Ghana’s small-scale gold export industry has earned the country over US$8 billion in foreign exchange between January and October 15 2025.

This is noted in a new data from the Ghana Gold Board (GoldBod) and the Precious Minerals Marketing Company (PMMC).

Figures from GoldBod indicate that artisanal and small-scale miners exported a total of 81,719.23 kilograms of gold within the period, generating an estimated US$8.06 billion.

This represents a substantial rise from the US$4.61 billion recorded in 2024 and nearly four times the US$2.19 billion achieved in 2023.

The data points to a steady growth trajectory in both the quantity and value of gold exports over the past three years.

This performance has been attributed to enhanced regulation, increased transparency, and stronger compliance measures across the small-scale mining sector.

Notable monthly increases were observed in April (US$897.6 million), May (US$1.17 billion), and June (US$957.9 million), illustrating the sector’s robust performance during the second quarter of 2025.

GoldBod credited the success to its collaboration with PMMC, emphasising that the partnership has been crucial in combating illegal trading activities and ensuring that foreign earnings from gold exports are duly repatriated into the national economy.