Ghana Gold Board - GoldBod

Call Directions Website Contact the organization

Ghana Gold Board - GoldBod The Ghana Gold Board functions under the oversight and supervision of the Ministry of Finance of the Republic of Ghana.

The Ghana Gold Board (GoldBod) is the sole authority with exclusive rights to buy, sell, weigh, grade, assay, value and export gold and other precious minerals in Ghana. The Ghana Gold Board (GoldBod) is the sole authority with exclusive right to buy, sell, weigh, grade, assay, value and export gold and other precious minerals in Ghana. The Ghana Gold Board (GoldBod) is a body corporate established by an Act of Parliament (ACT 1140) in the year 2025 to oversee, regulate and undertake the buying, selling, assaying, refining, exporting and other related activities in respect of Gold and other Precious Minerals in Ghana. The GoldBod per section 78 of ACT 1140, took over the rights, obligations, assets, liabilities and workforce of the Precious Minerals Marketing Company (PMMC) Limited, which is an offshoot of the Ghana Diamond Marketing Board. In 1963, the Ghana Diamond Marketing Board was established and charged with the responsibility of purchasing and marketing Ghana’s diamonds. In 1965, by a Legislative Instrument (LI) 401, the Ghana Diamond Marketing Board was incorporated as a State-Owned Enterprise (SOE). Upon the promulgation of the diamonds decree (NRCD 32) in 1972, LI 916 was enacted to change the company’s name to Diamond Marketing Corporation. In 1989, PNDC Law 219 was enacted to yet again change the Company’s name to the Precious Minerals Marketing Corporation with enhanced functions to grade, assay, value gold, diamonds and other precious minerals of the country. In the year 2000, the Corporation was converted by the Statutory Corporations Conversion to Companies Act (ACT 461) to a Limited Liability Company to operate under the Ghana Companies Code Act, (ACT 179) 1963, as Precious Minerals Marketing Company (PMMC) Limited with the same functions. In the year 2016, the PMMC was appointed the national assayer by the government of Ghana. To strengthen industry regulation and optimize national benefits, the Ghana GoldBod was established on 2 April, 2025 by the government of Ghana to restructure and streamline the precious mineral trading sector of Ghana. The GoldBod initiative is a product of extensive stakeholder consultations and aims at maximizing foreign exchange inflows, gold reserve accumulation and value addition for sustainable growth and transformation.

Catch GoldBod CEO, Sammy Gyamfi, Esq., live on UTV’s Mpu Ne Mpu show.* Date: Friday, 30th October 2026* Time: 8:30 AM
27/10/2026

Catch GoldBod CEO, Sammy Gyamfi, Esq., live on UTV’s Mpu Ne Mpu show.

* Date: Friday, 30th October 2026
* Time: 8:30 AM

The Ghana Gold Board (GoldBod) has extended its Pink October breast cancer awareness and screening campaign to Diaso in ...
26/10/2026

The Ghana Gold Board (GoldBod) has extended its Pink October breast cancer awareness and screening campaign to Diaso in the Upper Denkyira West District of the Central Region. Organised by the Board’s Corporate Social Responsibility and Special Intervention Programme Units, with support from the District Health Directorate, the exercise provided breast cancer screening alongside tests for HIV, hypertension and blood sugar levels. Participants, including students of Diaso SHS, also received education on early detection and a demonstration of breast self-examination.

The Head of GoldBod’s Special Intervention Programme Unit, Gloria Precious Ankomah, reaffirmed the Board’s commitment to supporting the wellbeing of mining communities and recognising their contribution to Ghana’s economy. The campaign, which targets women in six mining communities nationwide, seeks to bring essential healthcare closer to residents and encourage regular screening and timely medical attention.

ADJUSTMENT TO LOCAL GOLD PRICE ANNOUNCEMENT TIMES EFFECTIVE 26 OCTOBER 2026 TO 27 MARCH 2027.
25/10/2026

ADJUSTMENT TO LOCAL GOLD PRICE ANNOUNCEMENT TIMES EFFECTIVE 26 OCTOBER 2026 TO 27 MARCH 2027.

GOLDBOD REJECTS FALSE CLAIM THAT CEO ENDORSED ILLEGAL MINING; COMMENCES CONSULTATION ON ASM FORMALISATION AND FINANCING ...
24/10/2026

GOLDBOD REJECTS FALSE CLAIM THAT CEO ENDORSED ILLEGAL MINING; COMMENCES CONSULTATION ON ASM FORMALISATION AND FINANCING SUPPORT PROGRAM.

The CEO of the Ghana Gold Board (GoldBod), Sammy Gyamfi, Esq., spoke to CNBC Africa at the Mining in Motion Summit in Ac...
24/10/2026

The CEO of the Ghana Gold Board (GoldBod), Sammy Gyamfi, Esq., spoke to CNBC Africa at the Mining in Motion Summit in Accra on why states must be actively involved in optimising Africa’s mining sector, and how Ghana is formalising artisanal and small-scale mining to turn higher gold production into sustainable growth.

Watch the full interview:
https://www.cnbcafrica.com/media/7792771144350/gyamfi-states-need-to-be-involved-in-optimising-africas-mining-sector

Ghana is stepping up efforts to formalise its artisanal and small-scale mining sector. But the challenge remains turning higher production into sustainable growth while addressing the environmental and governance risks associated with small-scale mining. At the Mining in Motion Summit in Accra, Ghan...

23/10/2026

GoldBod CEO Sammy Gyamfi Clarifies Government’s Approach to Formalising and Licensing Unlicensed Small-Scale Miners.

GoldBod CEO Sammy Gyamfi Clarifies Government’s Approach to Formalising and Licensing Unlicensed Small-Scale Miners.Ther...
23/10/2026

GoldBod CEO Sammy Gyamfi Clarifies Government’s Approach to Formalising and Licensing Unlicensed Small-Scale Miners.

There are three (3) forms of unlicensed artisanal and small-scale mining operations that are irredeemably wrong and can neither be tolerated nor reformed.

* Mining that impacts water bodies
* Mining in forest reserves
* Mining in obscene places in communities such as road sides, school lands, bedrooms etc. that pose dangers to society and public health

1. Once artisanal and small-scale miners (ASMs) are not mining in a forest reserve, a water body or an obscene place that negatively impacts the environment, that mineralized area, even if unlicensed, meets the eligibility requirement of FORMALIZATION and can be declared as fit for cooperative mining under government’s “Responsible Cooperative Mining and Skills Development Programme (rCOMSDEP). I maintain that formalizing such unlicensed ASMs is a better approach than chasing them with soldiers. The rCOMSDEP is an ASM formalization initiative aimed at transforming such unlicensed ASMs into licensed and responsible ASMs to promote sustainability in the sector.

2. The small portion of the video that has been mischievously cut and is being circulated, leaves out important details of my explanation of what government is willing to do to support the formalization of such unlicensed ASMs to ensure that they have the appropriate legal documentation, certifications, permits and training for sustainable small-scale mining.

3. ASM formalization and traceability is the new paradigm shift of Ghana’s quest towards sustainability in the ASM sector. The provision of formalization, training and financing support for ASMs whose activities do not negatively impact water bodies, forest reserves or obscene places in our communities to bring them into the formal and responsible mining economy, is a crucial imperative for the fight against irresponsible mining and our national quest to promote sustainability in the mining sector.

4. As I noted in my keynote address at the just-ended Mining in Motion summit on “ASM Formalization; the new paradigm”;

“…….regulation must be firm, but also practical, inclusive and commercially sound. Reform will endure only when compliance becomes a pathway to opportunity rather than hardships. Mining regulations must therefore do more than police miners; it must formalize, build capacities and create opportunities for young Africans in the mining and trading ecosystem. I believe that with proper formalization, financing support and training, Artisanal and Small-scale mining can support livelihoods, generate foreign exchange, strengthen reserves, grow indigenous enterprise and advance national development sustainably.”

“We at the GoldBod hold the view, that properly organized small-scale mining offers one of the clearest pathways from mineral ownership in law to indigenous ownership in practice. Supported by modern technology and sound engineering, the sector can optimize recovery rates, reduce waste, improve safety, preserve the environment and create productive opportunities for young Africans.”

“This is why the GoldBod will next year roll out an ASM Formalization and Financing Support Program (FFSP), in close collaboration with the Ministry of Lands and Natural Resources, the University of Mines and Technology and Rand Refinery, with the aim of sustainably ramping up gold production, mineral revenue and job creation, while reducing operational costs and environmental risks.”

A delegation from Malawi, led by its Minister for Mines, Hon. Thokozani Tembo, has visited the Ghana Gold Board (GoldBod...
23/10/2026

A delegation from Malawi, led by its Minister for Mines, Hon. Thokozani Tembo, has visited the Ghana Gold Board (GoldBod) to study Ghana’s gold sector reforms. The delegation explored GoldBod’s approach to licensing, pricing and curbing gold smuggling as Malawi seeks to strengthen its gold industry.

GoldBod’s Director of Responsible Mining and Sustainability, Prof. Ishmael Quaicoe, outlined the Board’s licensing framework, standardised pricing and monitoring systems. He also highlighted approximately 104 tonnes of artisanal and small-scale gold mobilised in 2025, generating about US$10.8 billion in gross export proceeds.

A delegation from Guinea, led by its Minister for Mines and Geology, has visited the Ghana Gold Board (GoldBod) to excha...
23/10/2026

A delegation from Guinea, led by its Minister for Mines and Geology, has visited the Ghana Gold Board (GoldBod) to exchange ideas on gold trading and resource management. Received by GoldBod CEO, Sammy Gyamfi, Esq., the delegation discussed gold pricing, financing, regulation and foreign-exchange mobilisation.

Sammy Gyamfi outlined Ghana’s experience in formalising gold trading, highlighting competitive pricing, financing arrangements and regulatory safeguards. He emphasised the importance of African countries sharing experiences to strengthen their gold sectors and maximise benefits from their mineral resources.

22/10/2026

Address

Accra
233

Opening Hours

Monday 08:00 - 17:00
Tuesday 08:00 - 17:00
Wednesday 08:00 - 17:00
Thursday 08:00 - 17:00
Friday 08:00 - 17:00

Telephone

+233302953279

Alerts

Be the first to know and let us send you an email when Ghana Gold Board - GoldBod posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Organization

Send a message to Ghana Gold Board - GoldBod:

Shortcuts

Share

Category