GoldBod Secures Worldwide Support for Ghana’s Responsible Sourcing At LBMA summit in London

The Ghana Gold Board (GoldBod) has secured strong international support for Ghana’s responsible sourcing, artisanal and small-scale mining (ASM) formalisation, traceability and value-addition agenda at the Sustainability & Responsible Sourcing Summit 2026 organised by the London Bullion Market Association (LBMA) and the World Gold Council in London.

The GoldBod was specially invited to participate in a high-level roundtable of the International Bullion Centres (IBC) Association, in recognition of Ghana’s growing strategic importance within the global gold value chain.

Representing the GoldBod at the summit, Deputy Chief Executive Officer Richard Nunekpeku presented Ghana’s GoldBod regulatory model and highlighted ongoing reforms aimed at strengthening responsible sourcing, improving traceability, promoting local refining and formalising the artisanal and small-scale mining sector.

A key outcome of the discussions was the recognition by the LBMA of Ghana’s increasing role in the international precious metals market and its commitment to exploring policy frameworks that could support greater global recognition of Ghana as a significant and responsible gold market participant.

The LBMA also expressed strong support for GoldBod’s traceability and ASM formalisation initiatives, acknowledging their importance in improving responsible sourcing practices and enhancing the integrity of Ghana’s gold supply chain.

As part of this commitment, the LBMA pledged to collaborate with GoldBod in advancing internationally aligned traceability systems, responsible sourcing standards and compliance frameworks tailored to Ghana’s artisanal and small-scale mining sector.

The LBMA further indicated its willingness to support the development of practical tools and industry best practices that will promote transparency, strengthen auditability and facilitate the gradual integration of Ghana’s ASM sector into global responsible gold supply chains.

Commenting on the outcome of the engagement, Mr. Nunekpeku noted that the discussions reflected growing international confidence in Ghana’s gold sector reforms and reinforced the country’s ambition to become a leading responsible gold-producing nation.

The engagement further positions GoldBod’s reforms within global conversations on sustainable mining, responsible mineral trade and the future of Africa’s participation in the international gold market.