Goldbod will end illegal mining

SNMPE: "Illegal mining must not be allowed to continue killing people with total impunity" | Compañía Minera Poderosa | Illegal Mining

Sammy Gyamfi dismisses claim that Goldbod will promote galamsey

The acting Managing Director of the Precious Minerals Marketing Company (PMMC), Sammy Gyamfi has categorically denied claims that the establishment of Goldbod will enhance illegal mining activities in the country. His remarks come in response to suggestions by Minority Leader Alexander Afenyo-Markin that the new gold-buying entity could provide an avenue for illegal miners to thrive. But in a sharp rebuttal, Sammy Gyamfi reiterated his strong co…

Ghana’s GoldBod Bill Passed: Finance Minister Hails Economic Transformation

Ghana’s Parliament has officially passed the GoldBod Bill, a landmark legislation aimed at transforming the country’s gold industry by regulating operations, stabilizing the cedi, and maximising revenues from gold exports. The passage of the bill has been met with mixed reactions, with Finance Minister Dr. Cassiel Ato Forson celebrating it as a “transformative moment in Ghana’s economic history,” while policy analysts and opposition members rais…

Combining commercial and regulatory roles is risky – Amin Adam on GoldBod

Former Finance Minister Dr. Mohamed Amin Adam has cautioned against the structural design of the proposed GoldBod initiative, arguing that it could lead to conflicts of interest. Speaking in Parliament during deliberations on the GoldBod Bill, he expressed concerns over the model adopted for the initiative. “The model where institutions are established to play multiple roles—combining commercial functions with regulatory oversight—is being disco…

Ghana Passes GoldBod Bill to Transform Gold Sector and Economy

By Sarah Baafi  Ghana’s Parliament has officially passed the landmark GoldBod Bill, a move hailed as a transformative step in the country’s economic history. The bill establishes the Ghana Gold Board (GoldBod), a regulatory body designed to oversee gold trading, stabilize the cedi, and maximize revenue from gold exports. The Minister of  Finance Dr. Cassiel Ato Forson, who announced the bill’s passage, emphasized its potential to revolutionize G…

Some €200,000 worth of equipment given to former illegal miners for entrepreneurship - Ghana Business News

The Government of Ghana in collaboration with Anglogold Ashanti and the GIZ, on Friday, handed over start-up equipment worth €200,000 to some youth formerly involved in illegal small-scale mining. Mr. Frank Asare, the National Coordinator of the National Alternative Employment and Livelihood Programme (NAELP), made this known during the graduation of former illegal miners in the Ashanti Region. The ceremony saw hundreds of youths within the Obua…