The Ghana Gold Board (GoldBod) will, by the end of 2025, launch a nationwide traceability system to ensure that every gram of gold purchased is traced back to a verified and environmentally compliant mine, GoldBod CEO Sammy Gyamfi announced at the maiden Mining and Minerals Convention in Accra.
The system is designed so that all gold acquired by GoldBod, whether from small-scale or large-scale producers, can be tracked from mine to export, guaranteeing that it originates from licensed and environmentally responsible operations. Gyamfi said this initiative aligns with OECD guidelines and international best practices, reinforcing transparency, accountability, and responsible sourcing in Ghana’s gold sector.
Highlighting the country’s small-scale gold boom, Gyamfi noted that exports from January to August 2025 reached 66.7 tonnes, valued at approximately $6.3 billion, surpassing the total small-scale output of 2024, which stood at 63 tonnes worth $4.6 billion. Small-scale exports continue to outperform large-scale mining, which recorded 65.1 tonnes valued at $5.6 billion during the same period.
The surge in gold exports, particularly from the artisanal sector, has strengthened Ghana’s foreign reserves, improved the balance of payments, and provided critical support for the cedi, he said.
In addition to traceability, GoldBod is stepping up the fight against illegal mining (galamsey). Gyamfi announced that the board will donate five Toyota Hilux pickups and GHS 5 million to the National Anti-Illegal Mining Regulation Secretariat (NAMOS) to reinforce enforcement efforts across the country.
The board has also made substantial allocations for ecological restoration, targeting the reclamation of thousands of hectares of devastated forest reserves. A “Researcher Responsibility Policy” will be implemented starting October 2025 to ensure ongoing environmental accountability.
Beyond environmental measures, Gyamfi emphasized GoldBod’s commitment to community development, including the provision of portable water systems, modern education and health facilities, and scholarships for brilliant but needy students in mining communities, linking responsible gold production with broader socio-economic impact.
