Ghana’s gold industry is set for a transformation following the signing of the Ghana Goldbod Bill, 2025 into law by President John Dramani Mahama on Wednesday, April 2.
The legislation is expected to bring greater structure, transparency, and economic benefits to the country’s gold sector.
With the establishment of the Ghana Gold Board, the law aims to improve gold traceability, curb illegal mining, and promote sustainable practices.
The board will oversee the regulation of small-scale mining operations while ensuring miners receive fair prices for their gold through the GoldBod initiative.
Beyond economic reforms, the new law signals a shift toward more responsible mining practices.
The government has emphasized the need to balance industry growth with environmental conservation, placing the Gold Board at the center of efforts to reduce the negative impact of mining activities.
By streamlining gold trade and reinforcing regulations, the law is expected to strengthen Ghana’s position in the global gold market while safeguarding local mining communities and natural resources.
