Parliament is poised to pass the Ghana Gold Board Bill into law, barring unexpected setbacks.
Sammy Gyamfi, Managing Director of the Precious Minerals Marketing Company (PMMC), confirmed that extensive consultations and discussions would ensure a robust bill
Gyamfi highlighted the rigorous efforts made by parliamentarians in finalising the legislation.
The Ghana Gold Board Bill, 2025, has been introduced to Parliament to establish a regulatory body to oversee the buying, selling, and export of gold while driving the country’s foreign exchange generation.
The government envisions the board playing a pivotal role in formalising gold trading in the small-scale mining sector, enhancing traceability, and advancing efforts to secure certification from the London Bullion Market Association (LBMA).
Following its introduction, First Deputy Speaker Bernard Ahiafor referred the bill to the Finance and Lands and Natural Resources Committees for further review and reporting.
“Honourable members, the Ghana Gold Board Bill 2025 has been read for the first time and referred to the Finance Committee for further consideration and reports,” Ahiafor announced.
