Audio By Carbonatix
a. Through the exercise of its exclusive rights over the ASM gold sector and its centralized market regulation and enforcement powers, the GoldBod has been able to introduce licensing reforms and deployed effective aggregation systems and antismuggling controls, to mop up unprecedented volumes of ASM gold (over 103 tons) in 2025.
b. Additionally, the GoldBod buys 20% of the gold output of nine (9) large scale mining companies in the country for the BoG.
This gold is added to the gold reserves of the country.
c. The defunct PMMC had no such powers and played no such role under the G4R programme in previous years. PMMC was simply one of BoG’s Aggregators under the G4R programme.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Nkaseim robbery: Police place GH¢50k bounty on wanted suspect Hoyeefi
11 minutes -
Rotary Club of Accra-East empowers 40 women through Zongo Boot Camp
34 minutes -
NDC congratulates NPP on peaceful presidential primary
1 hour -
Nana Oye Bampoe Addo marks 60th birthday with call for stronger support for persons with disabilities
1 hour -
Minority vows tough scrutiny of NDC gov’t after NPP primary
1 hour -
Photos: Bawumia wins NPP presidential primary
2 hours -
Unity, not slogans, will return NPP to power – Minority
2 hours -
Wa East MP invests over GH¢250,000 in tertiary scholars to bridge skills gap
3 hours -
Minority congratulates Bawumia, says victory is clear mandate for 2028
3 hours -
We’re far advanced with establishment of Women’s Bank – Mahama
3 hours -
I’m not asking you to stay nor leave, but I’ll be back – Bernard Elbernard tells congregation after botched NPP prophesy
4 hours -
NPP victory 2028: Is it time for Prof. Akosua Dickson’s experiment?
4 hours -
SHS students clash damages 3,955 seats at Baba Yara Stadium
4 hours -
NPP Legal Directorate congratulates Bawumia on flagbearer victory
4 hours -
Police arrest five suspects over armed robbery attack in Ahafo Region
4 hours