GoldBod exports 66.7 tonnes of gold worth $6.3bn in 8 months

gold-bars

The Chief Executive Officer of the Ghana Gold Board (GoldBod), Samuel Gyamfi, has revealed that the country exported a total of 66.7 tonnes of gold between January and August 2025 under the government’s new gold export framework with small scale mining companies.

The exports, carried out by the Board in partnership with the Bank of Ghana, are estimated at a market value of $6.3 billion.

Mr. Gyamfi made the disclosure while addressing participants at the maiden edition of the Mining and Minerals Convention in Accra.

He explained that the achievement demonstrates the efficiency of the Gold-for-Reserves and gold purchasing programmes, which aim to ensure greater transparency, revenue optimization, and local value addition in Ghana’s gold sector.

According to him, the volume and value of gold exports recorded in the period represent a major boost to the country’s foreign exchange inflows, helping to stabilise the cedi and strengthen Ghana’s position as Africa’s leading gold producer.

Mr. Gyamfi further noted that the GoldBod is working with key stakeholders to expand refining and processing capacity locally as part of broader reforms to transform the mining sector into a driver of sustainable economic growth.

The maiden Mining and Minerals Convention brought together policymakers, industry players, and international partners to deliberate on the future of Ghana’s mining industry, focusing on beneficiation, local participation, and regulatory reforms.

Read More

Leave a Reply

Your email address will not be published. Required fields are marked *

WP2Social Auto Publish Powered By : XYZScripts.com