or trusts — tie up liquidity and limit growth.
Credit Lines Consumed
The issuance of rehabilitation guarantees via banking facilities consumes valuable credit lines.
ESG Pressures
Mounting ESG pressures have restricted financial capacity and support for mines, particularly those involved in certain commodities.
Limited Solutions
Many competitors tend to focus on a narrow range of products, which may not provide the broader solutions or extensive geographic reach that our clients need.

Mining bonds & environmental solutions

Mining Rehabilitation Guarantees – via either a Guarantee Facility or a Multiyear Mining Rehabilitation Policy (MYMRP).
Commodity Advance Payment Guarantees – enabling mines to secure alternative funding from commodity traders.
Payment Guarantees – including Eskom, Transnet Freight Rail, and Fuel Guarantees.
Renewable Energy Guarantees – for grid connections, wheeling, decommissioning, and purchase agreements.
Trade Credit Insurance – via our trade credit division, protecting receivables against default.

How Credeq unlocks mining potential

We offer a comprehensive suite of mining related guarantees, that go beyond rehabilitation — we deliver a one-stop guarantee solution for the mining sector.

Key benefits

Regulatory compliance on day one – without locking away major capital.
Liquidity preserved – free up credit lines with banking institutions.
Flexibility – facilities structured around production, risk profile, and life-of-mine.
Global reach – accepted across South Africa, the Nordics, Spain, Australia, and other markets where our guarantees are recognised.
Backed by strength – supported by A-rated (or better) international reinsurers.

Who gains from mining guarantees

Mining
companies

That want to comply with legislative requirements whilst managing capital efficiently.

Department of minerals & petroleum resources

As the ultimate beneficiary of our guarantee to ensure mining companies comply with their rehabilitation obligations.

Mining
environment

As our mine rehabilitation guarantees fundamentally are for the protection of the environment after mining activities end.

Mining brokers
or direct clients

Looking for a one-stop shop of multiple solutions that serves their goals and grows their businesses.

Myths about mining guarantees

"Insurance guarantees aren’t accepted in Africa."
Credeq offers bank-fronted and insurer-backed options to ensure acceptance across jurisdictions.
"Rehabilitation guarantees tie up cash."
Our Guarantee Facility and MYMRP structures align with mine cash flows, freeing liquidity.
"Only large mines benefit."
We work with mid-tier and smaller mining companies (requirements typically above R10 million).
"Insurance guarantees are risky."
No rehabilitation guarantee issued via Lombard has ever been called by the DMPR without due process.

Backed by
Lombard Insurance Company Limited

Credeq Africa (Pty) Ltd is an Authorised Financial Services Provider (FSP 54862) underwritten by Lombard Insurance Company Limited an Authorised Financial Services Provider (FSP 1596) and insurer conducting non-life insurance business.

Credeq

Speak to our specialist
mining underwriters

Explore tailored guarantee solutions that support your project’s compliance, cash flow, and long-term sustainability.
Hannes Prinsloo
Mining Rehabilitation Guarantees
Hannes Prinsloo
Jeff Delpêche
Mining Rehabilitation Guarantees
Jeff Delpêche
Juanita Putter
Mining Guarantees
Juanita Putter
Oratile Rakgogo
Mining Rehabilitation Guarantees
Oratile Rakgogo

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Discover our full range of guarantee & trade credit solutions

Credeq Africa partners with brokers and businesses across sectors.
Explore our other underwriting solutions designed to deliver compliance and credit confidence across Africa.

Unlocking credit the world needs