The Government of Ghana through the Ministry of Lands and Natural Resource has secured an initial US$250,000 development grant from the World Gold Council as part of a broader US$1 million support package aimed at promoting responsible artisanal and small-scale gold mining and strengthening efforts to tackle illegal gold trade.
The funding forms part of a strategic Memorandum of Understanding (MoU) between Ghana and the World Gold Council, facilitated through the Ministry of Lands and Natural Resources, to improve gold supply chain integrity and encourage environmentally sustainable mining practices.
The initiative is expected to support measures that promote responsible mining among artisanal and small-scale miners while addressing challenges associated with illegal gold trading and unsustainable mining activities.
Through the partnership, Ghana seeks to enhance transparency within the gold value chain, improve responsible sourcing standards and strengthen systems that ensure gold produced in the country meets internationally recognised sustainability requirements.
The collaboration also aligns with government’s broader efforts to reform the artisanal and small-scale mining sector, protect the environment and create a more accountable gold industry.
Mr Emmanuel Armah Kofi-Buah is remark said the support from the World Gold Council will contribute to building stronger frameworks for responsible mining while helping to safeguard Ghana’s position as one of the world’s leading gold-producing countries.
