The Ghana Gold Board (GoldBod) has signed a landmark refinery agreement with Royal Ghana Gold Refinery in a major step towards Ghana’s mineral value addition agenda.
Under the agreement, GoldBod will supply up to one metric tonne of gold every week for local refining, reinforcing government’s vision of ensuring that Ghana derives maximum value from its mineral resources before export.
The agreement signed on Monday, May 25, 2026, in Accra, marks GoldBod’s second refinery partnership in 2026, following the earlier agreement with Gold Coast Refinery.
Speaking at the signing ceremony, GoldBod CEO Sammy Gyamfi, Esq. reaffirmed President John Mahama’s commitment to ensuring that by 2030, all mineral resources mined in Ghana will be refined locally before export.
The agreement is expected to help Ghana retain refining fees, recover valuable by-products, create jobs and strengthen the country’s position as a leading gold refining hub in Africa.
The Bank of Ghana and Royal Ghana Gold Refinery also pledged their support towards advancing Ghana’s industrialisation and economic transformation agenda.
