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GoldBod introduces special bonus for licensed miners

Samuel Sackey by Samuel Sackey
August 27, 2025
in Business
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GoldBod introduces special bonus for licensed miners
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In a bid to motivate licensed miners and combat gold smuggling, the Ghana Gold Board (GoldBod) has introduced a special temporary bonus of GHS832 per pound of gold for all licensed miners across the country.

As a result of this initiative, a pound of gold that would have sold on the local market for GHS8,868 is now selling at GHS9,700.

GoldBod announced this in a statement published on its official Facebook page today, Wednesday, August 27, 2025.

According to a statement, this initiative responds to legitimate complaints from licensed miners about the significant drop in local gold prices over the past few months, attributed to the continuous appreciation of the Ghana cedi.

“The special bonus will ensure that licensed miners who have contributed immensely to the country’s increased gold output and foreign exchange earnings, do not indirectly suffer as a result of the significant appreciation of the Ghana cedi, that they have helped the country achieve.”

GoldBod, through this well-resourced initiative, has directed its licensed traders nationwide to ensure the prompt payment of the special bonus to all licensed miners who sell their gold to the board.

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Tags: GoldBodlicensedMiners
Samuel Sackey

Samuel Sackey

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