President John Dramani Mahama has revealed that Ghana earned $2.7 billion in gold exports between January and April 2025, attributing the surge to the work of the newly established Ghana Gold Board (GoldBod), headed by Sammy Gyamfi.
Speaking at the Mining in Motion Summit today June 2, 2025, at the Kempinski Hotel Gold Coast City in Accra, Mahama praised the board’s impact in streamlining the gold industry and boosting returns.
“The GoldBod has sanitised the gold sector, triggering exponential revenue from exports. It is a key reform in my administration to ensure that the proceeds from Ghana’s gold benefit the people directly.” he said
He emphasized that the collaboration between GoldBod and the Precious Minerals Marketing Company (PMMC) has already yielded significant results.
“Ghana’s gold exports through PMMC and GoldBod earned us $2.7 billion within just four months. This figure is expected to increase steadily throughout the year,” Mahama added.
The Mining in Motion Summit, held under the auspices of His Majesty Otumfuo Osei Tutu II in partnership with the Government of Ghana, brought together leaders across Africa to discuss responsible mining, sustainability, and the formalisation of artisanal and small-scale mining.
Established in 2025 under Act 1140 of Parliament, the Ghana Gold Board (GoldBod) is tasked with regulating, refining, exporting, and managing all gold and precious mineral activities in the country.
As per Section 78 of the Act, it has absorbed the responsibilities, assets, and staff of PMMC.GoldBod now serves as the sole authority for licensing individuals and entities involved in gold aggregation, trading, smelting, and refining across Ghana.