Also known as: PMMC
Precious Minerals Marketing Company — government agency that traded gold and precious minerals, succeeded by Ghana Gold Board in 2025.
Verbatim sentences from the source article.
Joy Online
… The court found that Sesi-Edem had obtained a gold trading licence from the Precious Minerals Marketing Company in August 2024, valid until August 2025, and had also secured authorisation under a government agreement. …
CID clears Sesi-Edem, Council of State member in $14.3m gold deal probeSammy Gyamfi, CEO of the Ghana Gold Board, says the agency operated as a buying agent for the Bank of Ghana in 2025 and was entitled to fees similar to those paid to the Precious Minerals Marketing Company. GoldBod reduced its fees from 0.75 per cent to 0.6 per cent in October 2025, then to 0.35 per cent in January 2026, and ended the programme in February 2026.
10 August 2026 · Joy Online →
Sammy Gyamfi, CEO of the Ghana Gold Board, says the agency operated as a buying agent for the Bank of Ghana in 2025 and was entitled to fees similar to those paid to the Precious Minerals Marketing Company. GoldBod reduced its fees from 0.75 per cent to 0.6 per cent in October 2025, then to 0.35 per cent in January 2026, and ended the programme in February 2026.
10 August 2026 · Joy Online →
The CEO of Ghana Gold Board says President Mahama's administration has "reset" Ghana's gold sector through reforms strengthening local refining and value addition, including establishing an LBMA refinery called Gold Coast. The Ghana Gold Board, established in 2025 as a flagship economic initiative, was created to restructure trading of gold and precious minerals.
9 August 2026 · Joy Online →
Ghana's Parliamentary Select Committee on Economy and Development visited the Ghana Gold Board to assess its operations and contribution to economic recovery through gold trading and foreign exchange mobilisation. CEO Sammy Gyamfi presented the Board's transformation from PMMC and outlined reforms including a planned gold traceability system procurement.
22 July 2026 · The Chronicle →
Former Precious Minerals Marketing Company CEO Nana Akwasi Awuah says he declined several award offers during his tenure because they required financial commitments disguised as sponsorship arrangements, preferring instead to focus on meaningful service and employee recognition.
8 June 2026 · Joy Online →
Former Chief Executive Officer of the Precious Minerals Marketing Company, Nana Akwasi Awuah, disclosed that he routinely rejected award offers that came with financial sponsorship obligations during his tenure. He argued that genuine recognition should come from employees and citizens impacted by leadership rather than from award schemes requiring financial commitments.
8 June 2026 · Joy Online →
Ghana Gold Board (GOLDBOD) reported a surplus of over GH¢5.4 billion in 2025 after assaying 103.8 metric tonnes of artisanal and small-scale gold and 101 metric tonnes of large-scale gold, but the same programme created a GH¢9.05 billion net loss at the Bank of Ghana, worsening the central bank's financial position.
4 May 2026 · Joy Online →
The Ghana Gold Board increased non-tax revenue from GH₵307.7 million in 2024 to GH₵970.8 million in 2025, while simultaneously reducing total expenditure from GH₵129.7 million to GH₵109.4 million, generating an operational surplus of GH₵909.8 million despite expanding its workforce from 114 to 450 employees following its transition from the defunct Precious Minerals Marketing Company.
29 April 2026 · Joy Online →
Ghana Gold Board expanded its workforce from 114 employees under PMMC in 2024 to 450 in 2025 as part of institutional transformation, while reducing expenditure from 129.7 million to 109.4 million.
29 April 2026 · Joy Online →
The Ghana Gold Board's 2025 audited accounts show revenue increasing from GH¢307.7m to GH¢970.8m while expenditure fell to GH¢109.4m, resulting in an operational surplus of GH¢909.7m despite expanded responsibilities.
29 April 2026 · Joy Online →
The Ghana Gold Board recorded total revenue of GH¢5.55 billion and an operational surplus of GH¢5.45 billion in 2025, representing a significant improvement from the prior year when surplus after exceptional items was GH¢185.34 million. Revenue was supported by GH¢4.54 billion in government seed capital for gold purchasing and trading, along with GH¢983.96 million in non-tax revenue including ASM gold aggregation fees and assay fees.
29 April 2026 · Joy Online →
The Criminal Investigations Department has exonerated Sesi-Edem Company Limited and its directors, including Dr Gabriel Tanko Kwamigah-Atokple, of criminal wrongdoing in relation to a $14.315 million gold transaction involving allegations that JG Resources Limited received payment but failed to deliver the full amount of gold.
29 April 2026 · Joy Online →