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Mahama administration boosts Ghana’s gold reserves to $13.8bn – Sammy Gyamfi

By GhanaSummary Newsroom1 min read
Mahama administration boosts Ghana’s gold reserves to $13.8bn – Sammy Gyamfi

Speaking on X Spaces on Sunday, August 9, Mr Gyamfi said the government had focused on strengthening the domestic gold value chain, increasing local refining and improving oversight of gold trading activities.

According to him, the increase reflects measures introduced by the government to strengthen the gold sector and ensure that Ghana derives greater economic value from its mineral resources.

He maintained that the reforms being pursued by GoldBod were ultimately aimed at ensuring that Ghana captures a greater share of the economic benefits generated across the gold production and trading value chain.

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This is a summary of the original articles listed below. Always read the source articles for the full context. GhanaSummary does not create or modify the news — we summarise and link to original publishers.

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None of my bodyguards is involved in gold trading – Sammy Gyamfi

None of my bodyguards is involved in gold trading – Sammy Gyamfi

Domestic Gold Purchase Programme was well-intended, but not well implemented – Sammy Gyamfi

Domestic Gold Purchase Programme was well-intended, but not well implemented – Sammy Gyamfi

GANRAP will build reserves to cushion Ghana against future shocks — Sammy Gyamfi

GANRAP will build reserves to cushion Ghana against future shocks — Sammy Gyamfi

BoG no longer raises funds for GoldBod as intermediary – Sammy Gyamfi

BoG no longer raises funds for GoldBod as intermediary – Sammy Gyamfi

No one can claim GoldBod has made a loss, not even IMF – Sammy Gyamfi

No one can claim GoldBod has made a loss, not even IMF – Sammy Gyamfi

We are managing GoldBod with modesty and prudence — Sammy Gyamfi

We are managing GoldBod with modesty and prudence — Sammy Gyamfi

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