Ghana is taking a decisive step to earn more from its gold by refining it locally rather than exporting it raw. The state’s Ghana Gold Board, GoldBod, has partnered with Gold Coast Refinery to process gold from artisanal and small-scale miners, marking a shift in how the country captures value from its mineral wealth. Initially, about one metric ton of gold will be refined each year, reversing a long-standing trend in which nearly all output was shipped abroad unprocessed. Backed by technical support from South Africa’s Rand Refinery, the initiative is expected to strengthen Accra’s push for global accreditation. Officials say local refining will boost foreign exchange earnings, improve traceability, create jobs, and deepen Ghana’s footprint in the global gold market.
Africa Business Insider
