Ghana’s Gold Board (GoldBod) will establish full traceability for all purchased gold by September 2025, Acting CEO Sammy Gyamfi announced at the Mining in Motion 2025 Summit in Accra.
This system will track every gram to its source mine, addressing current limitations in detecting illegally mined gold.
Speaking during a summit panel on responsible sourcing, Gyamfi reaffirmed GoldBod’s zero-tolerance policy toward illicit gold while acknowledging existing traceability gaps. “We don’t buy illegally mined gold. But currently, we cannot know all gold sources due to technology limitations,” he stated. The new digital tracing solution will enable strict sourcing controls to ensure only responsibly mined gold enters Ghana’s formal supply chain.
Gyamfi clarified implementation will be phased, with full enforcement taking three to five years. “By September, traceability becomes operational. Within 3-5 years, we’ll enforce policy rejecting all untraceable gold,” he explained. The commitment responds to long-standing concerns about unregulated artisanal mining’s environmental and economic impacts.
The announcement was welcomed by policymakers and investors at the sustainability-focused summit, highlighting how traceability could strengthen ecosystem protection and market confidence.
