RiverRoc Industries works with host country Governments to build centers of excellence and innovation with respect to artisanal mining, value-added product processing, and commodity trading. This ambitious impact investment is achieved through the provision of modern small-scale mining equipment to enhance safety, work output, and product production. We establish advanced technology service centers in mining communities to facilitate “on-the-spot” mineral testing and product processing, and to increase the value of the minerals. RiverRoc Industries works with local banks to establish banking services in or near the mining communities to facilitate timely and direct payments to miners. Specifically, RiverRoc Industries works with federal and local governments, and indigenous cooperatives to modernize the artisanal mining sector. We provide expert advisory services, which includes technical and financial support to address concerns that quite often hinder small-scale miners’ access to international markets, and their ability to obtain a fair market price for their commodities.

Chief Concerns

• Traceability and transparency (addressed through blockchain technology) accountability and liquidity (through the establishment of buying centers, which could potentially be consolidated into a commodity exchange).
• Provision of protective gear and appropriate mining equipment for safety and increasing product output.
• Capacity training and capacity building for sound management practices and business sustainability.
• Access to operating capital (through micro-credit financing).
• Improved living standards and livelihoods (through establishment of well-equipped and staffed health clinics and schools).
• Combating child labor that deprives the youth of their childhoods, and a country of its future intellectual capacity (addressed by the provision of alternative opportunities through impact investments, and the establishment of a social security fund for elderly and disabled primary caregivers). The fund provides needed life-sustaining resources to caregivers, and therefore, children are allowed to be returned to the classroom.