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
-
Frequent breakdown of presidential jet forced interim use of brother’s aircraft – Felix Ofosu Kwakye
13 seconds -
Mother calls for thorough probe into daughter’s death at Adawso
11 minutes -
World Bank Group MD to visit Ghana and Liberia
12 minutes -
Automated Road Traffic Law set for passage by end of March
19 minutes -
Ghana to use automated technology to catch traffic offenders in real-time
23 minutes -
Two robbery suspects killed as police dismantle gang on Obuasi–Dunkwa highway
41 minutes -
Mahama’s use of brother’s jet not permanent, it’s due to lack of reliable state aircraft – Felix Ofosu Kwakye
1 hour -
GACL terminates Fixed Base Operation agreement with McDan Aviation over persistent debt
2 hours -
I’ll be surprised if Ghanaians think Mahama using his brother’s jet comes at no cost to the state – Asafo-Adjei
3 hours -
PassionAir announces Kumasi route disruptions, apologises to passengers
3 hours -
Police dismantle armed robbery gang on Obuasi–Dunkwa highway
3 hours -
Ghana could face security risks amid international intelligence cooperation – Bosome Freho MP warns
3 hours -
UK troops at Iraq base shot down Iranian drones, Healey says
3 hours -
Nineteen jailed over deadly Moscow concert attack
3 hours -
Women urged to lead responsible water use as Ghana battles water pollution
3 hours