Tag: GOLDBOD

Correspondingly, export earnings jumped from $2.19 billion in 2023 to $4.61 billion in 2024, and $2.72 billion in early 2025 alone surpassing all previous records.

"We are implementing a structured licensing regime to ensure that only qualified and compliant actors participate in the sector.”

The government’s replacement of the Precious Minerals Marketing Company (PMMC) with the newly established Gold Board (GoldBod) marks a bold attempt by President John Dramani Mahama’s administration to clamp down ...

He noted that while the legislation behind Goldbod seems directionally sound, it is riddled with what he described as “landmines,” cautioning, “it will explode one day.”

Dr. Steve Manteaw, Chairman of the Ghana Extractive Transparency Initiative, has addressed concerns about why Civil Society Organizations (CSOs) have been relatively quiet on the GoldBod legislation.  According to him, ...

Acting Managing Director of the Precious Minerals Marketing Company (PMMC), Sammy Gyamfi, has called for a more structured and regulated approach to Ghana’s gold trade. He argued that the current ...

According to Sammy Gyamfi, GoldBod will serve as the central agency responsible for the trading of gold from small-scale miners and,

“Given the reality of the funding gap of 156 million US dollars, the government would take the following measures to close the funding gap.

The core objective of GoldBod is to eliminate smuggling, ensure full forex receipts, and create a more structured and transparent marketplace for small-scale gold miners.

During the engagement, Mr. Gyamfi and the Technical Committee acknowledged the critical role played by various industry groups in shaping the GoldBod initiative.