The Association of Small Scale Miners met the Chief Executive Officer of the Ghana Gold Production and Marketing Company Limited (GoldBod), Sammy Gyamfi on Tuesday, April 15, 2025, to discuss pricing mechanisms ahead of the company’s official operationalization.
The meeting focused on ensuring fair pricing for gold purchased from small-scale miners, a critical concern for sector players amid rising global gold prices and competition from illegal buyers.
The miners also presented a detailed list of equipment needs to support safer and more efficient operations, in line with GoldBod’s commitment to supporting licensed artisanal and small-scale miners across Ghana.
GoldBod is a newly established state-owned company tasked with the strategic purchase, aggregation, and marketing of gold produced in Ghana, particularly from the small-scale mining sector.
It was launched as part of broader efforts to formalize gold trade, combat smuggling, and enhance the country’s gold reserves.
The company is also mandated to offer technical and logistical support to licensed miners, helping them transition into more environmentally responsible and economically viable operations.
Tuesday’s engagement signals a collaborative approach as GoldBod begins full-scale operations aimed at centralizing gold trade, improving transparency, and increasing state revenues from Ghana’s gold-rich small-scale mining industry.