The Ghana Gold Board (GoldBod) has suspended the licence of Evanex Gold Enterprise, a licensed Tier 2 gold buyer, with immediate effect.
The regulator said investigations revealed that the company engaged in illegal gold pricing practices, violating the conditions under which its licence was issued.
In a statement released on Thursday, August 28, GoldBod directed all licensed traders, miners, and members of the public to refrain from conducting any gold-related transactions with the firm.
“This notice serves as a directive to all traders, miners, and the general public to immediately desist from trading or engaging in any gold transaction with Evanex Gold Enterprise,” the statement read.
GoldBod described the violations as serious and warned that further infractions by any operator in the sector would attract similar penalties.
The regulator reaffirmed its commitment to accountability and transparency in Ghana’s gold industry, assuring stakeholders of strict enforcement to maintain a fair and credible trading environment.
Read the full statement below:
Source: Adomonline
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