The Ghana Gold Board (GoldBod) has announced plans to roll out a comprehensive track-and-trace system in the first quarter of 2026, aimed at ensuring ethical, transparent, and accountable gold sourcing across the country.
This major initiative was disclosed by the Chief Executive Officer of GoldBod, Mr. Sammy Gyamfi, during an interview on TV3’s ‘Key Points’ news analysis program. He explained that the digital system will enable the agency to trace every gram of gold produced and purchased in Ghana back to its original source, marking a historic step in the nation’s mining regulation.
According to Mr. Gyamfi, the introduction of this technology is designed to eliminate fraud, curb illegal trading, and strengthen transparency within the gold value chain. He emphasized that such a system has never been implemented since Ghana’s independence, making it a landmark reform in the mining sector.
The CEO further explained that most gold transactions currently occur in district and regional offices, where buyers often lack the tools to verify whether sellers are licensed or operating legally. The new system will therefore help close compliance gaps and promote responsible trade practices.
The initiative aligns with Section 31X of the Gold Board Act (Act 1140), passed by Parliament in 2025, which mandates the establishment of traceability mechanisms to enhance oversight in gold trading.
President John Dramani Mahama, speaking earlier at the Mining in Motion Summit in June 2025, had reaffirmed the government’s support for the Gold Board’s mission to promote responsible and sustainable mining practices nationwide.
He noted that the forthcoming system represents a transformative shift in Ghana’s mineral governance, helping the country meet international standards for ethical mineral sourcing.
By ensuring transparency from mine to market, the Gold Board aims to boost investor confidence, protect licensed operators, and safeguard Ghana’s reputation as a responsible gold-producing nation.
The rollout of the track-and-trace system in early 2026 is expected to usher in a new era of integrity and accountability within Ghana’s mining industry.