President John Dramani Mahama has reaffirmed Goldbod’s commitment to promoting sustainable mining practices in Ghana.

Speaking at the Mining in Motion conference in Accra on Monday, June 2, 2025, President Mahama announced that Goldbod will soon implement a track-and-trace system to ensure the traceability and responsible sourcing of gold in the country.

This initiative is part of a broader effort to enhance transparency and accountability within Ghana’s gold industry.

He added that the Ghana Goldbod is actively working toward obtaining certification from the London Bullion Market Association (LBMA).

"To achieve LBMA certification, gold and silver refiners must meet strict standards, including financial robustness, advanced analytical capabilities, responsible sourcing practices, and consistent production capacity. Regular audits and proof of market experience are also required. The board’s pursuit of LBMA certification underscores our unwavering commitment to cleaning up the gold trading sector in Ghana,” he noted.

Meanwhile, the CEO of Goldbod, Sammy Gyamfi is scheduled to speak at the conference on June 3, 2025.

In a recent interview, he stressed the government's plans to track excavators to ensure they are used exclusively for legal and environmentally responsible mining operations.

These developments signal a stronger regulatory push to ensure Ghana’s mining sector adheres to international standards and supports long-term environmental sustainability

SP/AE

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