Ghana plans to launch a gold board to streamline gold purchases from small-scale miners, increase earnings and reduce smuggling, the west African country's newly appointed finance minister Cassiel Ato Forson said on Monday.

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Ghana plans gold board to increase earnings and curb smuggling

Ghana plans to launch a Gold Board to streamline gold purchases from small-scale miners, increase earnings and reduce smuggling, the west African country's newly appointed finance minister Cassiel Ato Forson said on Monday.

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Nearly $5bn worth of gold exported from West African country last year was from legal small-scale miners

Business Live

Ghana to harness ‘entire value chain of gold’ through new board

The Finance Minister, Dr. Cassiel Ato Forson, has inaugurated a Technical Committee to draft a legal framework for the establishment of the Ghana Gold Board (GoldBod). The Ghana Gold Board would function as a specialised agency responsible for managing and marketing gold resources from the small-scale mining sector. According to Dr. Forson, the establishment of the committee underscores the pressing need to formalise and regulate the small-scale…

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Ghana

Finance Minister sets up technical committee to draft legal framework for establishment of GoldBod

Ato Forson Dr Cassiel Ato Baah Forson, the Minister of Finance, on Monday inaugurated a 19-member Technical Committee to develop the legal framework for the establishment of the Ghana Gold Board (GoldBod). The Committee has been tasked to draft the Bill to formalise the establishment of the Board to streamline the gold sector especially the legal small-scale mining sector. The Committee is expected to commence work immediately after the inaugura…

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Committee to draft Bill to back establishment of Ghana Gold Board inaugurated - Ghana Business News

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News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://newsghana.com.gh/ghana-moves-to-formalize-gold-sector-with-new-gold-board/Ghana is taking significant steps towards streamlining its gold sector with the inauguration of a 19-member Technical Committee tasked with developing a legal framework for the establishment of the Ghana Gold Board. The Gold Board is expected to begin operations by March 8, 2025, following the compl…

News Ghana

Ghana Moves to Formalize Gold Sector with New Gold Board

Ghana is set to establish a Gold Board to better regulate gold purchases from small-scale miners, aiming to increase national earnings and reduce smuggling, Reuters reported. The initiative, announced by the newly appointed Finance minister, Cassiel Ato Forson, is designed to help the country, Africa’s leading gold producer, optimize the benefits from its gold exports […]

North Africa Post

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Ghana: A gold board to boost earnings, struggle against smuggling – The North Africa Post

The Finance Minister of Ghana, Dr. Cassiel Ato Forson, Ph.D., has inaugurated a Technical Committee to draft a legal framework for the establishment of the Ghana Gold Board (GoldBod).  Speaking at the Ministry of Finance on 27th January 2025, Dr. Forson highlighted the pressing need to formalise and regulate the small-scale gold mining sector to […] The post Ato Forson sets committee to draft legal framework for GoldBod establishment appeared fi…

ghanamma.com

Ato Forson sets committee to draft legal framework for GoldBod establishment

In fulfillment of a campaign promise, the Finance Minister today, January 27, 2025 inaugurated a technical committee to draft a legal framework for the establishment of the Ghana Gold Board. The 21 member committee is led by Sammy Gyamfi who is the acting manager of PMMC. The technical team is made up of experts in the industry and are expected to provide a framework for the establishment of the Board. Speaking at the inauguration, Finance Minis…

Ghana plans gold board to increase earnings and curb smuggling

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