The Chief Executive Officer of the Ghana Gold Board (Goldbod), Mr. Samuel Gyamfi, has laid out a transformative agenda to position Ghana as a global leader in value-added gold exports, sustainable mining, and responsible sourcing.
Delivering his keynote address at the prestigious Mining in Motion Summit held at the Kempinski Hotel in Accra, Mr. Gyamfi declared the country’s readiness to shift from the export of raw gold (dore) to fully refined bullion, emphasizing that “value addition is the surest way of maximizing national benefits from the country’s rich mineral deposits.”
The event, which brought together royalty, policymakers, international stakeholders, and mining industry leaders, highlighted Ghana’s ambitions to elevate its gold sector beyond raw commodity trading into a hub for refined bullion, jewelry, and traceable, responsibly sourced minerals.
“We at the Ghana Gold Board understand that value addition is the surest way of maximizing national benefits.
“In this regard, the Goldbod will soon move Ghana away from the export of dore to bullion in the short to medium term.”
Mr. Samuel Gyamfi, Chief Executive Officer of Ghana Goldbod
Mr. Gyamfi announced that Goldbod is actively working with local gold refineries that are on a structured path to London Bullion Market Association (LBMA) accreditation.
These partnerships are critical to the Board’s goal of transitioning the country’s gold export model to one based on internationally certified bullion, which fetches higher margins and enhances traceability.
“The Goldbod is open to symbiotic partnerships to actualize the vision of President Mahama to establish a ‘Gold Village’ in Ghana as a hub for gold jewelry and ornaments in Africa.”
Mr. Samuel Gyamfi, Chief Executive Officer of Ghana Goldbod
In line with Goldbod’s mandate as Ghana’s national assayer, Mr. Gyamfi revealed that work has begun on the establishment of an international standard assay laboratory, set to be completed by 2026.
This facility, which will be both ISO-certified and LBMA-compliant, will conduct fire assays to accurately determine gold purity and value prior to export—ensuring Ghana gets a fair deal in global trade.
“A land for this project has been secured. This international assay lab will ensure that all gold exported from Ghana is subjected to fire assay for accurate purity determination and valuation.”
Mr. Samuel Gyamfi, Chief Executive Officer of Ghana Goldbod
Sustainability, Traceability, and Responsible Mining
Mr. Gyamfi reiterated the government’s commitment to embedding sustainability at the heart of Ghana’s mining future.
With rising international scrutiny over environmental, social, and governance (ESG) standards in the extractive industries, Ghana is determined to lead the way on responsible sourcing and traceable supply chains.
“Ghana is strongly committed to sustainable mining, responsible sourcing, supply chain traceability, and value addition to maximize benefits.”
Mr. Samuel Gyamfi, Chief Executive Officer of Ghana Goldbod
To that end, Mr. Gyamfi extended a call for collaboration to global institutions and investors across the mining value chain.
“I wish to extend a warm hand of invitation to the LBMA, the World Gold Council, the OECD, and the global investor community to partner with Ghana in sustainable mining and value addition.”
Mr. Samuel Gyamfi, Chief Executive Officer of Ghana Goldbod
The tone of Mr. Gyamfi’s address was both assertive and inclusive, positioning Ghana as ready and willing to work with international stakeholders for mutual gains in the gold sector.
“Ghana is ready! The Goldbod is prepared!! And together, we can all sail to higher realms of dividends in the mining sector—where the environment is preserved, lives are bettered, and communities are uplifted!”
Mr. Samuel Gyamfi, Chief Executive Officer of Ghana Goldbod
The 2025 Mining in Motion Summit has proven to be more than a platform for dialogue—it is a catalyst for Ghana’s bold redefinition of its role in the global mining ecosystem.
With the Ghana Gold Board leading the charge, the country is charting a future where mineral wealth delivers tangible and equitable development outcomes.
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