President John Dramani Mahama has praised the Ghana Gold Board for generating $5 billion in gold exports within just five months of launching operations, calling it a major achievement for Ghana’s mining sector.
During a visit to the Board’s headquarters in Accra, Mahama credited the success to reforms that have improved regulation and oversight in the small-scale mining industry. He emphasized that formalizing the sector has boosted both revenue and accountability.
“This proves that with the right policies and strong leadership, we can manage our natural resources efficiently and create real national value,” Mahama said.
The Ghana Gold Board, established to regulate and streamline small-scale gold mining, works directly with miners to ensure transparency, traceability, and compliance with environmental standards. By registering miners and monitoring exports, the Board has helped bring more of the sector into the formal economy.
Mahama, who continues to advocate for a 24-hour economy, said the Board’s performance aligns with his broader vision for inclusive economic growth.
“Small-scale mining now contributes meaningfully to our economy creating jobs, generating foreign exchange, and restoring confidence in the system,” he added.
Gold Board officials plan to expand operations and deepen collaboration with licensed miners nationwide. With global gold demand on the rise, the Board’s efforts are expected to further strengthen Ghana’s position as one of Africa’s top gold exporters.
