Ghana is set to acquire a modern gold traceability system to track the sources of gold purchased by the Ghana Gold Board (GoldBod), Mr Sammy Gyamfi, Chief Executive Officer of the Board, has announced.
He said the system would enable the Board to verify that gold purchased from producers originated from legal and approved mining sources.
Mr Gyamfi made this known when he addressed the Government Accountability Series in Accra.
“We are now involved in a national competitive tendering process, which will be concluded this year, to allow us to acquire a modern traceability system.
“It will help us to trace every ounce of gold we purchase to their mines of origin,” he said.
Ghana is currently ranked Africa’s leading gold producer and the sixth largest globally, with annual production estimated at about 185 tonnes.
Mr Gyamfi attributed the achievement partly to increased domestic gold production and said the development had heightened the need for stronger measures to sanitise the small-scale mining sector.
He said since January 2025, about 170 metric tonnes of gold had been mopped up, adding that GoldBod had played a significant role in strengthening the country’s gold production and purchasing system.
The CEO said a taskforce comprising more than 150 personnel had been deployed across mining regions to combat gold smuggling.
He said the deployment formed part of broader efforts to protect Ghana’s gold resources and ensure that gold produced in the country passed through approved channels.
The planned traceability system, he said, would further strengthen monitoring by providing a mechanism to trace purchased gold back to its mine of origin.
On land reclamation, Mr Gyamfi said GoldBod, as part of its corporate social responsibility initiatives, was working to reclaim about 150 hectares of degraded forest areas across the country by next year.
He said the initiative reflected the authorities’ commitment to supporting the Government’s agenda of protecting Ghana’s ecology and biodiversity.
The CEO said GoldBod was collaborating with the Forestry Commission and the Engineers Regiment of the Ghana Armed Forces to implement the reclamation programme.
He said the initiative would contribute to restoring degraded landscapes while promoting more responsible and environmentally sustainable mining practices.
