The Ghana Gold Board (GoldBod) has firmly dismissed reports linking it to Strategic Mobilisation Ghana Ltd. (SML), stating that it has no dealings, contract, partnership, or relationship whatsoever with the company.

Describing the claims as “completely false,” the Board urged the public to treat such reports with the utmost contempt.

In a statement issued on Thursday, 15 May 2024, GoldBod emphasised its commitment to transparency and responsible governance in Ghana’s gold sector. It also warned against attempts to mislead the public through misinformation.

This clarification comes amid broader confusion surrounding the role of SML in Ghana’s extractive industries.

In a separate but related development, the Ghana Revenue Authority (GRA) has also firmly denied reports suggesting that SML has been authorised to resume or expand its revenue assurance role in the upstream petroleum and solid minerals sectors.

According to a press release from the GRA’s Communication and Public Affairs Department, media publications on Wednesday, 14 May 2025, including reports in the Business and Financial Times and Graphic Online, incorrectly stated that SML had launched an expanded oversight mandate.

The GRA clarified that no such directive has been issued. It reiterated that SML’s operations in both the petroleum and solid minerals sectors remain suspended, a decision enacted in April 2024 and still in effect, pending further review.

“GRA has not instructed SML to activate or resume operations under the 2023 Consolidation of Revenue Assurance Services Contract covering those sectors,” the statement read.

Both agencies, GoldBod and the GRA, reaffirmed their dedication to upholding transparency, integrity, and the protection of national interests in the management of Ghana’s natural resource revenues.