Goldbod Extends Deadline For Gold Trading Licence Reapplication Again
The Ghana Gold Board (GoldBod) has added one more month for the transition to the new gold trading licence regime.
A new deadline of June 21 has been set after the May 21 deadline elapsed.
According to the Board, the resolution to extend it follows several petitions from stakeholders.
“Consequently, any person who holds a license issued by the defunct PMMC and/or the Ministry of Lands and Natural Resources can continue to purchase and deal in gold with the said licences until 21st June 2025.”
It explained that though a person may apply for a GoldBod licence beyond the new non-extendable deadline of 21st June 2025, only holders of a GoldBod licence will be allowed to purchase, sell or deal in gold after this date.
It emphasized, “The use of a licence issued by the defunct PMMC and/or the Ministry of Lands and Natural Resources to deal in gold is hereby prohibited beyond the new non-extendable deadline of 21st June 2025. A breach of this directive shall constitute a punishable offence under the Ghana Gold Board Act, 2025 (ACT 1140).”
Meanwhile, the export function of all Ministry of Lands and Natural Resources-issued licences has ceased.
“Accordingly, no person other than GoldBod as a corporate entity, can export small-scale gold from Ghana, effective immediately.”
Source: opemsuo.com/Hajara Fuseini
