Ghana’s gold export earnings have reached approximately $22.7 billion between January and October 2026, surpassing the nearly $21 billion generated throughout 2025. Artisanal and small-scale mining reportedly contributed $11.6 billion, while large-scale producers accounted for another $11.1 billion. GoldBod is targeting an additional $1.2 billion in foreign exchange from small-scale gold trading in November. Established in 2025, the agency oversees purchases, sales, and exports from the artisanal mining sector, aiming to formalize trading and strengthen foreign exchange inflows. Rising international gold prices, increased production, and improved official trading channels have supported the increased earnings. Additionally, GoldBod is pursuing greater domestic refining capacity to enable Ghana to export high-purity gold bars, which earn more, rather than partially processed doré.