U.S. Treasury Delegation Visits GoldBod to Explore Ghana’s Gold Sector Reforms

A delegation from the United States Department of the Treasury, accompanied by officials of the Economic Section of the U.S. Embassy in Accra, has visited the Ghana Gold Board (GoldBod) to gain insights into Ghana’s evolving gold sector reforms and the institutional measures being implemented to strengthen the country’s gold value chain.

The delegation visited GoldBod on Friday, September 18, 2026, and was received by the Deputy Chief Executive Officer, Richard Nunekpeku, Esq., together with the Director of Responsible Mining, Prof. Ishmael Quaicoe, and the Deputy Director of Mining Operations, James German.

Mr. Nunekpeku took the delegation through GoldBod’s statutory mandate under the Ghana Gold Board Act, 2025 (Act 1140), explaining the Board’s responsibilities in the regulation and development of Ghana’s gold trading ecosystem.

He also briefed the delegation on GoldBod’s role in the implementation of the Ghana Accelerated National Reserve Accumulation Programme (GANRAP), an initiative aimed at strengthening Ghana’s gold reserves and leveraging the country’s gold resources to support broader economic objectives.

The Deputy CEO further outlined a number of initiatives being pursued by GoldBod to transform Ghana’s gold industry and increase value retention within the country.

These include efforts to promote local gold refining, reform the national assay regime, develop nationwide gold traceability solutions, provide bankable geological assessments and formalise the artisanal and small-scale mining (ASM) sector.

He also highlighted measures aimed at reclaiming degraded forest landscapes and advancing responsible mining practices as part of broader efforts to improve the sustainability of Ghana’s gold production.

The engagement provided an opportunity for the U.S. Treasury delegation to gain a deeper understanding of Ghana’s institutional approach to gold governance, reserve accumulation, responsible mining and value addition.

The visit comes as GoldBod continues to position itself at the centre of efforts to strengthen Ghana’s gold value chain, improve transparency and traceability, promote local value addition and ensure that the country derives greater economic benefit from its gold resources.