President John Dramani Mahama has expressed his government’s commitment to ensuring that GoldBod leads the way in responsible and sustainable mining practices in the digital era.
Speaking at the Mining in Motion conference at Kempinski Hotel in Accra on Monday, June 2, 2025, President Mahama also announced that GoldBod will soon roll out a track-and-trace system aimed at promoting the ethical and transparent sourcing of gold.
“GoldBod is taking bold and necessary steps to ensure that every ounce of gold can be traced to its origin, and that the process behind it meets both national and international standards for sustainability,” he stated.
The track-and-trace initiative is a cornerstone of GoldBod’s broader strategy to achieve London Bullion Market Association (LBMA) certification — a globally recognised mark of credibility and trust in the gold industry.
To earn LBMA certification, gold refiners must meet a rigorous set of criteria, including financial stability, an accredited analytical laboratory, proven production capacity, industry experience, and a firm commitment to responsible sourcing. Ongoing independent audits are required to retain this status.
“This step strengthens the Board’s vision of sanitising Ghana’s gold trade and ensuring it contributes meaningfully to national development,” President Mahama added.
By: Ekow Annan/newsalertgh.com
