Ghana’s small-scale gold sector has posted its strongest performance yet, with exports between January and August 2025 reaching 66.7 tonnes, valued at approximately $6.3 billion, according to the Ghana Gold Board (GoldBod).
Chief Executive Officer of GoldBod, Sammy Gyamfi, announced the milestone at the maiden Mining and Minerals Convention in Accra on Tuesday, September 9. He noted that the figure has already surpassed the entire 2024 output, which stood at 63 tonnes worth $4.6 billion.
Mr. Gyamfi credited the growth to enhanced collaboration with the Bank of Ghana and recent sector reforms aimed at curbing smuggling, improving accountability, and ensuring fair pricing for small-scale miners
“From January to the end of August 2025, small-scale gold exports facilitated by GoldBod, in close cooperation with the Bank of Ghana, hit a record 66.7 tonnes, valued at approximately $6 billion. This volume and value have already exceeded the total small-scale gold export output for the whole of 2024,” he stated.
He further revealed that small-scale exports have outpaced large-scale mining, which recorded 65.1 tonnes worth $5.6 billion within the same period.
As part of efforts to strengthen the country’s reserves, GoldBod has also begun locally purchasing 20% of output from seven large-scale mining companies for supply to the Bank of Ghana. So far, nearly 100 kilograms of gold have been delivered to the central bank.
Source – My News Ghana
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