Ghana’s state-owned gold trading company, Goldbod, is set to commence refining gold locally before export starting October 2025. The move marks a significant step in Ghana’s efforts to increase value addition in its mineral sector and retain more revenue within the country.
By refining gold domestically, Goldbod aims to reduce reliance on foreign refineries, strengthen local capacity, and ensure greater transparency in the gold export chain. This initiative aligns with the government’s broader strategy to deepen beneficiation and enhance economic returns from the country’s vast gold resources.
The first phase of operations will target both small-scale and large-scale gold producers, with the refined gold expected to meet international purity standards for export.
