GoldBod to introduce gold traceability system by end of 2026 – Sammy Gyamfi

Ghana Gold Board (GoldBod) CEO Sammy Gyamfi has announced the upcoming introduction of a gold traceability system by the end of 2026. This new technology-driven system aims to enhance transparency, accountability, and responsible sourcing throughout Ghana's gold sector. Speaking at a National Mining Dialogue on "Rethinking the Social License to Operate," Gyamfi explained that the system will enable GoldBod to trace every ounce of gold it purchases back to its mine of origin.

The initiative is part of GoldBod's efforts to combat illegal and irresponsible mining, ensuring that gold bought by the state can be traced directly to its source. During the procurement process, GoldBod will identify whether gold entering its purchasing chain comes from a responsible and compliant mining operation. If gold is found to originate from a non-compliant or environmentally harmful mine, the state has the option to either confiscate it or purchase it at a punitive discount as a disincentive for illegal mining practices.

Gyamfi emphasized that the traceability system will strengthen oversight of the gold supply chain by providing greater visibility into gold production, purchase, and trade. This is especially crucial as Ghana seeks to formalize the artisanal and small-scale mining sector and transition more miners into legal and responsible practices. The National Mining Dialogue, organized by Asempa 94.7 FM and its Ekosiisen program, aims to support these efforts alongside the Ministry of Lands and Natural Resources.

By December 2026, GoldBod plans to launch a comprehensive ASM Formalization and Finance Support Programme to assist artisanal miners in meeting regulatory and international responsible-sourcing standards. This traceability system is expected to distinguish responsibly produced gold from illicitly mined gold, promoting economic growth while protecting the environment and strengthening accountability across the Ghanaian gold industry.