The Ghana Gold Board (GoldBod) has secured strong international support for its responsible sourcing agenda after participating in the 2026 Sustainability & Responsible Sourcing Summit organised by the London Bullion Market Association (LBMA) and the World Gold Council in London.
The development marks a significant boost for Ghana’s efforts to strengthen traceability, formalise artisanal and small-scale mining (ASM), and promote value addition within the country’s gold sector.
GoldBod was specially invited to a high-level roundtable meeting of the International Bullion Centres Association, reflecting Ghana’s growing influence in the global precious metals market and its increasing role in the international gold value chain.
Representing GoldBod at the summit, Deputy Chief Executive Officer Richard Nunekpeku outlined the institution’s regulatory framework and ongoing reforms aimed at improving transparency and accountability in Ghana’s gold industry.
His presentation focused on initiatives to enhance responsible sourcing standards, strengthen gold traceability systems, support local refining capacity, and integrate artisanal and small-scale miners into formal supply chains.
The discussions highlighted Ghana’s commitment to aligning its gold industry with internationally recognised standards while creating a more sustainable and competitive sector.
LBMA Backs Traceability and ASM Formalisation
A major outcome of the summit was the LBMA’s endorsement of GoldBod’s efforts to improve traceability and formalise the ASM sector.
The association acknowledged Ghana’s growing strategic importance in the global precious metals market and expressed readiness to explore policy frameworks that could support greater international recognition of the country as a key participant in responsible gold production.
The LBMA also pledged to work closely with GoldBod to advance internationally aligned traceability systems, responsible sourcing practices, and compliance frameworks for artisanal mining operations.
In addition, the organisation signalled its intention to support practical industry tools and best practices that promote transparency, improve audit processes, and facilitate the gradual integration of Ghana’s ASM sector into global responsible gold supply chains.
Commenting on the outcome of the engagement, Richard Nunekpeku said the discussions reflected increasing international confidence in Ghana’s reform agenda.
According to him, the support received at the summit reinforces the country’s ambition to position itself as a leading responsible gold-producing nation while strengthening the integrity and competitiveness of its gold supply chain.
The latest endorsement from global industry stakeholders is expected to further support Ghana’s efforts to build a transparent, sustainable, and internationally recognised gold sector.
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