{
  "id": 14240738,
  "title": "GoldBod boosts local jobs as 90% of gold undergoes refining in Ghana – Sammy Gyamfi",
  "url": "https://urgent.news/2026/10/13/goldbod-boosts-local-jobs-as-90-of-gold-undergoes-refining-in-ghana",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-13T16:22:51.000Z",
  "source": {
    "name": "MyJoyOnline Ghana",
    "slug": "myjoyonline-ghana",
    "url": "https://www.myjoyonline.com/goldbod-boosts-local-jobs-as-90-of-gold-undergoes-refining-in-ghana-sammy-gyamfi/"
  },
  "original_language": "en",
  "account": "The Ghana Gold Board (GoldBod) is bolstering local job creation in the gold sector, as 80 to 90 percent of the gold it purchases and exports is now refined within Ghana, according to the organization's Chief Executive Officer, Sammy Gyamfi. Speaking before Parliament’s Public Accounts Committee, Mr. Gyamfi emphasized that this shift represents a significant departure from past practices where much of the country's gold was exported without undergoing domestic refinement.\n\nHe explained that this change is helping Ghana to capture more economic benefits from its mineral resources, rather than allowing them to be realized abroad. \"I'm happy to report to this honourable committee that, as we speak, about 80 to 90 per cent of the gold we purchase and export is refined here locally,\" Mr. Gyamfi stated. The refineries, which operate continuously, provide employment for Ghanaians, particularly young people, and ensure that the refining fees that would otherwise be paid abroad remain within the country.\n\nMr. Gyamfi added that the benefits extend beyond gold refining, as the silver recovered during the process is retained locally to generate foreign exchange and provide raw materials for Ghana’s fabrication industry. This approach is strengthening domestic industrial activity, creating jobs, and increasing the economic returns from the country's gold resources, all while advancing GoldBod's mission of supporting foreign exchange generation and regulating Ghana’s gold trading sector.",
  "summary": "The Ghana Gold Board (GoldBod) is strengthening local value addition in the gold sector, with between 80 and 90 per cent of the gold it purchases and exports now refined in Ghana, its Chief Executive Officer, Sammy Gyamfi, has disclosed.",
  "key_points": [
    "80-90% of purchased gold refined locally boosts Ghanaian jobs",
    "Refining fees stay in-country, supporting domestic industry",
    "Silver recovered locally generates foreign exchange and raw materials"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "3News",
        "title": "Feeding a nation from the farm gate: “Planting for Food and Jobs” and the test facing the “Feed Ghana Programme”",
        "url": "https://urgent.news/2026/10/13/feeding-a-nation-from-the-farm-gate-planting-for-food-and-jobs-and",
        "published": "2026-10-13T13:34:03.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}