Govt’s Gold Board to regulate industry, help stabilise cedi.

The government’s initiative to establish the Ghana Gold Board (GoldBod) aims not only to enhance regulation in the small-scale mining sector but also to rejuvenate Ghana’s gold industry, boost foreign exchange earnings, and support the stabilization of the local currency.

Acting Managing Director of the Precious Minerals Marketing Company (PMMC), Sammy Gyamfi, is set to play a pivotal role in advancing these objectives.

Sammy Gyamfi assumes leadership of PMMC, succeeding the outgoing Managing Director, Nana Akwasi Awuah. With a strong legacy of excellence and responsibility to uphold, he steps into this position at a time when Ghana’s mineral sector offers significant potential for driving economic transformation.

As the legally mandated entity for grading, valuing, processing, buying, and selling precious minerals in Ghana, PMMC boasts state-of-the-art technology and unparalleled expertise in assessing the purity of gold, diamonds, and other precious metals.

Among Sammy Gyamfi’s immediate priorities is leading the establishment of the Ghana Gold Board (GoldBod), a key initiative of President John Dramani Mahama’s administration.

This ambitious project seeks to revolutionize the sustainable management and marketing of Ghana’s gold resources while formalizing the small-scale gold mining sector, a vital component of the country’s mining industry.