The Ghana Gold Board (GoldBod) has rolled out a special temporary bonus of GHS832 per pound of gold for all licensed miners across the country, effective Wednesday, August 27, 2025.
This incentive pushes the local selling price of gold from GHS8,868 to GHS9,700 per pound, offering miners a direct boost in returns.
GoldBod explained that the move follows persistent concerns from licensed miners about declining local gold prices in recent months, largely attributed to the strengthening Ghana cedi.
The bonus scheme, according to GoldBod, is designed both to motivate licensed miners and to counter the lure of gold smuggling by ensuring miners receive competitive compensation for their sales.
“Licensed miners who have played a major role in boosting Ghana’s gold output and foreign exchange earnings should not suffer as a result of the cedi’s appreciation, which they have helped sustain,” the statement noted.
The Board assured that it has fully resourced its licensed traders nationwide to ensure swift and transparent payment of the bonus to all qualifying miners.
Signed:
Prince Kwame Minka
(Media Relations Officer, GoldBod)
+233 256 203 488 / +233 545 540 001
NAIMOS has intensified its fight against illegal mining at some parts of the Ahafo Region,… Read More
Former Finance Minister Ken Ofori-Atta is scheduled to appear before a court in the United… Read More
The Deputy Chief Executive Officer of the Gaming Commission of Ghana, Lamtiig Apanga, has advised… Read More
Renowned Ghanaian gospel music pioneer and founder of the Asomafo gospel ensemble, Yaw Sarpong, has… Read More
Former Forestry Commission official Charles Owusu has lauded former President John Mahama for demonstrating humility… Read More
The Minister for Trade, Agribusiness and Industry, Elizabeth Ofosu-Adjare, has attributed the recent decline in… Read More