{
 "name": "Afrimintel DFI pipeline classification",
 "feed_version": "1.1.0",
 "dataset_version": "v2.53.0",
 "as_of": "2026-06-30",
 "note": "Repoints the platform around DFI financeability. PIPELINE = development/construction-stage assets that could be financed by a DFI (a feasibility study exists or construction is underway, pre- or early-production, seeking/using capital). COMPARABLE = producing mines (not financeable by a DFI; retained as economic comparables). EXCLUDED = ownership contested/in arbitration. CORRECTION 2026-06-25: 4 assets (Abujar, Goulamina, Namdini, Kiniero) reclassified PIPELINE→COMPARABLE on confirming they are already in production. Stage is now production-status-based, not NPV-presence-based.",
 "classification": {
  "snim-zouerate": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class — reference comparable (built/operating-class asset, not a development-finance candidate); live production/ownership status not individually re-verified this pass"
  },
  "otjikoto": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class — reference comparable (built/operating-class asset, not a development-finance candidate); live production/ownership status not individually re-verified this pass"
  },
  "bisha": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class — verified producing + expanding 2025-26 (Hambok/Asheli); reference comparable, not a development-finance candidate"
  },
  "seguela": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class — reference comparable (built/operating-class asset, not a development-finance candidate); live production/ownership status not individually re-verified this pass"
  },
  "mponeng": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class — reference comparable (built/operating-class asset, not a development-finance candidate); live production/ownership status not individually re-verified this pass"
  },
  "motheo": {
   "dfi_stage": "producer",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class (since 2023); 5.2 Mtpa A4 expansion ramped 2025"
  },
  "sierra-rutile": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class; Sierra Leone fiscal-regime dispute disrupted the main Area 1 site (~10-week 2024 suspension; Area 1 may remain on hold pending tax-rate resolution, focus shifting to the Sembehun development); ownership changed to Leonoil (ASX-delisted Oct 2024) — reference comparable, not a development-finance candidate; disrupted"
  },
  "akyem": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class — reference comparable (built/operating-class asset, not a development-finance candidate); live production/ownership status not individually re-verified this pass"
  },
  "ambatovy": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class; suspended Feb 2026 after Cyclone Gezani damaged the Toamasina plant, recommissioning from May 2026 (first acid plant restarted 23 May; ramping back to run-rate); prior 2024 debt restructuring — reference comparable, not a development-finance candidate; disrupted"
  },
  "sishen": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class — reference comparable (built/operating-class asset, not a development-finance candidate); live production/ownership status not individually re-verified this pass"
  },
  "moma": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class — reference comparable (built/operating-class asset, not a development-finance candidate); live production/ownership status not individually re-verified this pass"
  },
  "songwe-hill": {
   "dfi_stage": "development",
   "dfi_relevance": "REVIEW",
   "stage_note": "REE/NdPr (Mkango) — DFS-stage — REVIEW: pipeline-eligible by stage, pending funding/DFI-relevance verification before PIPELINE promotion"
  },
  "namdini": {
   "dfi_stage": "producer",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class (commenced — reclassified from pipeline 2026-06-25; DFS NPV persists post-production and is not a pre-FID signal)"
  },
  "mana": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class — reference comparable (built/operating-class asset, not a development-finance candidate); live production/ownership status not individually re-verified this pass"
  },
  "tenke-fungurume": {
   "dfi_stage": "producer",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class (since 2009)"
  },
  "kibali": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class — reference comparable (built/operating-class asset, not a development-finance candidate); live production/ownership status not individually re-verified this pass"
  },
  "assafou": {
   "dfi_stage": "development",
   "dfi_relevance": "PIPELINE",
   "stage_note": "DFS (FID targeted; 24–30mo build)",
   "dfi_capital_need": "Low"
  },
  "yaoure": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class — reference comparable (built/operating-class asset, not a development-finance candidate); live production/ownership status not individually re-verified this pass"
  },
  "nyanzaga": {
   "dfi_stage": "construction",
   "dfi_relevance": "PIPELINE",
   "stage_note": "construction (first gold Jan 2027)",
   "dfi_capital_need": "Low"
  },
  "north-mara": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class — reference comparable (built/operating-class asset, not a development-finance candidate); live production/ownership status not individually re-verified this pass"
  },
  "husab": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class — reference comparable (built/operating-class asset, not a development-finance candidate); live production/ownership status not individually re-verified this pass"
  },
  "phalaborwa": {
   "dfi_stage": "development",
   "dfi_relevance": "REVIEW",
   "stage_note": "REE NdPr+HREE (Rainbow Rare Earths) — DFS 2026 pending; NOT the operating Foskor complex — REVIEW: pipeline-eligible by stage, pending funding/DFI-relevance verification before PIPELINE promotion"
  },
  "kinsevere": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class — reference comparable (built/operating-class asset, not a development-finance candidate); live production/ownership status not individually re-verified this pass"
  },
  "kone": {
   "dfi_stage": "construction",
   "dfi_relevance": "PIPELINE",
   "stage_note": "construction (first gold late Q4 2026)",
   "dfi_capital_need": "Moderate-High"
  },
  "kipushi": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class — reference comparable (built/operating-class asset, not a development-finance candidate); live production/ownership status not individually re-verified this pass"
  },
  "longonjo": {
   "dfi_stage": "construction",
   "dfi_relevance": "REVIEW",
   "stage_note": "REE/NdPr (Pensana) — construction, ~2027; ReElement/Vacuumschmelze offtake — REVIEW: pipeline-eligible by stage, pending funding/DFI-relevance verification before PIPELINE promotion",
   "control_financing": "Control: Pensana plc; Angola sovereign/local participation per project terms; US EXIM LOI up to US$160M + US$100M strategic equity + US DFC support; e-VAC US magnet offtake"
  },
  "sabodala-massawa": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class — reference comparable (built/operating-class asset, not a development-finance candidate); live production/ownership status not individually re-verified this pass"
  },
  "bibiani": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class — reference comparable (built/operating-class asset, not a development-finance candidate); live production/ownership status not individually re-verified this pass"
  },
  "chirano": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class — reference comparable (built/operating-class asset, not a development-finance candidate); live production/ownership status not individually re-verified this pass"
  },
  "obuasi": {
   "dfi_stage": "producer",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class (underground redevelopment in ramp-up)"
  },
  "bombore": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class — reference comparable (built/operating-class asset, not a development-finance candidate); live production/ownership status not individually re-verified this pass"
  },
  "south-deep": {
   "dfi_stage": "producer",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class (bulk mechanised underground)"
  },
  "somair-arlit": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class; Niger state takeover of Orano control 2024 — contested — reference comparable, not a development-finance candidate"
  },
  "moanda": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class — verified producing 2025 (world's largest manganese mine, ~7Mt ore 2025); reference comparable, not a development-finance candidate"
  },
  "abujar": {
   "dfi_stage": "producer",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class (commenced — reclassified from pipeline 2026-06-25; DFS NPV persists post-production and is not a pre-FID signal)"
  },
  "kansanshi": {
   "dfi_stage": "producer",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class (since 2005; S3 expansion commissioned 2025)"
  },
  "imiter": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class — reference comparable (built/operating-class asset, not a development-finance candidate); live production/ownership status not individually re-verified this pass"
  },
  "doropo": {
   "dfi_stage": "construction",
   "dfi_relevance": "PIPELINE",
   "stage_note": "construction (FID 2025; first gold ~2028)",
   "dfi_capital_need": "Low-Moderate"
  },
  "kurmuk": {
   "dfi_stage": "construction",
   "dfi_relevance": "PIPELINE",
   "stage_note": "construction/pre-commissioning (first gold mid-2026) — sponsor Allied Gold; Zijin Gold (China) acquisition pending (outside date 29 Jul 2026)",
   "dfi_capital_need": "Low-Moderate",
   "control_financing": "Control change pending — parent Allied Gold under Zijin takeover (outside date 29 Jul 2026; not closed)"
  },
  "arcadia": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class — reference comparable (built/operating-class asset, not a development-finance candidate); live production/ownership status not individually re-verified this pass"
  },
  "nimba-yekepa": {
   "dfi_stage": "development",
   "dfi_relevance": "REVIEW",
   "stage_note": "Fe (Liberia) — development — REVIEW: pipeline-eligible by stage, pending funding/DFI-relevance verification before PIPELINE promotion"
  },
  "ngualla-ree": {
   "dfi_stage": "development",
   "dfi_relevance": "PIPELINE",
   "stage_note": "development (BFS complete Oct 2022; pre-FID, financing/govt terms pend",
   "dfi_capital_need": "High",
   "control_financing": "Controlling shareholder: Shenghe Resources (100% of Peak; Tanzania 16% free-carried); offtake 100% Shenghe"
  },
  "tarkwa": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class — reference comparable (built/operating-class asset, not a development-finance candidate); live production/ownership status not individually re-verified this pass"
  },
  "williamson": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class — ownership transferred from Petra to Pink Diamonds / Taifa (completed May 2025); WDL liquidity-challenged — reference comparable, not a development-finance candidate; ownership-changed / disrupted"
  },
  "letseng": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class — reference comparable (built/operating-class asset, not a development-finance candidate); live production/ownership status not individually re-verified this pass"
  },
  "ewoyaa": {
   "dfi_stage": "development",
   "dfi_relevance": "PIPELINE",
   "stage_note": "development (feasibility study complete — Sourced NPV)",
   "dfi_capital_need": "High",
   "control_financing": "Control change pending — Huayou Cobalt to sole-fund development, replacing Elevra (~87% potential; not closed)"
  },
  "geita": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class — reference comparable (built/operating-class asset, not a development-finance candidate); live production/ownership status not individually re-verified this pass"
  },
  "simandou": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class — first ore + first sales achieved early 2026 (first shipments Jan 2026; first full SimFer cargo to China, sales Apr 2026), in multi-year ramp toward 60Mtpa SimFer / 120Mtpa combined (Morebaya ~2.2Mt May 2026); Rio Tinto / Chinalco / Winning Consortium / Baowu / Guinea-state mega-project, non-DFI — reference comparable, not a development-finance candidate",
   "control_financing": "Operator Rio Tinto in the SimFer JV (Rio + Chinalco + Guinea), southern blocks; WCS (China-led incl. Baowu) northern blocks; Guinea co-owns infrastructure; first SimFer sales to China Apr 2026"
  },
  "essakane": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class — reference comparable (built/operating-class asset, not a development-finance candidate); live production/ownership status not individually re-verified this pass"
  },
  "asanko": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class — reference comparable (built/operating-class asset, not a development-finance candidate); live production/ownership status not individually re-verified this pass"
  },
  "tharisa": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class — reference comparable (built/operating-class asset, not a development-finance candidate); live production/ownership status not individually re-verified this pass"
  },
  "ahafo": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class — reference comparable (built/operating-class asset, not a development-finance candidate); live production/ownership status not individually re-verified this pass"
  },
  "tongon": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class — reference comparable (built/operating-class asset, not a development-finance candidate); live production/ownership status not individually re-verified this pass"
  },
  "loulo-gounkoto": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class; Mali state dispute/suspension 2025 (Barrick) — disrupted — reference comparable, not a development-finance candidate"
  },
  "gara-djebilet": {
   "dfi_stage": "development",
   "dfi_relevance": "REVIEW",
   "stage_note": "Fe (Algeria, state) — development/early-ramp — REVIEW: pipeline-eligible by stage, pending funding/DFI-relevance verification before PIPELINE promotion"
  },
  "venetia": {
   "dfi_stage": "producer",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class (open-pit → underground transition, ramp-up to ~2028)"
  },
  "guelb-moghrein": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class — late-life (First Quantum); copper production ceasing Q2 2026, transitioning to gold-from-tailings/stockpile retreatment — reference comparable, not a development-finance candidate; winding down"
  },
  "molo": {
   "dfi_stage": "development",
   "dfi_relevance": "REVIEW",
   "stage_note": "graphite (NextSource) — early-production/ramp uncertain — REVIEW: pipeline-eligible by stage, pending funding/DFI-relevance verification before PIPELINE promotion"
  },
  "karowe": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class — reference comparable (built/operating-class asset, not a development-finance candidate); live production/ownership status not individually re-verified this pass"
  },
  "bulyanhulu": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class — reference comparable (built/operating-class asset, not a development-finance candidate); live production/ownership status not individually re-verified this pass"
  },
  "jwaneng": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class — reference comparable (built/operating-class asset, not a development-finance candidate); live production/ownership status not individually re-verified this pass"
  },
  "rossing": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class — reference comparable (built/operating-class asset, not a development-finance candidate); live production/ownership status not individually re-verified this pass"
  },
  "navachab": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class — reference comparable (built/operating-class asset, not a development-finance candidate); live production/ownership status not individually re-verified this pass"
  },
  "balama-graphite": {
   "dfi_stage": "producer",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class (restarted 2025 after 2024-25 force-majeure suspension)"
  },
  "siguiri": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class — reference comparable (built/operating-class asset, not a development-finance candidate); live production/ownership status not individually re-verified this pass"
  },
  "lofdal": {
   "dfi_stage": "development",
   "dfi_relevance": "REVIEW",
   "stage_note": "HREE Dy/Tb (Namibia Critical Metals + JOGMEC) — development — REVIEW: pipeline-eligible by stage, pending funding/DFI-relevance verification before PIPELINE promotion"
  },
  "wassa": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class — reference comparable (built/operating-class asset, not a development-finance candidate); live production/ownership status not individually re-verified this pass"
  },
  "sanbrado": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class — reference comparable (built/operating-class asset, not a development-finance candidate); live production/ownership status not individually re-verified this pass"
  },
  "kiniero": {
   "dfi_stage": "producer",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class (commenced — reclassified from pipeline 2026-06-25; DFS NPV persists post-production and is not a pre-FID signal)"
  },
  "kamoa-kakula": {
   "dfi_stage": "producer",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class (since 2021); smelter first anode Dec 2025"
  },
  "sadiola": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class — reference comparable (built/operating-class asset, not a development-finance candidate); live production/ownership status not individually re-verified this pass — sponsor Allied Gold; Zijin Gold (China) acquisition pending (outside date 29 Jul 2026)",
   "control_financing": "Control change pending — parent Allied Gold under Zijin takeover (not closed)"
  },
  "catoca": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class — reference comparable (built/operating-class asset, not a development-finance candidate); live production/ownership status not individually re-verified this pass"
  },
  "makuutu": {
   "dfi_stage": "development",
   "dfi_relevance": "REVIEW",
   "stage_note": "HREE ionic-clay (Ionic Rare Earths) — DFS-stage — REVIEW: pipeline-eligible by stage, pending funding/DFI-relevance verification before PIPELINE promotion"
  },
  "sukari-au": {
   "dfi_stage": "producer",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class (since 2009); open-pit + underground"
  },
  "mako": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class — reference comparable (built/operating-class asset, not a development-finance candidate); live production/ownership status not individually re-verified this pass"
  },
  "kiaka": {
   "dfi_stage": "construction",
   "dfi_relevance": "REVIEW",
   "stage_note": "Au build (West African Resources, corporate-funded), commissioning ~2025-26 — REVIEW: pending producing/funding verification"
  },
  "kola-potash": {
   "dfi_stage": "development",
   "dfi_relevance": "REVIEW",
   "stage_note": "MOP potash (Kore Potash) — DFS/pre-FID — REVIEW: pipeline-eligible by stage, pending funding/DFI-relevance verification before PIPELINE promotion"
  },
  "twin-hills": {
   "dfi_stage": "construction",
   "dfi_relevance": "PIPELINE",
   "stage_note": "construction (first gold ~2027)",
   "dfi_capital_need": "Low",
   "control_financing": "Controlling shareholder: Shanjin International (parent-funded)"
  },
  "kangankunde": {
   "dfi_stage": "construction",
   "dfi_relevance": "REVIEW",
   "stage_note": "REE/NdPr (Lindian) — FID Aug 2025, build, first prod ~end-2026 — REVIEW: pipeline-eligible by stage, pending funding/DFI-relevance verification before PIPELINE promotion",
   "control_financing": "Control: Lindian Resources (ASX-listed); offtake/financing not yet Sourced"
  },
  "goulamina": {
   "dfi_stage": "producer",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class (commenced — reclassified from pipeline 2026-06-25; DFS NPV persists post-production and is not a pre-FID signal)",
   "control_financing": "Ownership: Ganfeng Lithium 65% / Mali state 35% (2023 Code); Ganfeng bought out Leo Lithium (Jul 2025); output pre-sold to China"
  },
  "orapa": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class — reference comparable (built/operating-class asset, not a development-finance candidate); live production/ownership status not individually re-verified this pass"
  },
  "kabanga-ni": {
   "dfi_stage": "development",
   "dfi_relevance": "PIPELINE",
   "stage_note": "pre-FID (FS-TRS filed Jul 2025; FID targeted 2026)",
   "dfi_capital_need": "High",
   "control_financing": "Control: Lifezone Metals; Tanzania 16% free-carried; US DFC/EXIM/JOGMEC + SocGen-led package engaged"
  },
  "lumwana": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class — reference comparable (built/operating-class asset, not a development-finance candidate); live production/ownership status not individually re-verified this pass"
  },
  "vametco": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class; vanadium (Bushveld) — financial stress / C&M risk — reference comparable, not a development-finance candidate"
  },
  "epanko": {
   "dfi_stage": "development",
   "dfi_relevance": "REVIEW",
   "stage_note": "graphite (Tanzania) — development; EIB technical-assistance engagement noted — REVIEW: pipeline-eligible by stage, pending funding/DFI-relevance verification before PIPELINE promotion"
  },
  "hounde": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class — reference comparable (built/operating-class asset, not a development-finance candidate); live production/ownership status not individually re-verified this pass"
  },
  "sangaredi": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class — CBG bauxite (long-operating); reference comparable, not a development-finance candidate"
  },
  "iduapriem": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class — reference comparable (built/operating-class asset, not a development-finance candidate); live production/ownership status not individually re-verified this pass"
  },
  "mbalam-nabeba": {
   "dfi_stage": "development",
   "dfi_relevance": "REVIEW",
   "stage_note": "Fe (Cameroon/Congo) — development — REVIEW: pipeline-eligible by stage, pending funding/DFI-relevance verification before PIPELINE promotion"
  },
  "fekola": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class — reference comparable (built/operating-class asset, not a development-finance candidate); live production/ownership status not individually re-verified this pass"
  },
  "kalahari-manganese": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class — reference comparable (built/operating-class asset, not a development-finance candidate); live production/ownership status not individually re-verified this pass"
  },
  "frontier": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class — reference comparable (built/operating-class asset, not a development-finance candidate); live production/ownership status not individually re-verified this pass"
  },
  "colluli-potash": {
   "dfi_stage": "development",
   "dfi_relevance": "PIPELINE",
   "stage_note": "development (DFS complete 2015; pre-production)",
   "dfi_capital_need": "High"
  },
  "baomahun": {
   "dfi_stage": "construction",
   "dfi_relevance": "PIPELINE",
   "stage_note": "construction (financed 1 Dec 2025)",
   "dfi_capital_need": "Moderate"
  },
  "kokoseb": {
   "dfi_stage": "development",
   "dfi_relevance": "PIPELINE",
   "stage_note": "scoping study complete; DFS due H2 2026",
   "dfi_capital_need": "High"
  },
  "sentinel": {
   "dfi_stage": "producer",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class (since 2016)"
  },
  "sabi-star": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class — reference comparable (built/operating-class asset, not a development-finance candidate); live production/ownership status not individually re-verified this pass"
  },
  "mogalakwena": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class — reference comparable (built/operating-class asset, not a development-finance candidate); live production/ownership status not individually re-verified this pass"
  },
  "two-rivers": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class — reference comparable (built/operating-class asset, not a development-finance candidate); live production/ownership status not individually re-verified this pass"
  },
  "kisanfu": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class — reference comparable (built/operating-class asset, not a development-finance candidate); live production/ownership status not individually re-verified this pass"
  },
  "bisie": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class — reference comparable (built/operating-class asset, not a development-finance candidate); live production/ownership status not individually re-verified this pass"
  },
  "marikana": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class — reference comparable (built/operating-class asset, not a development-finance candidate); live production/ownership status not individually re-verified this pass"
  },
  "syama": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class — reference comparable (built/operating-class asset, not a development-finance candidate); live production/ownership status not individually re-verified this pass"
  },
  "lafigue": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class — Endeavour (first gold 2024); reference comparable, not a development-finance candidate"
  },
  "khoemacau-z5": {
   "dfi_stage": "producer",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class (Zone 5 since 2021); 130ktpa expansion approved Dec 2025"
  },
  "lega-dembi": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class; Ethiopia (MIDROC), prior suspension history — reference comparable, not a development-finance candidate"
  },
  "kalana": {
   "dfi_stage": "development",
   "dfi_relevance": "PIPELINE",
   "stage_note": "development (positive PFS Feb 2021; DFS pending)",
   "dfi_capital_need": "Low"
  },
  "bikita": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class — reference comparable (built/operating-class asset, not a development-finance candidate); live production/ownership status not individually re-verified this pass"
  },
  "nsuta": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class — reference comparable (built/operating-class asset, not a development-finance candidate); live production/ownership status not individually re-verified this pass"
  },
  "ity": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class — reference comparable (built/operating-class asset, not a development-finance candidate); live production/ownership status not individually re-verified this pass"
  },
  "khouribga": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class — reference comparable (built/operating-class asset, not a development-finance candidate); live production/ownership status not individually re-verified this pass"
  },
  "tasiast": {
   "dfi_stage": "operating",
   "dfi_relevance": "COMPARABLE",
   "stage_note": "operating-class — reference comparable (built/operating-class asset, not a development-finance candidate); live production/ownership status not individually re-verified this pass"
  },
  "manono-lithium-district": {
   "dfi_stage": "contested",
   "dfi_relevance": "EXCLUDED",
   "stage_note": "CONTESTED / pre-development (ownership in international arbitration)"
  }
 },
 "stage_freshness_caveat": "Stage is as-dated. 'Construction' assets with first-production dates that have since passed may have commenced production — re-verify before relying on stage. The DFI development-finance window narrows or closes at first gold/first production.",
 "classification_note": "Per-asset control & financing classification: who controls the asset, any pending control change, and which financiers/ECAs/DFIs are engaged — factual statements Sourced per the capital control & financing layer (/api/v1/capital-alignment.json; layer renamed v2.136.60, filename retained for URL stability). No alignment classification or eligibility verdict is rendered; the reader applies their own institution's mandate."
}