Gold sector reforms: The Gold Board is targeting 127 tonnes of artistanal gold annually over the next three years, building on record production in 2025.

Gold sector reforms: The Gold Board is targeting 127 tonnes of artistanal gold annually over the next three years, building on record production in 2025.

Ghana Targets 127 Tonnes of Artisanal Gold in Bold Sector Reforms

Ghana’s Gold Board has unveiled an ambitious reform agenda aimed at boosting the country’s artisanal gold production to 127 tonnes annually over the next three years. This initiative builds on Ghana’s record output in 2025 and reflects a strategic effort to strengthen the nation’s position as a leading player in the global gold market.

As part of the reforms, the Board has announced plans to conduct weekly purchases of 2.45 tonnes of gold, a move designed to stabilize national reserves and ensure consistent supply. By formalizing artisanal mining and integrating it into the broader economic framework, the program seeks to enhance transparency, reduce smuggling, and maximize revenue for both the state and local communities.

Officials emphasized that the reforms are not only about increasing production but also about creating a more sustainable and regulated mining environment. The Gold Board is working closely with miners, cooperatives, and regional authorities to implement best practices that safeguard the environment while improving livelihoods. This approach is expected to transform artisanal mining from an informal activity into a structured contributor to Ghana’s economic growth.

The initiative signals Ghana’s determination to leverage its mineral wealth for long-term development. By combining production targets, reserve stabilization, and regulatory oversight, the Gold Board is positioning the country to attract investment, strengthen fiscal stability, and reinforce its reputation as a reliable source of gold in the international market.

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