The Ghana Gold Board (GoldBod) has exceeded its 2025 small-scale gold export target of 100 metric tons, bringing in more than US$10 billion in foreign exchange, bolstering Ghana’s reserves and macroeconomic stability.
GoldBod CEO, Sammy Gyamfi, stated, “Yesterday, the Ghana Gold Board surpassed its 2025 small-scale gold export target of 100 tons, generating over US$10 billion in foreign exchange for the country.”
He attributed the achievement to strengthened regulatory oversight, improved traceability, and strategic partnerships with licensed small-scale miners.
The Board’s second and third-quarter financial reports recorded a combined net income of GH¢906.32 million, reflecting a stronger balance sheet and financial sustainability.
Analysts note that formalising the small-scale mining sector, ensuring compliance, fair pricing, and ethical sourcing, has improved production, curbed smuggling, and enhanced Ghana’s competitiveness in the global gold market.
GoldBod’s milestone underscores its role in supporting national economic priorities, including stabilising foreign exchange, promoting value retention, and developing small-scale mining as a key sector of the country’s extractive industry.
