Ghana’s gold exports have seen an upward trend
The Ghana Gold Board (GoldBod) in its latest quarterly report has announced that a total of 26,153.98 kilogrammes of gold, valued at approximately $2.76 billion, was aggregated from the Artisanal and Small-Scale Mining (ASM) sector during the third quarter of 2025.
This amounts to over US$5.4 billion in export and aggregation terms.
In addition, the Gold Board acquired 119.78 kilogrammes of gold from Large-Scale Mining (LSM) companies for the Bank of Ghana’s reserves, estimated at US$11.82 million.
This initiative forms part of the government’s broader strategy to strengthen Ghana’s gold-backed reserves and enhance national economic stability.
According to the board’s export performance, the report highlighted strong figures across both ASM and LSM categories.
ASM exports for the period stood at 25,780.60 kilogrammes, valued at US$2.71 billion, while LSM exports accounted for 24,911.21 kilogrammes, valued at US$2.43 billion.
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The board also reported progress under the new tiered licensing regime, designed to improve compliance and streamline operations in the gold trade.
A total of 577 licences were processed and issued during the quarter, the report said.
The Chief Executive Officer of the Gold Board, Sammy Gyamfi, noted that the institution continued to demonstrate strong performance and leadership in the sector.
“The Ghana Gold Board maintained steady progress in regulatory enforcement, gold aggregation and export, licensing and compliance, and inter-agency collaboration aimed at formalising Ghana’s gold value chain,” the report stated.
Overall, the Ghana Gold Board underscored significant achievements in gold aggregation, export performance, reserve accumulation, and licensing compliance, reinforcing its role in strengthening Ghana’s mining sector and economic resilience.
SP/AE
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