Ghana purchased and exported a total of 41 tons of gold worth USD 4 billion, from the country’s artisanal and small-scale mining sector, in the period between February and May 2025.
The Managing Director of Ghana Gold Board, Sammy Gyamfi, told the delegates during the Mining in Motion 2025 Summit taking place in Accra.
This indicates that, small scale miners in Ghana produce gold worth USD 1 billion per month.
Gyamfi explained that gold purchasing and exportation in his country was made through the newly established Ghana Gold Board, aimed at curbing illicit gold trading in Ghana.
“Gold exports from artisanal and small-scale mining (ASM) players have exceeded exports from the large-scale sector for the first time. Total gold exported from the ASM sector between February and May reached a new record of 41 tons,” the Ghanaian Gold Board Director stated.
According to Gyamfi, the milestone has increased foreign currency contributed by the ASM sector for the government with in May 2025 alone the sector producing and exporting 11 tons of gold worth up to USD 1.172 billion in export revenue.
“The data shows the potential of the artisanal and small-scale miners if the ASM sector was properly tapped,” he added.
The official also announced various upcoming initiatives aimed at empowering the ASM sector and its contribution to gold sector expansion while addressing illicit mining.
These include launching an ASM skills training program in September 2025 and investments in the Community Mining Scheme operated by the Ministry of Lands and Mineral Resources.
The Ghana Gold Board is also expected to launch an Anti-Smuggling Taskforce to address illicit export of gold and a gold tokenization facility to maximize traceability of Ghanaian resources.
In addition, the Gold Board intends to establish an international standardization facility in Ghana by 2026 to ensure responsible sourcing and sustainability across the entire gold value chain throughout the country.