The Ghana National Association of Small-Scale Miners (GNASSM) has presented a comprehensive report to the Ghana Gold Board (GoldBod) following extensive nationwide engagements on the GoldBod pricing mechanism and ongoing reforms in the mining sector.
The report, which captures inputs from miners, traditional authorities and other stakeholders across major mining districts, highlights growing support for responsible, licensed mining and stronger collaboration between communities and regulators.
According to GNASSM, the engagements were aimed at deepening understanding of regulatory changes, clarifying compliance requirements, and building confidence in GoldBod’s pricing and purchasing framework. The association said the outcome reflects a notable shift in attitudes among miners towards formalisation and sustainable mining practices.
The Chief Executive Officer of GoldBod, Sammy Gyamfi, welcomed the report and commended GNASSM for its inclusive and consultative approach.
He reaffirmed GoldBod’s commitment to working closely with small-scale miners and other stakeholders to implement practical reforms that benefit both the state and mining communities.
“Sustained engagement is critical if we are to advance formalisation, traceability and value retention in Ghana’s gold sector,” Mr Gyamfi said.
He added that GoldBod remains focused on building a transparent and efficient gold purchasing system that supports responsible mining while safeguarding national revenue.
In a statement, GoldBod said key findings from the report indicate strong stakeholder participation, active involvement of traditional authorities in mining governance, and increasing willingness among operators to regularise their activities under the new policy direction.
“The consultations revealed that miners are more prepared than ever to operate within the law, provided the system is transparent, fair and commercially attractive,” the report noted.
As part of its recommendations, GNASSM proposed a 2 per cent discount mechanism and the introduction of a new licensing regime aimed at discouraging gold hoarding and correcting distortions in the local gold market.
The association believes the measures will make official purchasing channels more competitive, improve traceability, and ensure that a greater volume of gold is sold through formal systems rather than the black market.
The report also underscores the need to simplify licensing processes and strengthen collaboration between GoldBod, traditional authorities and miners to enhance compliance and boost confidence in the sector.
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