President John Dramani Mahama has described the newly inaugurated Gold Board Security Task Force as a strategic instrument in Ghana’s broader economic transformation agenda.

Speaking at the inauguration ceremony on Tuesday, 8th July, President Mahama stated that the Task Force goes beyond being a mere security outfit.

According to him, it represents a purposeful national effort to restore integrity, accountability, and value to the country’s gold sector.

"This Task Force is not just a security initiative, it is a strategic arm of a national economic transformation project, purposefully designed to restore integrity, accountability, and value to Ghana’s gold sector," he said.

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He added "The inauguration of the Ghana Gold Board (GOLDBOD) Task Force marks a critical step in fully operationalizing the Ghana Gold Board Act, 2025 (Act 1140), which I assented to earlier this year. Today, we move from policy to implementation."

The president emphasised that the gold industry remains a critical pillar of Ghana’s economy, but persistent challenges such as illegal mining, smuggling, and regulatory lapses have eroded its potential.

He expressed confidence that the Task Force, under the supervision of the Gold Board, will help sanitise the industry and ensure that the nation derives full benefit from its mineral wealth.

The Gold Board Security Task Force is expected to work in collaboration with the Minerals Commission, the Ghana Armed Forces, the Police, and other relevant institutions to clamp down on illegal activities and enforce compliance across the gold value chain.