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GoldBod secures global backing for Ghana’s responsible gold sourcing at LBMA summit

Georgina Appiah Amponsah by Georgina Appiah Amponsah
June 18, 2026
in Business
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GoldBod secures global backing for Ghana’s responsible gold sourcing at LBMA summit
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The Ghana Gold Board (GoldBod) has secured strong international support for Ghana’s responsible sourcing, traceability, and artisanal mining formalisation agenda at the 2026 Sustainability & Responsible Sourcing Summit in London.

The Summit was organised by the London Bullion Market Association and the World Gold Council.

GoldBod was specially invited to participate in a high-level Roundtable of the International Bullion Centres Association, in recognition of Ghana’s growing role in the global gold value chain.

Deputy CEO Richard Nunekpeku represented GoldBod at the meeting. He presented Ghana’s GoldBod regulatory model and ongoing reforms to strengthen responsible sourcing, traceability, local refining, and formalisation of artisanal and small-scale mining, known as ASM.

A key outcome was the LBMA’s recognition of Ghana’s strategic role in the global precious metals market.

The LBMA committed to explore policy frameworks that will support greater international recognition of Ghana as a significant market participant.

The LBMA also expressed strong support for GoldBod’s traceability and ASM formalisation agenda, calling the initiatives critical to strengthening responsible sourcing and enhancing the integrity of Ghana’s gold supply chain.

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As part of that commitment, the LBMA pledged to work closely with GoldBod to advance internationally aligned traceability systems, responsible sourcing standards, and compliance frameworks for the ASM sector.

The LBMA further indicated it will support the development of practical tools and industry best practices to promote transparency, improve auditability, and facilitate the progressive integration of Ghana’s ASM sector into global responsible gold supply chains.

Commenting on the outcome, Richard Nunekpeku said the discussions reflect growing international confidence in Ghana’s reforms and reinforce the country’s ambition to become a leading responsible gold-producing nation.

Tags: global backinggold sourcingGoldBodLBMA summit
Georgina Appiah Amponsah

Georgina Appiah Amponsah

A devoted writer for Angel Online. Passionate about sharing innovation and fostering meaningful connection through storytelling.

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