Traoré’s Footsteps: Ghana Tells Foreign Miners to Leave
In a bold move echoing the policies of Burkina Faso's President Ibrahim Traoré, Ghana has announced a significant shift in its mining sector. Effective May 1, 2025, the Ghanaian government will prohibit foreigners from trading or purchasing artisanally mined gold within the country. This decision marks a pivotal step in Ghana's ongoing battle against illegal mining activities, commonly referred to as "galamsey," and aims to reclaim control over its valuable natural resources. Ghana's New Mining Policy The newly established Ghana Gold Board (GoldBod) will replace the previous licensing agency, the Precious Minerals Marketing Co. Under the new law signed by President John Dramani Mahama on April 2, only GoldBod will be authorized to buy, sell, assay, and export gold produced by licensed small-scale miners. Non-compliance with this regulation will result in criminal charges. Finance Minister Dr. Cassiel Ato Forson emphasized […]