Christian Council Visits GoldBod to Understand Operations and Gold Sector Reforms

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.