The Ghana Gold Board (GoldBod) has announced plans to introduce a track-and-trace system to ensure ethical and transparent sourcing of gold across the country.
According to Chief Executive Officer Sammy Gyamfi, the initiative will take effect in the first quarter of 2026 and is designed to eliminate fraud while tracing every gram of gold produced in Ghana back to its source.
Speaking on TV3’s news analysis programme Key Points, Mr. Gyamfi described the move as unprecedented in the nation’s history.
“We have given timelines that by the first quarter of next year, we will have a track-and-trace system, which has never happened since Ghana became Ghana. This system will allow us to trace every gram of gold produced in Ghana and purchased by the Gold Board to its source,” he said.
The track-and-trace initiative forms part of the Board’s broader strategy to sanitize the gold trade and enforce compliance. It is backed by Section 31X of the Gold Board Act (Act 1140), passed by Parliament in 2025.
Explaining the need for the system, Mr. Gyamfi noted that gold is often purchased in district and regional capitals rather than directly from mining sites.
“Gold is bought in offices in district and regional capitals, not directly from mining sites. So when a buyer in Koforidua receives gold nuggets or powder, that person may not have the technology to confirm whether the seller is licensed,” he explained.
President John Dramani Mahama has also reaffirmed government’s commitment to responsible and sustainable mining. Addressing the Mining in Motion Summit in June, the President disclosed that the Gold Board would soon introduce the track-and-trace system as part of efforts to promote ethical gold sourcing.
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