Ghana’s small-scale gold export sector has raked in more than US$8 billion in foreign exchange between January and October 15, 2025, according to new data from the Ghana Gold Board (GoldBod) and the Precious Minerals Marketing Company (PMMC).
Figures released by GoldBod indicate that small-scale miners exported 81,719.23 kilograms of gold within the period, valued at US$8.06 billion.
This represents a sharp rise from US$4.61 billion in 2024 and almost four times the US$2.19 billion recorded in 2023.
The data reveals a steady upward trajectory in both the volume and value of gold exports over the past three years, highlighting improved regulation, transparency, and compliance within Ghana’s small-scale mining sector.
Notable monthly performances were seen in May (US$1.17 billion), June (US$957.9 million), and April (US$897.6 million), underscoring the sector’s strong output during the second quarter of the year.
GoldBod credited the impressive results to its ongoing partnership with PMMC and enhanced oversight of small-scale gold exports.
According to the agency, the collaboration has been key to curbing illicit gold trade and ensuring that export proceeds are fully repatriated into Ghana’s economy.
The surge in export revenue is expected to strengthen Ghana’s foreign reserves and bolster the nation’s economic recovery efforts.
Source: Adomonline