Ghana Gold Board

Also known as: GoldBod · Ghana GoldBod · GoldBoard · artisanal gold marketing agency GoldBod · GoldBod CEO

Ghana Gold Board — government entity overseeing gold sector operations and forex market stabilization, currently embroiled in controversy over unlicensed mining policy.

2026-04-222026-10-29

News reports

Order a long-term news report on Ghana Gold Board

Every mention in the Ghanaian press over the period you choose, compiled as a PDF or Word document.

In coverage

Verbatim sentences from the source article.

October 2026
18 OctJoy Online
… d Ghana Reimagined: Trust, Innovation and Growth in the AI Economy.” He acknowledged the significant increase in Ghana’s recorded gold output, which he attributed largely to improved capture of production from small-scale miners following the establishment of the Ghana Gold Board …
Small-scale mining must not leave ‘residue of death’ – Prof Stephen Adei
18 OctJoy Online
… GoldBod, military to support forest restoration On efforts to restore degraded lands, President Mahama said GoldBod had begun engaging the military in a programme to reclaim destroyed forest areas and replant them with trees. …
Soldiers to remain in nine cleared forest reserves to prevent galamsey – Mahama
16 OctJoy Online
… Afenyo-Markin’s GH¢15m suit dismissed The final issue will be the Accra High Court’s dismissal of the GH¢15 million defamation suit filed by Minority Leader Alexander Afenyo-Markin against Ghana Gold Board Chief Executive Officer Sammy Gyamfi. …
Livestream: Newsfile discusses GH¢49.72m evacuation cost, EC appointments and Obuasi SHTS abuse case
16 OctJoy Online
… The High Court has dismissed Minority Leader Alexander Afenyo-Markin’s GH¢15 million defamation suit against GoldBod Chief Executive Officer Sammy Gyamfi over comments made on JoyNews’ Newsfile programme. …
This Saturday on Newsfile: GH₵49.72m evacuation money, EC appointments, sex abuse in schools and Afenyo’s GH₵15m suit
16 OctJoy Online
… He cited the establishment of the Ghana Gold Board and efforts to promote local processing of critical minerals, including lithium, bauxite and manganese, as part of the government’s determination to retain greater value from the country’s natural resources. …
Ghana’s BRICS partnership bid aimed at broadening development opportunities – Mahama
16 OctJoy Online
The Ghana Gold Board (GoldBod) says it sold US$282 million to commercial banks through its foreign exchange (FX) sales programme on Tuesday, October 13, and Thursday, October 15, 2026, as part of efforts to increase dollar supply to Ghana’s domestic market. …
GoldBod supplies banks with US$282m in weekly forex sales
16 OctJoy Online
The Ghana Gold Board (GoldBod) is investing approximately GH¢35 million in a reclamation and reforestation project to restore forest land destroyed by illegal mining at the Tano Nimri Forest Reserve near Samreboi in the Western Region. …
GoldBod commits GH¢35m to reclaim galamsey-damaged Tano Nimri Forest Reserve
15 OctJoy Online
Economist and political risk specialist Dr Theo Acheampong says the Bank of Ghana must intervene when the cedi becomes excessively volatile, even as GoldBod takes on support in the foreign exchange market. …
Bank of Ghana must step in when cedi turns volatile – Theo Acheampong
15 OctJoy Online
Economist and political risk specialist Dr Theo Acheampong says GoldBod’s foreign exchange framework aims to make dollar supply more predictable, while the Bank of Ghana retains its role in tackling excessive exchange rate volatility. …
GoldBod FX framework aims to make dollar supply predictable – Acheampong
15 OctJoy Online
Economist and political risk specialist Dr Theo Acheampong says GoldBod’s foreign exchange framework aims to make dollar supply more predictable, while the Bank of Ghana retains its role in tackling excessive exchange rate volatility. …
GoldBod FX framework aims to make dollar supply predictable – Theo Acheampong

Business

GoldBod's forex injection gives cedi modest recovery this month

The News

GoldBod injected US$130 million into the forex market in the last three weeks, helping the cedi appreciate 1.20% against the US dollar and pound sterling in the interbank market by fortnight's close, though it remains down 9.0% year-to-date. The board plans to supply US$1.5 billion total—US$1 billion to commercial banks and US$500 million to the central bank—as part of its broader currency stabilisation programme.

28 October 2026 · Joy Online →

Yesterday

GoldBod's forex injection gives cedi modest recovery this month
GoldBod injected US$130 million into the forex market in the last three weeks, helping the cedi appreciate 1.20% against the US dollar and pound sterling in the interbank market by fortnight's close, though it remains down 9.0% year-to-date. The board plans to supply US$1.5 billion total—US$1 billion to commercial banks and US$500 million to the central bank—as part of its broader currency stabilisation programme.
28 October 2026 · Joy Online →

Tuesday 27 October

Ghana's cocoa farms need protection from galamsey mining
Ghana's government must enforce the Ghana Cocoa Board Act, 2026 to protect cocoa farms from illegal mining (galamsey), which destroys agricultural assets and rural livelihoods. The law includes a reported 500-metre restriction around protected farms to prevent mining activities.
27 October 2026 · Joy Online →
Ghana's ambassador expands consular services to four Ivorian towns
Ghana's Ambassador to Côte d'Ivoire has extended the Embassy's diaspora engagement and consular outreach programme to San Pedro, Sassandra, Grand Lahou and Tabou in western Côte d'Ivoire, aiming to strengthen ties with Ghanaians living outside Abidjan and improve their access to consular services including passport processing, visas, and emergency travel certificates.
27 October 2026 · Joy Online →
Eco-Conscious Citizens director urges Mahama to reaffirm mining licence requirements
Awula Serwah, Executive Director of Eco-Conscious Citizens, has urged President Mahama to publicly reaffirm legal mining requirements, warning that recent comments by Ghana Gold Board CEO risk signalling to small-scale miners that they can operate without proper licensing. She cautioned that such signals could undermine anti-illegal mining efforts and stressed that mining licences are essential alongside other regulatory approvals to prevent pollution and environmental destruction.
27 October 2026 · Joy Online →
President must clarify stance on Gyamfi galamsey remarks – professor
A University of Ghana law professor has urged President Mahama to publicly clarify his administration's position on illegal mining and demand that Ghana Gold Board CEO Sammy Gyamfi retract controversial remarks on galamsey, arguing that failure to disavow them could be interpreted as government acceptance or support.
27 October 2026 · Joy Online →

Monday 26 October

Mining research centre rejects call for GoldBod CEO's resignation
The Centre for Mining Research and Policy has rejected the Minority's call for Ghana Gold Board CEO Sammy Gyamfi to resign over his comments on formalising small-scale mining, arguing that his position focused on bringing eligible miners into the formal regulatory system rather than enabling illegal mining.
26 October 2026 · Joy Online →
Ghana Gold Board CEO's galamsey policy sparks government hypocrisy claims
An opinion piece in Daily Guide argues that the Ghana Gold Board CEO's approval for unlicensed illegal miners to operate represents a government policy shift, delivered unconventionally to avoid public backlash, and contradicts the NDC's anti-galamsey campaign promises.
26 October 2026 · Daily Guide →
Minority demands GoldBod CEO resignation over galamsey remarks
Ghana's parliamentary Minority has called for the resignation or dismissal of Ghana Gold Board CEO Sammy Gyamfi over comments it says endorse illegal mining, though GoldBod claims a video circulating on social media was selectively edited and misrepresented remarks made during an engagement with artisanal and small-scale miners in March 2026.
26 October 2026 · The Chronicle →
GNASSM defends Gold Board CEO over illegal mining remarks
The Ghana National Association of Small Scale Miners has defended the CEO of the Ghana Gold Board against criticism of his recent comments on illegal mining, stating he was advocating for the formalisation of eligible unlicensed miners rather than endorsing galamsey. The remarks were made during a stakeholder engagement at KNUST attended by more than 1,500 mine owners to discuss the District Gold Market concept and sector reform.
26 October 2026 · The Chronicle →
Adongo defends GoldBod law passage, leaves room for review
Parliament's Finance Committee Chairman Isaac Adongo has defended the passage of the law establishing GoldBod despite opposition concerns about specific provisions, saying the law can be reviewed if lapses emerge during implementation.
26 October 2026 · Joy Online →

Sunday 25 October

Law professor challenges directive permitting unlicensed mining
Prof Kwadwo Appiagyei-Atua has challenged a mining directive that would permit unlicensed miners to operate in certain locations while awaiting registration, arguing it reverses legal requirements by allowing mining before licensing—a practice he says violates the Minerals and Mining Act 2006 and constitutes an instruction to permit a crime carrying a mandatory 15-year sentence.
25 October 2026 · Joy Online →
Officials could face abetment liability for allowing unlicensed mining
Professor Appiagyei-Atua has warned that officials directing unlicensed mining be allowed could face liability for abetting a criminal offence, conflicting with Ghana's Minerals and Mining Act, 2006, which requires mineral rights and licences before mining can take place.
25 October 2026 · Joy Online →
Professor challenges GoldBod CEO on unlicensed mining permission
Professor Kwadwo Appiagyei-Atua has argued that allowing unlicensed miners to operate while pending registration breaches Ghana's mining laws, citing the Minerals and Mining Act's requirement for a mineral right and licence before mining. He contends that mining without a licence is a crime subject to fines and prison terms of 15 to 25 years, and that administrative assurances cannot override statutory licensing requirements.
25 October 2026 · Joy Online →
CEO's proposal to allow unlicensed mining contradicts existing law
A Joy Online analysis finds that the GoldBod CEO's reported proposal to allow registration of small-scale mining operations without a Minister's licence directly violates sections 9, 82, and 99 of Ghana's Minerals and Mining Act and its 2019 Amendment, which criminalize unlicensed mining with penalties of 10,000–15,000 penalty units and 15–25 years' imprisonment for Ghanaians.
25 October 2026 · Joy Online →
GoldBod reaffirms commitment to LBMA certification over galamsey
The Ghana Gold Board has rejected suggestions it would support illegal mining, stating that responsible sourcing is a key requirement for London Bullion Market Association certification. The Board's Head of Communications said GoldBod's pursuit of international standards means it cannot endorse mining activities that violate the law or damage the environment.
25 October 2026 · Joy Online →
GoldBod launches stakeholder talks on small-scale mining formalisation
The Ghana Gold Board has begun consulting stakeholders on an Artisanal and Small-Scale Mining Formalisation and Financing Support Programme, planned for 2027 launch, intended to bring informal miners into regulated systems, improve their access to financing, and strengthen oversight of mining activities.
25 October 2026 · Joy Online →

Saturday 24 October

CAGG demands GoldBod CEO retract illegal mining remarks
The Ghana Coalition Against Galamsey has called on the Office of the Attorney-General to investigate the Ghana Gold Board CEO over statements it claims encouraged artisanal miners to operate without licences outside forest reserves and river bodies, arguing such remarks violate Ghana's mining laws and could undermine anti-galamsey efforts.
24 October 2026 · Joy Online →
GoldBod denies CEO endorsed illegal mining, outlines formalisation policy
The Ghana Gold Board dismissed a viral video as selectively edited, clarifying that its CEO's remarks on transitioning informal miners into formal operations do not constitute endorsement of illegal mining. The Board stated that government policy aims to end illegality by formalising eligible operators through licensing, regulation, and accountability.
24 October 2026 · Joy Online →
Minority demands GoldBod CEO resignation over small-scale mining comments
The Minority Caucus in Parliament has called for the resignation or dismissal of Ghana Gold Board CEO Sammy Gyamfi over comments suggesting small-scale miners can operate without requisite licences and permits, and has demanded an unqualified apology, government sanctions, and a clear roadmap from President John Mahama to end illegal mining.
24 October 2026 · Joy Online →

Friday 23 October

Centre backs Gyamfi's proposal to formalise small-scale miners
The Centre for Mining Research and Policy has endorsed Ghana Gold Board CEO Sammy Gyamfi's push to formalise eligible artisanal and small-scale miners, saying the approach combines environmental protection with a pathway for eligible operators to obtain licences, training and regulatory supervision.
23 October 2026 · Joy Online →
GNASSM denies Sammy Gyamfi endorsed illegal mining
The Ghana National Association of Small Scale Miners rejected claims that Ghana Gold Board CEO Sammy Gyamfi endorsed illegal mining, saying his remarks about registering and regularising eligible unlicensed miners were taken out of context and should not be confused with an endorsement of unlicensed mining.
23 October 2026 · Joy Online →

Thursday 22 October

GoldBod sells US$130m to support cedi stability
The Ghana Gold Board has conducted a US$130 million spot foreign exchange sale at GH¢11.60 per dollar to support the cedi, which has appreciated for more than three consecutive weeks against the US dollar on the interbank market. As part of its October 2026 programme, the Board plans to supply US$1.5 billion in total foreign exchange to authorised commercial banks and the Bank of Ghana.
22 October 2026 · Joy Online →
Ghana Gold Board to inject US$1.5bn forex in October 2026
The Ghana Gold Board plans to supply US$1.5 billion in foreign exchange to the market in October 2026 to support the cedi and improve dollar liquidity, with US$1 billion going to authorised commercial banks and US$500 million to the Bank of Ghana for reserve accumulation.
22 October 2026 · Joy Online →
Rwanda studies Ghana's gold sector reforms and trading improvements
A delegation from Rwanda's Mines, Petroleum and Gas Board visited the Ghana Gold Board to learn about Ghana's reforms in gold trading, smuggling prevention, and responsible mining. GoldBod officials highlighted the sector's contribution to Ghana's economy and discussed initiatives to formalise small-scale mining and promote environmentally responsible processing.
22 October 2026 · Joy Online →
GoldBod to establish gold processing centres for traceability
The Ghana Gold Board is collaborating with the government to establish gold processing centres for small-scale mining cooperatives to improve traceability and verify the origins of gold in the formal supply chain. The first facilities are expected to roll out in the first quarter of 2027, with private investors being engaged to support the initiative.
22 October 2026 · Joy Online →
Government establishes gold processing centres for small-scale miners
The government plans to establish gold processing centres for small-scale mining cooperatives, with the first facilities expected in the first quarter of 2027, aiming to increase gold recovery rates from about 30 per cent to approximately 70 per cent and reduce dependence on mercury and cyanide. The initiative is part of efforts to formalise small-scale mining, improve traceability, and support the registration of nearly 100 small-scale mining cooperatives by the end of 2026.
22 October 2026 · Joy Online →
Ghana cedi strengthens over three weeks as GoldBod supplies dollars
The Ghana cedi has posted marginal weekly gains against the US dollar for more than three weeks, driven by improved foreign exchange liquidity and GoldBod's increased dollar supply. Bank of Ghana Governor Dr Johnson Asiama attributed earlier depreciation pressure to increased import demand ahead of Christmas and large energy sector payments, but assured investors the central bank was working with GoldBod to improve FX liquidity and sustain stability.
22 October 2026 · Joy Online →

Wednesday 21 October

Sam George praises GoldBod's IT procurement rule compliance
The Minister for Communication, Digital Technology and Innovation has commended the Ghana Gold Board for exemplary compliance with government IT procurement regulations and for seeking technical clearance from the National Information Technology Agency before a presidential directive. GoldBod's CEO noted the Board has reduced human involvement in its licensing process and is nearing contract award for a gold traceability system.
21 October 2026 · Joy Online →
Afenyo-Markin refiles defamation suits against Adjei and Gyamfi
Former Minority Leader Alexander Afenyo-Markin has refiled a defamation suit at the Accra High Court against Eric Adjei, CEO of the National Entrepreneurship and Innovation Programme, over alleged defamatory statements made on Peace FM, and filed a separate suit against Sammy Gyamfi, CEO of the Ghana Gold Board, over statements made during the Government Accountability Series and on Joy FM's Newsfile programme.
21 October 2026 · The Ghanaian Times →
Ghana Gold Board reforms create 4,866 jobs in two years
Ghana Gold Board CEO Sammy Gyamfi says institutional, licensing and value-addition reforms have created 4,866 direct jobs—361 in the public sector and 4,505 in the private sector—in less than two years, opening opportunities in artisanal smelting, jewellery production and other gold value-chain activities. Ghana aims to end raw mineral exports by 2030 through domestic refining expansion and greater retention of mineral wealth.
21 October 2026 · The Chronicle →