GoldBod Targets Zero Raw Mineral Exports By End Of 2030
Chief Executive Officer of the Ghana Gold Board (GoldBod), Sammy Gyamfi, has disclosed that, the board is working towards ending Ghana’s export of raw minerals by the end of 2030, as part of efforts to retain more value from the country’s gold resources through local refining and processing.
Mr Gyamfi disclosed that GoldBod had signed refining services agreements with two privately owned local refineries, Gold Coast Refinery and Royal Ghana Gold Refinery.
The two facilities have refined a combined 25 tonnes of artisanal and small-scale mining (ASM) gold purchased and exported by GoldBod in 2026. This represents about 30 per cent of the 85.4 tonnes exported as of October 20.
Speaking at the African Minerals Policy Forum – Mining in Motion 2026, Mr Gyamfi said local gold refining had increased significantly since August.
He revealed that 18.7 tonnes of ASM gold had been refined locally since August 1, while 5.4 tonnes of the 5.7 tonnes purchased by GoldBod in October had undergone local refining.
“Under the visionary leadership of H.E. President John Mahama, the GoldBod is fast-changing Ghana’s tragic story of 100% raw mineral export as at the end of 2024, to zero raw mineral export by the end of 2030,” he said.
Mr Gyamfi added that the two refineries were working towards obtaining accreditation from the London Bullion Market Association within three to five years, with regulatory guidance from GoldBod.
