Ghana's gold exports grew by 53.2% in 2024 to $11.64-billion, of which nearly $5-billion was from legal small-scale miners. Gold prices vaulted on Friday over the $3 200/oz mark for the first time.

Ghana has given foreign traders until May 1 to quit its gold trading market, paving the way for a new government-controlled body to have a monopoly on buying and selling the metal. The ...

The gold market has rallied to show signs of extreme strength during the trading session on Wednesday in the early hours. At this point in time, it does look like a market that, quite frankly ...

Ghana’s new gold industry regulator ordered all foreign players to exit the local market by the end of the month as the West African country looks to curb smuggling and streamline gold trading ...

In their place, the administration introduced the Ghana Gold Board (GoldBod), aiming to tap into the country’s resource wealth to support public finances. But are these fiscal moves sustainable? Theo ...

Ghana on Monday announced it was banning all foreigners from trading in its local gold market as part of sweeping reforms aimed at boosting foreign exchange reserves and stabilising the local ...

Starting May 1, all gold transactions must be conducted with licenses issued by the newly formed Ghana Gold Board, also referred to as GoldBod, as stated in an announcement from the organization.

Gold Fields said it has been told to cease operations and leave one of its mines in Ghana after the government rejected an application to extend the company’s lease. The Johannesburg-based firm ...

As the gold price crossed $3,200 per ounce for the first time, Ghana, a major gold producer, has officially centralized control over its gold exports under a newly established government entity.

Ghana on Monday announced it was banning all foreigners from trading in its local gold market as part of sweeping reforms aimed at boosting foreign exchange reserves and stabilising the local ...