CEO of GoldBod, Sammy Gyamfi, Esq., has announced that GoldBod generated US$11.6 billion

The Chief Executive Officer of the Ghana Gold Board (GoldBod), Sammy Gyamfi, Esq., has announced that GoldBod generated US$11.6 billion from the export of 85.4 tonnes of artisanal and small-scale mining (ASM) gold between January 1 and October 20, 2026.

Speaking at the 2026 Mining in Motion Forum, he also disclosed that GoldBod’s reforms have created 4,866 direct jobs, comprising 361 in the public sector and 4,505 in the private sector.

He further revealed that local refineries processed 5.4 tonnes of gold in October, representing approximately 95% of the 5.7 tonnes purchased and exported during the month.

The CEO also announced plans to introduce an ASM Formalization and Financing Support Programme in 2027, in collaboration with key institutions, including the Ministry of Lands and Natural Resources, the University of Mines and Technology, the Minerals Income Investment Fund and Rand Refinery of South Africa.

Additionally, GoldBod expects to introduce a blockchain-based gold traceability system before the end of November 2026 to strengthen transparency and accountability in Ghana’s gold value chain.