The Chief Executive Officer of the Ghana Gold Board (GoldBod), Sammy Gyamfi, has announced that small-scale gold exports between January and August 2025 reached 66.7 tonnes, valued at approximately $6.3 billion.
Speaking at the maiden Mining and Minerals Convention in Accra on Tuesday, September 9, Mr. Gyamfi noted that these figures surpass the total small-scale export output for 2024, which stood at 63 tonnes, valued at $4.6 billion.
He attributed the record performance to GoldBod’s collaboration with the Bank of Ghana and reforms aimed at improving accountability, curbing smuggling, and ensuring fair pricing for small-scale miners.
“From January to the end of August 2025, small-scale gold exports facilitated by GoldBod, in close cooperation with the Bank of Ghana, hit a record 66.7 tonnes, valued at approximately $6 billion. This volume and value have already exceeded the total small-scale gold export output for the whole of 2024, which stood at 63 tonnes, valued at $4.6 billion,” he said.
Mr. Gyamfi added that small-scale exports have also surpassed those of the large-scale mining sector, which exported 65.1 tonnes, valued at about $5.6 billion during the same period.
“In support of gold reserve accumulation by the Bank of Ghana, GoldBod has initiated the local purchase of 20% of the output from seven large-scale mining companies. So far, we have locally purchased and supplied nearly 100 kilograms of large-scale gold to the BoG to bolster national reserves,” he explained.
Source: AdomOnline
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