The Ghana Gold Board (GoldBod) will roll out a blockchain-based Track and Trace system by the end of 2026 to verify the origin of every gram of gold purchased and exported. CEO Sammy Gyamfi announced the initiative at the 2025 Dubai Precious Metals Conference, saying it will boost Ghana’s efforts to formalise the artisanal and small-scale mining (ASM) sector and curb illegal mining.
Under the new system, all licensed mines will undergo regular compliance audits to prevent them from serving as fronts for illegal operators. GoldBod says the technology will enhance transparency, support responsible sourcing and align Ghana’s gold trade with global standards. The reforms form part of a broader push to fight gold smuggling, tighten regulatory oversight and promote sustainable mining.
Mr Gyamfi also confirmed ongoing enforcement efforts, including arrests of illegal gold traders and investments in an ISO-certified assay lab to modernise gold testing. He urged international bodies such as the DMCC, OECD, LBMA and World Gold Council to support developing countries in adopting sustainable mining reforms.
GoldBod has additionally declared full support for the National Anti-Illegal Mining Operation Secretariat (NAIMOS) in its intensified crackdown on galamsey. Mr Gyamfi said no amount of gold is worth the environmental destruction and loss of life associated with illegal mining. He condemned the pollution of river bodies, forest degradation and dangerous chemical contamination linked to unregulated operations.
Through its mandate under the GoldBod Act, the Board is pushing for responsible mining practices that balance economic gains with environmental protection. The message to illegal miners, Mr Gyamfi stressed, is clear: the era of impunity is ending, and the country’s natural resources will be protected.
Story by Doe Benjamin Kofi Lawson