Chamber of Licensed Gold Buyers hails enactment of GoldBod Act

Chamber of Licensed Gold Buyers hails enactment of GoldBod Act

The Chamber of Licensed Gold Buyers (CLGB) has commended government for the successful passage and assent of the Ghana Gold Board (GoldBod) Bill into law, marking a new chapter for the country’s gold industry. With this landmark legislation, Ghana has established the GoldBod as the monopoly buyer, assayer, and exporter of Ghana’s gold. “This is […] The post Chamber of Licensed Gold Buyers hails enactment of GoldBod Act appeared first on Latest N…

Goldbod will ensure Ghana gains greater monetary value from gold exports

President John Dramani Mahama has highlighted the significant impact of establishing the Ghana Gold Board (GoldBod). The President emphasized that the Board will ensure the country gains greater monetary value from its gold exports. In a video outlining the events leading to the creation of GoldBod, from parliamentary approval on Friday, 28th March 2025, to …

Ghana Goldbod Bill becomes law as Mahama moves to reform gold sector

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 w…

The Ghana Gold Board Bill - Ghana Center for Democratic Development

Ghana is a well-endowed country. Its resource endowment includes gold. Our resource endowments suggest the socio-economic development needle should be much further ahead than it currently is. When countries like Ghana face economic and fiscal challenges, there is the temptation to question whether resource endowments even matter. It may sound counterintuitive to think there would be a question about the utility of resource endowments for a count…

The Gold Board that Revolutionizes Ghana’s Mining Sector

In the early hours of Saturday, March 29, the Parliament of Ghana passed a landmark legislation that seeks to regulate and restructure the gold market with the primary objective of maximising foreign exchange inflows and enhance the gold reserve accumulation of the country. The Bill, which was treated under a certificate of emergency was taken […]