The acting Managing Director of the Precious Minerals Marketing Company, Sammy Gyamfi, has refuted claims that the establishment of Goldbod will enhance illegal mining activities in the country.
His remarks come in response to suggestions by Minority Leader Alexander Afenyo-Markin that the new gold-buying entity could provide an avenue for illegal miners to thrive.
Speaking in Parliament on Friday, Sammy Gyamfi reiterated his strong conviction that Goldbod, which is set to regulate the purchase and sale of gold, will rather help sanitize the sector by dealing exclusively with licensed small-scale miners.
According to him, this initiative will eliminate illegal miners, as their operations will not be recognized within the regulated framework, and any attempt to smuggle gold will be strictly dealt with.
