Beginning October 2025, the Ghana Gold Board (GoldBod) will start refining gold locally.
Sammy Gyamfi, the CEO of the GoldBod, announced this during the maiden Mining and Minerals Convention held in Accra on Tuesday, September 9, 2025.
According to Gyamfi, the move forms part of a broader effort to boost value addition in Ghana’s gold sector.
He said the decision also seeks to improve Ghana’s economic resilience.
Gyamfi explained that
“It is a national shame that, as a long-standing continental leader in production, Ghana continues to export doré, that is, raw gold instead of bullion. The Ghana Gold Board, which I lead, is determined to change this narrative as a matter of urgency.”
He added “As part of the reset agenda of President Mahama, the GoldBod, in conjunction with the BoG, is partnering with local refineries such as the Gold Coast Refinery to begin the local refining of gold purchased and exported by the GoldBod and this will begin next month, October 2025.”
Source:Africa Publicity