By Hajara Fuseini
Copyright opemsuo
The Chief Executive Officer of the Ghana Gold Board, Sammy Gyamfi, has announced record-high gold exports in volume and value this year.
According to him, the volume and value of small-scale gold exports from January to August 2025 have so far exceeded the total small-scale gold export outturn for the whole of 2024.
As against the 63 tonnes with a value of about $4.6 billion United States Dollars recorded last year, he said the country had recorded an export of 66.7 tonnes at a value of approximately $6 billion United States Dollars from January 2025 to August 2025.
The figure for this year, he said, represented small-scale gold exports undertaken or facilitated by the GoldBod working closely with the Bank of Ghana.
Speaking at the Mining and Minerals Convention on September 9, 2025, he added, “that small-scale gold exports continue to surpass those from the large-scale mining sector, which stood at 65.1 tonnes with an export value of about $5.6 billion United States dollars, for the period between January and August 2025.”
Sammy attributed this to aggressive reforms implemented in the gold sector.
These, according to him, include licensing reforms to promote responsible sourcing of gold and other precious minerals; regulatory controls and oversight over the gold supply chain; transparent and competitive pricing system for licensed miners and licensed gold buyers; robust aggregation systems to effectively mop up gold from all mining regions and districts of the country; major incentives for gold smuggling such as the scrapping of the 1.5% withholding tax on unprocessed small-scale gold, and intensified the fight against illegal gold trading and smuggling through the establishment of the GoldBod Task-Force, with reward for whistleblowers.
Story by Hajara Fuseini
