Audio By Carbonatix
The Ghana Gold Board (GoldBod) has announced a tougher nationwide crackdown on illegal gold sourcing and smuggling, following a surge in arrests involving both local and foreign traders.
The CEO of GoldBod, Sammy Gyamfi, said the institution is escalating enforcement efforts to sanitize the gold market and protect the country’s mineral revenue.
Mr Gyamfi disclosed that a dedicated Task Force has been deployed across mining regions to ensure strict compliance with national regulations.
“This Task Force is operating with the fierceness and ruthlessness required to clean up the industry,” he said.
He revealed that several individuals arrested in recent operations are already facing prosecution in Ghana’s courts.
According to him, GoldBod will continue to pursue offenders aggressively. *“We are enforcing the law without fear or favour,”* he noted.
The GoldBod CEO stressed that under Ghana’s new legal regime, any attempt to export artisanal and small-scale mining (ASM) gold outside the GoldBod system constitutes smuggling.
“If you’re not buying from a large-scale mine, you must buy only from the GoldBod,” he stated.
Issuing a stern warning, Mr Gyamfi added: “If you fail to do this, the laws of Ghana will surely catch up with you.”
Latest Stories
-
UMB S.P.E.E.D. Stars lift Bankers Football Gala trophy
2 minutes -
MMFL makes strong showing at JoySports Invitational 2026
18 minutes -
MTN Media Republic, Ghana Wildlife Society embark on bird, butterfly walk
24 minutes -
Fuel Prices: Star Oil holds petrol at GH¢14.97, raises diesel to GH¢16.97
31 minutes -
DR Congo Ebola outbreak surges past 6000 cases as death toll nears 3000
38 minutes -
Telecel Ghana CEO urges mining industry to build agile people for tech-driven future
41 minutes -
Ghana Digital Centres’ loss nearly triples to GH¢6.06m as revenue falls
42 minutes -
The private school teacher crisis: A silent exodus
44 minutes -
NPC Ghana congratulates Farida Iddriss on Africa Aquatics Zone II leadership role
44 minutes -
Zanetor pledges to protect Ghana’s natural resources for future generations
46 minutes -
2024 defeat was due to demoralised base, poor preparation – Boakye Agyarko
50 minutes -
Ghana welcomes UN report backing reparations for transatlantic slavery
52 minutes -
Fidelity Bank convenes debt capital markets conference to turn Ghana’s recovery into long-term growth
52 minutes -
RTI Commission marks 2026 RTI month with focus on information integrity in digital age
54 minutes -
GoldBod now owns all the risk: What the Bank of Ghana’s exit from the Gold Programme really means
59 minutes