President Mahama’s Vision: Ghana Gold Board to Drive Establishment of Gold Refineries
Ghana, renowned as Africa's leading gold producer, has long exported raw gold without significant value addition. Recognizing this missed opportunity, President John Dramani Mahama has unveiled a transformative strategy centered on the Ghana Gold Board to establish gold refineries within the country, aiming to retain more value domestically and stimulate economic growth. The Role of the Ghana Gold Board The Ghana Gold Board (GoldBod) has been established as the sole authority with exclusive rights to buy, sell, assay, and export gold and other precious minerals in Ghana. This centralization is designed to streamline operations, enhance transparency, and ensure that the nation's gold resources are managed efficiently. By overseeing the entire gold value chain, the Ghana Gold Board aims to curb illegal mining activities, reduce smuggling, and ensure that gold exports contribute significantly to the national economy. Establishing Gold Refineries: A […]