The Ghana Gold Board (GoldBod), will begin refining gold locally from October 2025 as part of a new partnership with the Bank of Ghana and local refineries.
The Chief Executive Officer of the Gold Board, Sammy Gyamfi, made this announcement during the first Mining and Minerals Convention held in Accra on Tuesday, September 9, 2025.
According to him, the decision to produce locally forms part of a broader effort to boost value addition in the gold sector and improve Ghana’s economic resilience.
“It is a national shame that, as a long-standing continental leader in production, Ghana continues to export doré, that is, raw gold instead of bullion. The Ghana Gold Board, which I lead, is determined to change this narrative as a matter of urgency.
As part of the reset agenda of President Mahama, the GoldBod, in conjunction with the BoG, is partnering with local refineries such as the Gold Coast Refinery to begin the local refining of gold purchased and exported by the GoldBod, and this will begin next month, October 2025,” he said.
