The Ghana Gold Board(GoldBod) will, from Monday, 2 February, embark on an enforcement exercise to clamp down on the activities of unlicensed jewellery manufacturers, fabricators and gold refineries across the country, an official statement has said. The move follows the 31 December deadline for the licensing process for Jewellery and Fabrication Licences as well as …
GoldBod to crack down on unlicensed gold refineries and fabricators from 2 Feb
The Ghana Gold Board(GoldBod) will, from Monday, 2 February, embark on an enforcement exercise to clamp down on the activities of unlicensed jewellery manufacturers, fabricators and gold refineries across the country, an official statement has said.
The move follows the 31 December deadline for the licensing process for Jewellery and Fabrication Licences as well as Refinery Licences.
As a result, all existing and previously issued licences by the Ministry of Lands and Natural Resources for gold refinery and fabrication operations are no longer valid under the new law.
In a statement issued on Thursday, 29 January, the Ghana Gold Board (GoldBod) warned that individuals or entities operating gold refineries or jewellery fabrication businesses without a valid licence after the deadline will be dealt with in accordance with the law.
The new licensing regime forms part of GoldBod’s mandate under the Ghana Gold Board Act, 2025 (Act 1140), which seeks to formalise downstream gold value addition, strengthen regulatory compliance, and promote sustainable growth within the gold industry.
