Recent developments in Ghana’s gold trade business, led by Goldbod, leave much to be desired regarding the ground rules of fair play and transparency The following issues beg for
Govt Moves To Reform Gold Sector
Thomas Nyarko Ampem Government has announced plans to step up reforms in the gold sector as the country braces for a critical international review of its anti-money laundering regime.
Gold Hedging Will Target A Portion Of Reserves – BoG Governor
Dr. Johnson Asiama The Bank of Ghana has announced that a portion of its reserves would be used in the planned gold hedging programme it intends to rollout. BOG
Gold Prices Decline May Erode Int’l Reserves – Fitch Solutions
A sharp decline in international gold prices following a return towards more conventional trade policies in the US and/or the resolution of major global geopolitical flashpoints would quickly erode
India Gold Metaverse Explores Opportunities in Ghana’s Gold Industry
Lamon Rutten MANAGING DIRECTOR and CEO of India Gold Metaverse Pvt. Ltd., Lamon Rutten has highlighted the potential for Ghana to tap into the vast Indian market, hence his company’s
Small-Scale Gold Sector Records 70 % Increase
Michael Edem Akafia The small-scale gold sector recorded a 70.1% increase in output, rising from 1.1 million ounces in 2023 to 1.9 million ounces in 2024. According to the
Gold Output To Exceed 5m Ounces In 2025 – Chamber Of Mines
Ahmed Dasana Nantogmah The Ghana Chamber of Mines has projected that the country’s gold production will hit over 5 million ounces, by the end of 2025. The outlook follows
Goldbod Takes Full Control Of Gold
Sammy Gyamfi The Ghana Gold Board (GoldBod) has officially taken full control of the country’s artisanal and small-scale gold trade, following the passage of the Ghana Gold Board Act,
Containers Filled With Dollars, Gold Bars Seized
National Security Intercepts Dollars, Gold Bars National Security operatives have intercepted an unspecified amount of U.S. dollars and Ghana cedi notes concealed in twelve 20-foot shipping containers. Acting on
UAE Tops Ghana’s Gold Export Destination
About 40% of Ghana’s gold were directed to the United Arab Emirates (UAE), making it the top destination for the country’s gold exports, according to the Ghana Statistical Service
Best Anchor For Cedi Is Gold – Veep
Dr Mahamudu Bawumia Vice President Dr. Mahamudu Bawumia has announced a bold plan to stabilise Ghana’s currency, the Cedi, by anchoring its value to gold. Speaking at the inauguration of
30% Gold Purchased Are Substandard – Study
Prof Alex Dodoo (2nd L) launching a book on fundamentals of lapidary with some officials A study conducted by the Kwame Nkrumah University of Science and Technology (KNUST), has
Gold Production: Ghana Tops Africa With 32% Jump
Ghana has regained its position as the largest gold producer in Africa, surpassing South Africa with a 32-percent increase in gold production in 2022. This news was delivered by