Goldbod: We’re setting national sovereignty over our mineral wealth – Mahama

President John Dramani Mahama has said that through the Ghana Gold Board (Goldbod), the country is resetting national sovereignty over its mineral wealth.

This statement by the President highlights the government’s commitment to ensuring that Ghana’s natural resources are managed and utilized for the benefit of its citizens.

The Ghana Gold Board was established to oversee the gold sector and enforce regulations. According to President Mahama, the Board plays a crucial role in protecting Ghana’s mineral wealth and ensuring fair pricing and accountability in the sector. “The Goldbod is a critical institution in our efforts to formalize the gold trade and improve accountability in the sector,” he added.

In a related article published by MyJoyOnline stated the importance of the Goldbod in combating gold smuggling. According to the article, “The task force will play a crucial role in protecting Ghana’s mineral wealth and ensuring fair pricing and accountability in the sector.”

The Goldbod has implemented various initiatives aimed at promoting responsible mining practices and combating gold smuggling. These initiatives include the establishment of a task force to monitor and regulate the gold industry. The task force is equipped with advanced technology, including body-worn cameras and GPS-tracked vehicles, to monitor and respond to gold smuggling activities effectively.

“We are committed to ensuring that Ghana’s mineral wealth is managed and utilized for the benefit of its citizens,” said Sammy Gyamfi, CEO of GoldBod.

“The Goldbod will continue to work closely with the government and other stakeholders to promote responsible mining practices and combat gold smuggling.”

The Goldbod’s efforts have been praised by various stakeholders, including the Ghanaian public. “The establishment of the Goldbod is a welcome development,” said a local resident. “It will help to ensure that our mineral wealth is managed and utilized for the benefit of all Ghanaians.”

The Goldbod’s impact on Ghana’s economy is significant. By promoting responsible mining practices and combating gold smuggling, the Board is helping to increase revenue for the government and contribute to the country’s economic development.