Local gold refining good for economy but costs must be controlled – Economist

He therefore urged policymakers to pay close attention to the cost structure of the local refining programme while pursuing the broader objective of retaining more value from Ghana’s gold exports.

Tekper said local refining would help Ghana retain more economic value from its gold resources while creating jobs and expanding the capacity of domestic refineries.

Peter Tekper has welcomed Ghana’s mandatory local refining of gold doré before export, but cautioned against excessive refining costs that could place additional pressure on the Ghana Gold Board (GoldBod).