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Wednesday, December 31, 2025

No $214m loss under Gold Programme – GoldBod CEO sets record straight

Sammy Gyamfi has rejected claims that Ghana recorded losses under the gold-for-reserves programme, insisting that the Ghana Gold Board has not suffered any financial setback since it began operations.

“First and foremost, the Ghana Gold Board has made no losses. Rather, the GoldBod has made a significant profit or surplus under its gold trading programmes in the year 2025,” the Chief Executive Officer said, dismissing reports suggesting a US$214 million loss as inaccurate and misleading.

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