The Ghana Gold Board announced that gold exports reached an impressive $900 million in June 2025 alone. Sammy Gyamfi, the Chief Executive Officer, shared this information during a press conference on June 30, 2025, revealing that gold exports in the first half of 2025 have already surpassed the total for the entire year of 2024.
He noted that over 50 tons of gold from small-scale miners have been exported since the establishment of GoldBod. Gyamfi emphasized that in 2024, gold exports totaled 66 tons, valued at $4.6 billion, and that the current year’s figures have already exceeded $5 billion. With just six months completed, the volume of gold exported is approaching the previous year’s total.
The revenue generated from these exports has significantly bolstered foreign exchange inflows, contributing to the strengthening of the Ghanaian cedi. For the first time, gold exports from small-scale mining have outpaced those from large-scale mining, with June alone bringing in at least $900 million in foreign exchange for the Bank of Ghana.
This influx has helped ensure liquidity in the forex market and maintain a stable cedi. Gyamfi also announced that all licenses issued under the Precious Minerals Marketing Company (PMMC) are now invalid, as the new licensing regime has officially begun. This development reflects the ongoing efforts to optimize the gold sector and enhance its contributions to the national economy.