Chief Executive Officer of the Ghana Gold Board (GoldBod), Sammy Gyamfi, has declared a new vision for Ghana’s mining sector, saying the country is “resetting and rewriting its gold story” to maximise national benefits.
Speaking at the maiden Mining and Minerals Convention in Accra, Gyamfi said Ghana is moving beyond raw gold exports toward value addition, sustainability, and wealth creation.
“Under the vision and leadership of H.E. John Dramani Mahama, we are committed to optimizing national benefit from the exploitation and trading of our natural resources for the development of our country and the wellbeing of our citizens,” he said.
Gyamfi explained that the Ghana Gold Board is central to this transformation, tasked with regulating and streamlining the gold trade while boosting transparency and efficiency.
He revealed that between January and August 2025, small-scale gold exports hit a record-high 66.7 tonnes, valued at $6 billion, surpassing the entire 2024 total of 63 tonnes worth $4.6 billion.
“These milestones are proof that African-born corporations can lead globally, not merely follow,” Gyamfi said. “We are proving that when resource wealth is combined with bold thinking, Africa can achieve greatness.”
The GoldBod is also working with the Bank of Ghana and local refineries to begin processing gold locally, transitioning Ghana from exporting doré (raw gold) to bullion and establishing Ghana as a continental hub for refining, minting, and jewellery production.
“It is a national shame that we continue to export raw gold,” Gyamfi emphasized. “This narrative must change, and it must change now.”
