Audio By Carbonatix
Ghana is preparing to roll out a blockchain-based track-and-trace system to trace every gram of gold it exports. Sammy Gyamfi disclosed that the Ghana Gold Board is far advanced in procuring the technology.
“By the end of 2026, every gram of gold purchased by the GoldBod will be traceable to its sustainable mine of origin,” he said.
He explained that the system will include compliance audits to ensure that licensed mines do not act as fronts for illegal operations.
“This is crucial to maintaining integrity across the supply chain,” he added.
Mr Gyamfi noted that the system forms a key part of Ghana’s strategy to formalise ASM and prevent illegal sourcing.
“This is how we modernise the industry while protecting the environment and promoting transparency,” he said.
Latest Stories
-
MLS bans Yeboah & Jones for betting offences
3 hours -
He called me traitor 50 times – Mourinho sent off after celebrating goal
3 hours -
Eni Aluko wins Joey Barton libel case over X posts
3 hours -
Ten players from Jamaican club denied entry to US
3 hours -
Some banks move to sell assets of PBC over GHC 300 million debt
3 hours -
Uefa fears impact of Premier League spending rules
3 hours -
EU to sign historic defence pact with Ghana in global security pivot
3 hours -
Liverpool lose to Galatasaray in Slot’s 100th game in charge
3 hours -
Iran begins laying mines in Strait of Hormuz, sources say
4 hours -
Joey Barton refused bail after ‘attack at golf club’
4 hours -
GH¢68.7bn gov’t arrears bombshell: Parliament orders probe over suspected fraud
4 hours -
The public display of students’ academic results in basic schools: A case against a damaging practice
4 hours -
GOIL jumps GH¢0.21, MTN Ghana surges past GH¢6.30 in record-breaking GSE session
4 hours -
NAIMOS disrupts illegal mining activities at Gwira Banso-Eshiem
5 hours -
Ashesi hosts Kensei Kai Foundation’s maiden Inter-University Karate Camp
5 hours