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Ghana Large Scale Mining Firms To Sell 30% Of Their Annual Gold +More | Business Incorporated
Posted
June 29, 2026
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509
June 29, 2026
509
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23:17Now PlayingEGYPT LISTS FOUR STATE-OWNED FIRMS IN THE NORTH AFRICAN COUNTRY'S PRIVATISATION DRIVE, AND MORE.
STARTING FROM JULY 1, 2026, GHANA GOLD BOARD WILL BE REQUIRING LARGE-SCALE MINING COMPANIES TO SELL 30% OF THEIR ANNUAL GOLD OUTPUT TO THE STATE ENTITY.
THIS INITIATIVE AIMS TO SHORE UP THE COUNTRY'S RESERVES AND DEVELOP DOMESTIC REFINING CAPABILITIES.
THE POLICY INTENDS TO SECURE 15 MONTHS OF IMPORT COVER ROUGHLY 157 METRIC TONS BY 2028 AND GAIN PRESTIGE LONDON BULLION MARKET ASSOCIATION (LBMA) ACCREDITATION FOR DOMESTIC REFINERIES BY 2030.
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