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Ghana’s small-scale gold export industry has generated over US$8 billion in foreign exchange between January and October 15, 2025, according to new data from the Ghana Gold Board (GoldBod) and the Precious Minerals Marketing Company (PMMC).

Figures from GoldBod indicate that small-scale miners exported 81,719.23 kilograms of gold during the period, valued at US$8.06 billion. This represents a significant rise from US$4.61 billion in 2024 and nearly four times the US$2.19 billion recorded in 2023.

The data reveals a steady upward trend in both export volumes and earnings over the past three years, underscoring improvements in regulation, transparency, and compliance across Ghana’s small-scale mining sector.

Strong monthly performances were noted in May (US$1.17 billion), June (US$957.9 million), and April (US$897.6 million), highlighting robust growth during the second quarter of the year.

GoldBod credited the sector’s strong performance to its ongoing collaboration with PMMC and tighter oversight of gold exports. This partnership, it said, has been crucial in reducing illegal trade and ensuring that revenues from gold sales are fully repatriated into the Ghanaian economy.

Source: myghanadaily

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