Christian Council Visits GoldBod to Understand Operations and Gold Sector Reforms
The Christian Council of Ghana
has paid a working visit to the Ghana Gold Board (GoldBod) to gain a deeper
understanding of the institution’s mandate, operations and interventions aimed
at transforming Ghana’s gold sector.
The delegation, led by the
Christian Council’s Director for Programmes and Advocacy, Dr. Joyce Larko
Steiner, visited the GoldBod Head Office on Monday, September 7, 2026, and
engaged the Chief Executive Officer, Sammy Gyamfi, Esq., and management on the
institution’s role in Ghana’s gold value chain.
Dr. Steiner said the Council
considered it important to develop a deeper understanding of GoldBod’s
operations, given the institution’s growing role in Ghana’s economy and the
strategic importance of the country’s gold resources.
She described Ghana’s natural
resources as a “divine endowment” that must be managed with absolute integrity,
while describing GoldBod as a “cornerstone state institution” whose operations
are central to the country’s economic stability.
The Christian Council
representative also commended GoldBod for a number of interventions across the
mining value chain, particularly its efforts to promote mercury-free gold
processing technology, plans to procure a national gold traceability system, land
reclamation initiatives and other environmentally sustainable interventions.
Dr. Steiner said the Council had
taken note of the work being undertaken by GoldBod and commended the Chief
Executive Officer and management for the institution’s efforts to reform
Ghana’s gold industry.
In his engagement with the
delegation, Mr. Gyamfi provided an overview of GoldBod’s mandate and the
rationale behind its establishment, noting that the institution was created to
enable Ghana to exercise greater control over its gold resources and maximise
the economic benefits from the entire gold value chain.
He explained that prior to the
establishment of GoldBod, the artisanal and small-scale mining (ASM) sector had
not received the level of institutional attention required to fully harness its
potential.
According to him, the fragmented
nature of the gold trading system contributed to significant leakages through
smuggling, weak foreign-exchange capture and limited formalisation of the
sector.
Mr. Gyamfi outlined GoldBod’s
ongoing efforts to formalise the ASM sector and strengthen value addition,
including plans to establish a new assay laboratory, a gold refinery and an
African Gold Village.
He further disclosed that GoldBod
is working towards the rollout of a gold tokenisation system and Sustainable
Model Mines, which are expected to deepen Ghanaian participation in the gold
value chain.
The CEO also took the delegation
through GoldBod’s financial operations and presented copies of the
institution’s 2025 Audited Financial Statements for their review.
He explained the financial
position of the institution and responded to questions from the delegation.
The visit concluded with further
discussions between the Christian Council delegation, the CEO and Directors on
GoldBod’s operations, financial performance and broader efforts to transform
Ghana’s gold industry.