The Ghana Gold Board has stepped up efforts to strengthen Ghana’s gold production value chain, engaging small-scale mining associations to address key challenges affecting the sector.
At a high-level meeting, Chief Executive Officer Sammy Gyamfi held discussions with leaders of the Ghana National Association of Small-Scale Miners and the Concerned Small-Scale Miners Association of Ghana on improving efficiency and transparency in gold production.
A major issue raised during the engagement was the loss of gold purity within the value chain, which officials say is impacting revenues.
Mr. Gyamfi stressed the need for stronger collaboration, describing the situation as “one of the major challenges confronting the gold trade.” He urged stakeholders to work closely with the Board to reduce these losses and improve overall output.
Support for Small-Scale Mining
The CEO reaffirmed GoldBod’s commitment to supporting small-scale miners, noting that up to 30 percent of the Board’s surplus is allocated to the sector.
He invited the associations to submit a comprehensive plan to guide the structured rollout of support initiatives, including funding, equipment, and technical assistance.
Beyond production concerns, GoldBod also outlined plans to support efforts against illegal mining. Mr. Gyamfi revealed that the Board is in the process of procuring patrol boats to help remove illegal operators from water bodies.
The initiative forms part of a broader strategy to formalise the sector, promote responsible mining practices, and maximise the benefits of Ghana’s gold resources for national development.
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