The Vice President of Ghana, Dr. Mahamudu Bawumia, has noted that the establishment of a refinery in Ghana is a strategic investment which contributes immensely to the government's efforts in ensuring value addition of Ghana's mineral resources. Currently, Ghana's gold is exported in dore form to be refined in other countries, resulting in lost revenue and missed opportunities for job creation. Between 2018 and 2023, Ghana's average annual gold production was 3.92 million ounces (122.5 tonnes). The Vice President said that the government of President Nana Addo Dankwa Akufo-Addo has been determined to make value addition a critical component of the country's export strategy since 2017 and the launch of the refinery is particularly important as it realises a key part of this vision. "Originally, this vision was to be actualised through a joint venture between the Precious Minerals Marketing Company (PMMC) and Rosy Royal Minerals Limited.