By Magdalene Andoh
The Ghana Gold Board (GoldBod) has exceeded its 2025 small-scale gold export target, marking a major milestone for the country’s mining and export sector.
According to official figures, GoldBod surpassed its projected target of 100 tons of small-scale gold exports, generating more than $10 billion in foreign exchange earnings for Ghana. The achievement was recorded yesterday, well ahead of expectations, and is being hailed as a significant boost to the national economy.
The milestone reflects strengthened regulation, improved transparency, and enhanced support for licensed small-scale miners across the country. Since the establishment of GoldBod as the central body responsible for gold trading and exports, the Board has focused on formalizing the small-scale mining sector, curbing smuggling, and ensuring that Ghana receives full value for its gold resources.
Economic analysts say the inflow of over $10 billion will positively impact Ghana’s foreign reserves, stabilize the cedi, and support government efforts in infrastructure development, social services, and industrial growth.
Officials at GoldBod attributed the success to effective collaboration with small-scale miners, security agencies, and international partners, as well as the introduction of structured buying systems that offer competitive prices and prompt payments.
The achievement also reinforces Ghana’s position as Africa’s leading gold producer and highlights the growing importance of responsibly managed small-scale mining in national development.
GoldBod has reaffirmed its commitment to sustainable mining practices, environmental protection, and continued reforms to ensure that gold remains a key driver of inclusive economic growth for Ghana.
