GoldBod, Kyrgyzstan discuss partnerships in gold and critical minerals
Kyrgyzstan is exploring Ghana’s GoldBod model as it seeks to formalise its gold trade, strengthen regulation and attract investment into the country’s gold and critical-minerals sector.
Kyrgyzstan and Ghana have discussed potential partnerships in the gold and critical minerals sectors during a meeting between Kyrgyzstan's Foreign Affairs Minister, Jeenbek Kulubayev, and the CEO of Ghana Gold Board (GoldBod), Sammy Gyamfi. The Kyrgyzstan official expressed interest in formalising its gold trade, strengthening regulation, and attracting investment to the country's gold and critical-minerals industry.
Gyamfi outlined GoldBod's recent reforms since its establishment in 2025. These reforms include measures to formalise Ghana's domestic gold trade, strengthen controls against smuggling, and increase the value retained from the country's mineral resources. Under GoldBod's guidance, gold captured from the artisanal and small-scale mining sector has risen to 104 metric tonnes, up from approximately 60 tonnes previously. In 2025, the sector generated about US$10.8 billion in foreign exchange for Ghana.
Kulubayev revealed that Kyrgyzstan has also initiated reforms to formalise its largely informal gold sector, which has remained in that state for roughly 25 years. Both countries are exploring opportunities for technical cooperation, investment, and knowledge-sharing in the gold and critical minerals sectors.
Written by urgent.news from MyJoyOnline Ghana's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
