President John Dramani Mahama has credited the Goldbod initiative with delivering major reforms and improved earnings in Ghana's gold mining sector, revealing that the country generated $2.7 billion from gold exports between January and April 2025 alone.
Speaking at the Global Mining Summit on Monday, June 2, the President described Goldbod as a strategic pillar of his administration's broader plan to restructure the industry and ensure that Ghanaians benefit more directly from the country's mineral wealth. "The Goldbod, a key plank in my administration strategy to reform the gold mining sector and ensure maximum benefit for Ghanaians for our gold resources, has taken off," President Mahama said. "In its short existence, it has sanitised the gold sector, ensuring maximum returns from our gold export." He noted that the impressive $2.7 billion in revenue recorded between January and April came through regulated exports managed by the Precious Minerals Marketing Company (PMMC) and Goldbod. "Ghana's gold export through the PMMC and Goldbod earns the country 2.7 billion dollars between January and April, and this figure is expected to increase exponentially throughout the year," the President added.
The Goldbod initiative, launched as part of President Mahama's push to tighten oversight and boost transparency in the gold trade, has been lauded by sector stakeholders for reducing illegal trading routes and improving state revenue.
Share this:Click to share on Facebook (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Pinterest (Opens in new window) Related Topics:Feature Advertisement You may like Urban migration fueling rent hikes and cost of living crisis - GREDA Ofori-Atta too ill to return for OSP interrogation - Lawyer Refine gold, not just dig it - Mahama to mining sector Don't try cases in the media - Elvis Darko tells OSP Wontumi drops court case over GHC 50m bail We'll support it - Minister pledges full backing for Okomfo Anokye festival Okomfo Anokye was born here, no doubt about that - Historian shuts down birthplace controversy It should have started 100 years ago - Historian on Okomfo Anokye festival It's not defiance, it's health - Ibrahim Adjei defends Ken Ofori-Atta's absence from OSP probe Click to comment Leave a Reply Cancel replyYour email address will not be published.
