Audio By Carbonatix
Policy analyst and natural resource governance advocate, Dr. Steve Manteaw, has strongly refuted claims by Prof. Stephen Addae that the establishment of the Ghana Gold Board (GoldBod) effectively legalizes illegal mining, popularly known as galamsey.
Describing the assertion as “mischievous,” Dr. Manteaw said Prof. Addae’s comments reflect a clear misunderstanding of the purpose, mandate, and regulatory framework underpinning GoldBod’s creation.
According to him, the allegations suggest a lack of familiarity with the GoldBod Act, which sets out stringent measures to prevent illegally mined gold from entering the country’s official supply chain.
Dr. Manteaw revealed that the Gold Board is already considering proposals for a comprehensive gold traceability system, a core legal requirement under its establishing Act.
This system will document the movement of gold from the mine site to the final market, an approach specifically designed to eliminate opportunities for illegal gold to be laundered into the formal market.
“How can an Act that mandates a full traceability framework, including documentation of custody from mine head to market, be interpreted as an attempt to legalize galamsey?” he questioned.
He further stressed that the Board’s policies and operational tools are aligned with international standards, including OECD guidelines on Responsible Mineral Sourcing and Financial Action Task Force (FATF) rules on customer due diligence.
These globally recognised frameworks aim to strengthen transparency and curb illicit mineral trade.
“Again, how can an entity whose processes are aligned with global due-diligence norms be described as one intended to legalize galamsey?” Dr. Manteaw added.
Expressing disappointment, he described Prof. Addae’s comments as “pedestrian” and unbecoming of a senior academic. He urged critics to acquaint themselves with the provisions of the GoldBod Act to avoid misleading the public on such critical national matters.
Latest Stories
-
Mahamud Iddi wins TCL Electronics worth GH¢100,000 in EGL’s Akye3de3 Kese3 Promotion
2 hours -
Lands Minister, NAIMOS mourn fallen soldier killed during anti-galamsey operation in Obuasi
3 hours -
Ghana Impact Project donates $20k to restore mobility for children
3 hours -
JoyNews’ Kwaku Asante named Best Radio and TV Journalist in Parliamentary Reporting
4 hours -
Education Ministry updates EMIS indicators to strengthen ICT integration in schools
4 hours -
Interior Ministry declares Christmas, Boxing Day and New Year’s Day public holidays
5 hours -
President Mahama directs Finance Ministry to disburse $78m for completion of Takoradi–Agona-Nkwanta road
5 hours -
Interior Minister lauds NIA staff for dedication, pledges continued government support
5 hours -
First Atlantic Bank will run a “proper and decent business” to protect shareholder value – CEO
5 hours -
First Atlantic Bank targets African expansion as IPO strengthens capital, governance
6 hours -
First Atlantic Bank CEO attributes IPO and GSE listing decision to renewed confidence in Ghana’s economy
6 hours -
GPL 2025/26: Bechem United end All Blacks 6-game unbeaten run
6 hours -
Eggs fly off shelves as shoppers throng The Multimedia Group’s X’mas Egg Market on final day
7 hours -
Bankable energy: Why Africa’s downstream sector is the next global investment frontier
7 hours -
Working Capital Management: Do’s and don’ts to consider for 2026
8 hours
