Sammy Gyamfi
The Ghana Gold Board (GoldBod) has announced the introduction of a special (temporary) bonus of GH¢832 per pound of gold, for all licensed miners across the country.
A press release issued yesterday and signed by the Media Relations Officer, GoldBod, Prince Kwame Minka, said the initiative aims to motivate licensed miners and fight gold smuggling.
“As a result of this initiative, a pound of gold which should have sold in the local market for GH¢8,868, is today selling at a price of GH¢ 9,700,” it stated.
It said the novelty is in response to legitimate complaints from licensed miners about the significant reduction in the local price of gold in the last few months due to the continuous appreciation of the Ghana cedi.
“The special bonus will ensure that licensed miners who have contributed immensely to the country’s increased gold output and foreign exchange earnings, do not indirectly suffer as a result of the significant appreciation of the Ghana cedi, that they have helped the country achieve,” the release added.
The statement said its licensed traders across the country have been adequately resourced and directed to ensure the prompt payment of this special bonus to all licensed miners who sell their gold to GoldBod.
A Daily Guide Report