State entity that purchases gold from large-scale and artisanal miners in Ghana, spending US$16.1 billion from January 2025 to May 2026.
Verbatim sentences from the source article.
Joy Online
Gold Board bought up to 54 metric tons of gold from artisanal and small-scale mining (ASM) in the first half of 2026, and the sector’s output is on track to match or surpass last year’s record, the state entity’s CEO said on Tuesday. …
Ghana’s 2026 artisanal gold output likely to surpass record 2025 level, Gold Board saysJoy Online
… Under the agreement, large miners will sell 30% of their gold output to the state entity Gold Board, known as GoldBod, in dore form. …
Gov’t to buy 30% of large miners’ gold output from July 1, statementJoy Online
Deputy Finance Minister Thomas Ampem Nyarko has told Parliament that from January 2025 to May 2026, the Gold Board expended approximately US$16.1 billion on the purchase of gold, of which US$9.8 billion was used between January and December 2025. …
GoldBod spent $16.1bn on gold purchases in 2025 – Ampem NyarkoBusiness & Financial Times
… A representative from the Gold Board, speaking on behalf of Director of Finance Dr. …
SEC moves to licence independent gold token custodiansJoy Online
… Regarding disruptions to Ghana’s gold exports due to the Middle East crisis, the Governor disclosed that temporary challenges affecting shipments to the United Arab Emirates had been resolved through alternative export arrangements. “The Gold Board has been able to find a way aro …
Policy rate at 14%: Middle East crisis is the elephant in the room – BoG bossJoy Online
… Regarding concerns over disruptions to Ghana’s gold exports linked to the Middle East crisis, Dr Asiamah said temporary challenges affecting shipments to the United Arab Emirates had been resolved through alternative arrangements. “The Gold Board has been able to find a way aroun …
Policy rate held at 14% as Middle East Crisis clouds inflation outlook – BoG GovernorThe Chronicle
… Regarding disruptions to Ghana’s gold exports due to the Middle East crisis, the Governor disclosed that temporary challenges affecting shipments to the United Arab Emirates had been resolved through alternative export arrangements. “The Gold Board has been able to find a way aro …
Policy Rate At 14%: Middle East Crisis Is The Elephant In The Room – BoG BossThe Ghanaian Times
… He explained that government used gold exports through the Gold Board to generate foreign exchange for the economy. …
Isaac Adongo replies Kojo Oppong Nkrumah over Bank of Ghana loss claimsBusiness & Financial Times
… The request follows claims attributed to the Gold Board that large-scale miners repatriate no more than 20 percent of export proceeds. …
Chamber of Mines urges BoG to publish full mining forex inflowsJoy Online
… The lawmaker also raised concerns about changes in Ghana’s gold purchasing framework, claiming that costs associated with the policy shift from large-scale mining purchases to the Gold Board system had impacted the central bank’s finances. …
Minority accuses Majority of attempting to “shift public perception” ahead of BoG’s GH¢15bn publicationThe Gold Board reports it purchased 50–54 metric tons of gold from artisanal and small-scale mining in the first half of 2026 and expects the sector's annual output to match or surpass last year's record 104 metric tons. ASM has become Ghana's largest source of gold export earnings, generating nearly $11 billion in foreign exchange in 2025.
15 July 2026 · Joy Online →
The Gold Board reports it purchased 50–54 metric tons of gold from artisanal and small-scale mining in the first half of 2026 and expects the sector's annual output to match or surpass last year's record 104 metric tons. ASM has become Ghana's largest source of gold export earnings, generating nearly $11 billion in foreign exchange in 2025.
15 July 2026 · Joy Online →
Government has agreed with large-scale mining companies to purchase 30% of their gold output starting July 1 to boost foreign currency reserves and develop local refining capacity. Gold will be sold to state entity GoldBod in dore form at a 0.55% discount to the central bank's reference rate and settled in Ghanaian cedis.
26 June 2026 · Joy Online →
Deputy Finance Minister Thomas Ampem Nyarko told Parliament that from January 2025 to May 2026, the Gold Board spent approximately US$16.1 billion on gold purchases, with US$9.8 billion expended in 2025. The government is shifting Ghana's gold economy from an unregulated system to a structured, transparent one where gold is properly accounted for and benefits the national economy.
24 June 2026 · Joy Online →
Ghana's Securities and Exchange Commission is laying regulatory groundwork to licence independent custodians for gold-backed tokens under the Virtual Assets Service Providers Act, with plans to extend tokenisation to real estate, diamonds, and bauxite. The regulator is building a post-custody framework requiring vault operators to undergo inspections before holding physical gold underpinning digital tokens.
4 June 2026 · Business & Financial Times →
The Governor of the Bank of Ghana has defended the Monetary Policy Committee's decision to hold the policy rate at 14%, citing ongoing Middle East conflict as a key source of uncertainty threatening Ghana's inflation outlook and economic stability. Although economic indicators suggest room for further rate cuts, the MPC chose to pause and monitor global developments due to risks posed by the geopolitical crisis.
21 May 2026 · Joy Online →
The Monetary Policy Committee maintained the policy rate at 14 percent, with the Bank of Ghana Governor citing the Middle East conflict as an external risk that could undermine Ghana's inflation outlook despite improving domestic economic indicators.
21 May 2026 · Joy Online →
The Governor of the Bank of Ghana defended the Monetary Policy Committee's decision to maintain the policy rate at 14 percent, citing lingering geopolitical tensions in the Middle East as a serious risk to Ghana's inflation outlook and economic stability. Although current economic indicators suggest room for further monetary easing, the MPC decided to pause and monitor global developments because of uncertainties surrounding the Middle East crisis.
21 May 2026 · The Chronicle →
The Ranking Member on Parliament's Finance Committee has responded to Minority accusations that the Bank of Ghana recorded losses of about GH¢44 million under the NDC administration, arguing that the NPP government previously recorded far larger losses of GH¢55 billion at the central bank.
8 May 2026 · The Ghanaian Times →
The Ghana Chamber of Mines has called on the Bank of Ghana to publish detailed, disaggregated data on foreign exchange inflows from mining, arguing that partial data excluding flows through commercial banks misrepresents the industry's economic contribution. The chamber disputes claims that large-scale miners repatriate only 20 percent of export proceeds, noting that mining firms channel forex through both direct central bank sales and commercial bank accounts to meet domestic obligations.
5 May 2026 · Business & Financial Times →
The Minority in Parliament has accused the Majority of attempting to shift public perception ahead of the Bank of Ghana's publication of financial accounts, which are expected to show a net loss of about GH¢15 billion for the 2025 financial year. The Ranking Member on Parliament's Economy and Development Committee argued the Majority's press conference before the official release is intended to hide the real facts from Ghanaians.
30 April 2026 · Joy Online →