Business News of Friday, 23 October 2026

Source: www.ghanaweb.com

'Formalise unlicensed miners instead of chasing them with soldiers' – Gyamfi

Sammy Gyamfi is the CEO of GoldBod Sammy Gyamfi is the CEO of GoldBod

The Chief Executive Officer of the Ghana Gold Board (GoldBod), Sammy Gyamfi, has said illegal small-scale miners operating outside water bodies, forest reserves and other prohibited or dangerous locations should be supported to obtain licences rather than being chased away by soldiers.

In a post on X sighted by GhanaWeb Business, Gyamfi explained that the government intends to help such miners formalise their operations through the Responsible Cooperative Mining and Skills Development Programme (rCOMSDEP), which seeks to promote responsible mining.

However, he stressed that three forms of illegal mining cannot be tolerated: mining that pollutes or threatens water bodies, mining in forest reserves, and mining in dangerous or prohibited locations, including roadsides, school lands and residential areas.

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According to him, miners operating outside these prohibited areas may qualify for government support to obtain the necessary licences and permits, as well as training to enable them to operate legally.

“I maintain that formalizing such unlicensed ASMs is a better approach than chasing them with soldiers,” he stated.

Gyamfi also rejected claims arising from a short video circulating on social media, arguing that the footage had been deliberately edited to exclude important parts of his explanation of the government’s plans to regulate small-scale mining.

He explained that bringing unlicensed artisanal and small-scale miners (ASMs) into the formal mining sector would enable the government to monitor their activities and ensure that gold production is properly recorded.

Speaking at the Mining in Motion Summit 2026, he said mining regulations should not focus solely on arresting offenders but should also help miners acquire the necessary skills, access financing and operate responsibly.

He further announced that GoldBod would introduce an Artisanal and Small-Scale Mining Formalisation and Financing Support Programme (FFSP) next year, in partnership with the Ministry of Lands and Natural Resources, the University of Mines and Technology and Rand Refinery.

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The initiative is expected to promote responsible gold production, create jobs, increase government revenue and reduce environmental damage.

It is also intended to help more Ghanaians benefit from the country’s mineral resources while encouraging small-scale miners to operate within the law.




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