GoldBod must bear the cost – Small-scale miners back higher operational costs to protect jobs

The Association of Small-Scale Miners has backed GoldBod’s decision to bear the higher operational costs of refining gold locally, arguing that the policy could deliver broader benefits to Ghana’s economy and employment.

Communication Director of the Association, Abdul Razak Alhassan, said the cost of refining must be weighed against the broader benefits of keeping more value from Ghana’s gold in the country.

GoldBod entered into a local refining arrangement with Gold Coast Refinery earlier this year, with plans to refine one metric tonne of gold per week.