London Bullion Market Association — international organization setting gold pricing and sourcing standards, supporting Ghana's responsible gold sourcing and traceability agenda.
Verbatim sentences from the source article.
Daily Guide
… objectives while maintaining Ghana’s attractiveness to investors He said the Chamber has intensified engagements with government agencies, regulators, security institutions, traditional authorities, the World Gold Council, the World Bank, and the London Bullion Market Association …
Large Scale Mining Contributed GH¢22bn In 2025 – Mining ChamberDaily Guide
… objectives while maintaining Ghana’s attractiveness to investors He said the Chamber has intensified engagements with government agencies, regulators, security institutions, traditional authorities, the World Gold Council, the World Bank, and the London Bullion Market Association …
Large Scale Mining Contributed GH¢22bn In 2025 – Mining ChamberGold prices slipped on Wednesday as investors watched for clues on US Federal Reserve rate policy in minutes from September's Federal Open Market Committee meeting. Spot gold eased 0.3% to $4,150.23 per ounce, with analysts expecting the yellow metal to remain relatively stable with mild downside bias amid expectations that traders price an 85% chance of a rate hike by December.
11 hours ago · Joy Online →
Gold prices slipped on Wednesday as investors watched for clues on US Federal Reserve rate policy in minutes from September's Federal Open Market Committee meeting. Spot gold eased 0.3% to $4,150.23 per ounce, with analysts expecting the yellow metal to remain relatively stable with mild downside bias amid expectations that traders price an 85% chance of a rate hike by December.
11 hours ago · Joy Online →
The Ghana Gold Board CEO says the country will implement a national gold traceability system in 2024 to track purchases from small-scale miners. Currently, the Board cannot determine what proportion of the 3.1 million ounces purchased from small-scale miners was responsibly mined, as no traceability system has existed since Ghana began mining and trading gold.
10 August 2026 · Joy Online →
Ghana's Gold Board has introduced a new gold pricing framework based on the London Bullion Market Association benchmark, publishing two official purchase prices daily to align domestic pricing with international market standards. The system applies immediately to licensed gold buyers, miners, and trading sector stakeholders.
1 July 2026 · Joy Online →
The Ghana Gold Board has reached an agreement with the Ghana Chamber of Mines to purchase 30 per cent of gold output from large-scale mining companies, effective July 1, 2026, at a discount rate of 0.55 per cent, in an effort to strengthen gold reserve accumulation and local value addition. All transactions will be in Ghana cedis, with doré gold to be refined locally and shipped to an LBMA-certified refinery before delivery to the Bank of Ghana.
26 June 2026 · The Chronicle →
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 →
The Ghana Gold Board has agreed with the Ghana Chamber of Mines to purchase 30 per cent of all large-scale mining companies' gold output, effective July 1, 2026, at a 0.55 per cent discount. The gold will be refined locally and held as part of Ghana's reserve holdings, supporting efforts toward London Bullion Market Association accreditation and the Ghana Accelerated National Reserve Accumulation Programme.
25 June 2026 · Joy Online →
The Ghana Gold Board has announced sweeping reforms to Ghana's gold purchasing framework, including a new pricing regime, stricter purchase thresholds, and mandatory real-time transaction reporting requirements, effective July 1, 2026. The measures aim to standardise pricing, enhance traceability, strengthen oversight and curb illegal trading practices.
24 June 2026 · The Chronicle →
The Ghana Gold Board has engaged licensed gold traders to align Ghana's artisanal and small-scale gold mining trade with international standards, adopting the London Bullion Market Association pricing formula and trading window to ensure fair pricing, transparency, and accountability.
22 June 2026 · Joy Online →
The Ghana Gold Board has met with licensed gold traders in the artisanal and small-scale mining sector to improve transparency and accountability. The Board outlined adoption of London Bullion Market Association pricing standards and transaction recording requirements to enhance fairness and integrity in gold trading.
22 June 2026 · Joy Online →
The Ghana Gold Board secured international support for Ghana's responsible sourcing, artisanal and small-scale mining formalisation, and traceability agenda at the London Bullion Market Association's Sustainability & Responsible Sourcing Summit 2026. The LBMA pledged to work with GoldBod on aligning traceability systems and responsible sourcing standards for Ghana's gold supply chain.
18 June 2026 · Joy Online →
Ghana's large-scale mining sector contributed over GH¢22.22 billion in revenue to the economy in 2025 and provided over 13,819 direct jobs, according to the Chamber of Mines CEO. The industry also recorded US$4.20 billion in local procurement spending and spent US$88.60 million on community development initiatives.
10 June 2026 · Daily Guide →
Ghana's large-scale mining sector contributed over GH¢22.22 billion in revenue to the economy and provided over 13,819 direct jobs in 2025, despite global and domestic challenges, according to the Chamber of Mines. The industry also recorded local procurement spending of US$4.20 billion and spent US$88.60 million on community development initiatives.
10 June 2026 · Daily Guide →