Ghana tightens gold exports in push to keep more value at home
Gold undergoes processing at a refinery in Ghana, where raw dore is transformed into a more refined form [Courtesy of Ghana GoldBod]The board said the directive was intended to strengthen regulation while retaining more domestic value through refining and other forms of value addition.
Gold bars at a refinery in Ghana, as the country moves to expand local processing and retain more value from its gold exports [Courtesy of Ghana GoldBod]“In the entire value chain between refining and raw processed gold, the cost in between is a lot of margins.
Ghana’s refining capacityGhana has four licensed gold refineries, including Gold Coast Refinery and Royal Ghana Gold Refinery.
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