The Ghana Gold Board (GoldBod) has signed a refinery agreement with Royal Ghana Gold Refinery as part of efforts to advance Ghana’s mineral value addition agenda. Under the agreement, GoldBod will supply up to one metric tonne of gold every week for local refining, a move aimed at increasing the value Ghana derives from its …
Ghana Gold Board signs refinery partnership with Royal Ghana Gold Ltd
The Ghana Gold Board (GoldBod) has signed a refinery agreement with Royal Ghana Gold Refinery as part of efforts to advance Ghana’s mineral value addition agenda.
Under the agreement, GoldBod will supply up to one metric tonne of gold every week for local refining, a move aimed at increasing the value Ghana derives from its mineral resources before export.
The partnership marks GoldBod’s second refinery agreement in 2026, following an earlier deal signed with Gold Coast Refinery.
Speaking at the signing ceremony, Chief Executive Officer of GoldBod, Sammy Gyamfi , reiterated President John Mahama’s commitment to ensuring that all mineral resources mined in Ghana are refined locally before export by 2030.
According to him, the initiative forms part of a broader strategy to strengthen local industrialisation and maximise economic benefits from the country’s natural resources.
The agreement is expected to help Ghana retain refining fees, recover valuable by-products from gold processing, create employment opportunities, and strengthen the country’s position as a leading gold refining hub in Africa.
The Bank of Ghana and Royal Ghana Gold Refinery also pledged their support for the initiative, describing it as an important step toward advancing Ghana’s industrialisation and economic transformation agenda.
