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The GOLDBOD Technical Committee, led by the Acting Managing Director of the Precious Minerals Marketing Company (PMMC), Sammy Gyamfi, has successfully engaged stakeholders in Tarkwa on the establishment of the GoldBod.
The session, held on Monday, brought together small-scale miners, gold dealers, bullion traders, and jewellers from the Western Region, who were sensitised on the purpose, objectives, and functions of the soon-to-be-established GoldBod.
The discussions were highly interactive, with participants expressing strong support for President John Dramani Mahama’s vision to establish the GoldBod.
Many described the initiative as the "game-changer" they had been anticipating, noting that it would bring much-needed structure and transparency to Ghana’s gold trading sector.
The engagement also focused on how stakeholders can cooperate with the GoldBod to ensure its successful implementation.
Sammy Gyamfi and the Technical Committee acknowledged the valuable contributions of various industry groups, including the Ghana National Association of Small-Scale Miners, the Concerned Small-Scale Miners Association, the Chamber of Bullion Traders, the Gold Dealers Association, and the Jewellers Association.
“Their patriotism and commitment to this national initiative have been remarkable, and we are grateful for their input,” he stated.
When fully operational, the GoldBod is expected to revolutionise gold trading in Ghana, optimising national benefits through enhanced foreign exchange mobilisation and gold reserve accumulation.
According to the Technical Committee, this will help stabilise the Ghanaian cedi and strengthen the broader economy. The initiative aims to eliminate inefficiencies in the sector, ensuring that Ghana derives maximum value from its mineral resources.
The stakeholder engagement in Tarkwa is one of several ongoing consultations aimed at gathering industry perspectives and refining the operational framework of the GoldBod.
As momentum builds towards its establishment, stakeholders remain optimistic that the initiative will transform Ghana’s gold trade, enhance accountability, and contribute significantly to the country's economic resilience.

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