The CEO of the Ghana Gold Board (also known as Goldbod), Sammy Gyamfi, says his office is open to collaborations to establish the “Ghana Gold Village” – a facility fashioned after Dubai’s Gold Souk to serve as a hub for the gold jewellery trade.
Sammy Gyamfi made the comments while speaking at the Mining in Motion summit taking place in Ghana since June 2, 2025.
“Let me also say that the GoldBod is open to symbiotic partnerships to actualise President Mahama’s vision of establishing a ‘Gold Village’ in Ghana. This will serve as a hub of gold jewellery and ornaments in Africa,” he said.
The Goldbod, formerly the Precious Minerals Marketing Corporation, was established in March by an Act of Parliament. The GoldBod and its authorised subsidiaries oversee, monitor, and undertake the buying, selling, assaying, refining, exporting, and other related activities concerning gold.
At the Mining in Motion summit, Sammy Gyamfi noted that since its establishment, the Ghana Goldbod has already “chalked many successes in its operations.” The government boasts that the Goldbod initiative has earned Ghana $2.7 billion between January and April.
Goldbod CEO Sammy Gyamfi says various upcoming initiatives are aimed at empowering the sector to address illicit mining. These include launching an Artisanal Small-scale Mining 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 will also launch an Anti-Smuggling Taskforce to address the illicit export of gold and a gold tokenization facility to maximize traceability of Ghanaian resources.
The board also plans to establish an international standardization facility in the country by 2026 to ensure responsible sourcing and sustainability across the entire gold value chain.