Highlights
Ghana Gold Board confirms increased exports from artisanal and small-scale mining
Regulatory measures aim to reduce illicit trade and improve traceability
ASX 200 observes global mining updates amid sectoral shifts
The gold sector in Ghana has seen notable activity in recent months, contributing to broader developments that have captured attention across global mining markets. On the back of growing artisanal and small-scale mining (ASM) outputs, Ghana’s regulatory body, the Ghana Gold Board, has expanded its role in the export of gold. The move comes amid efforts to regulate the sector and curb illicit trade.
These advancements occur as global markets, including the ASX 200, continue tracking mining-related progress in key regions. The Ghana Gold Board, the exclusive entity overseeing gold trade in Ghana, has played a pivotal role in reinforcing export compliance.
Export Milestone Driven by Artisanal and Small-Scale Mining
During the recent Mining in Motion 2025 Summit, Ghana Gold Board’s Managing Director shared updates indicating that ASM operations had exceeded large-scale mining activities in terms of gold exports over a recent multi-month period. This shift marked a milestone in Ghana’s resource sector, with export volumes from ASM sources reaching record highs.
The data reflects a broader trend of increasing formalisation within the ASM community. Stakeholders have emphasised that structured engagement with small-scale miners may lead to enhanced outcomes for both the economy and the environment.
Regulatory Measures to Strengthen Oversight and Traceability
In response to the rise in ASM-driven gold exports, the Ghana Gold Board has introduced a suite of initiatives aimed at enhancing oversight and operational transparency. These include a skills training program set to launch later this year, focused on empowering miners with safety, compliance, and sustainability practices.
Further, the establishment of an anti-smuggling taskforce will serve to reinforce legal export routes. Another key measure involves the rollout of a gold tokenisation facility, designed to improve traceability across the supply chain. By aligning traceability with digital tools, the Ghana Gold Board seeks to improve resource accountability from source to shipment.
Initiatives Target Community and International Standards
Efforts also extend to supporting the Community Mining Scheme, backed by Ghana’s Ministry of Lands and Mineral Resources. This scheme aims to integrate local mining operations into the formal economy, offering a regulatory framework that complements national goals.
Additionally, the Ghana Gold Board announced plans for an international standardisation facility, scheduled to open by 2026. This facility is expected to align local gold production with internationally recognised sustainability benchmarks. The aim is to reinforce responsible sourcing across the value chain and solidify Ghana’s reputation in the global market.
Global Mining Observers Monitor Shifts in Resource Trade
As regulatory advancements unfold in Ghana, global market participants, including those observing the ASX 200, remain attuned to international trends. Commodity price movements and export data from leading gold-producing nations contribute to broader market sentiment across mining and materials sectors.