The Chief Executive Officer of the Ghana Gold Board (GoldBod), Sammy Gyamfi, has announced government plans to open the ‘Ghana Gold Village.’

This development, which will be modeled after the Dubai Gold Souk in the United Arab Emirates, is intended to serve as "a hub for gold jewellery and ornaments in Africa."

Addressing industry players at the ongoing Mining in Motion Summit in Accra on June 3, 2025, Sammy Gyamfi explained that this initiative is part of the government’s efforts to increase value addition in the country’s gold production.

"Let me also say that GoldBod is open to symbiotic partnerships to realise President Mahama’s vision to establish a ‘Gold Village’ in Ghana as a hub for gold jewellery and ornaments in Africa," he revealed.

He also highlighted other key interventions by GoldBod aimed at helping Ghana fully benefit from its gold resources.

The GoldBod CEO further disclosed plans to clamp down on smuggling and build a robust, well-coordinated gold trading sector focused on prosperity for Ghanaians.

Since its inception, the Ghana GoldBod has recorded many successes in its operations.

Speaking to the gathering, the CEO revealed that for the first time in Ghana’s history, gold exports from the artisanal small-scale mining (ASM) sector have surpassed exports from large-scale producers, marking what he described as a “defining moment” in the nation’s extractive sector.

Despite these significant achievements, Sammy Gyamfi emphasised that his organization will not rest on its laurels but will continue to work for the benefit of its partners, stakeholders, and Ghanaians at large.

“I wish to extend a warm invitation to the LBMA, the World Gold Council, the OECD, and the global investor community across the entire mining value chain to partner with Ghana in sustainable mining, responsible sourcing, and value addition to achieve the best mutual outcomes.

“Ghana is ready! GoldBod is prepared. Together, we can all sail to higher realms of dividends in the mining sector, where the environment is preserved, lives are improved, and communities are uplifted,” he said.

SSD/MA