A delegation from the United States Department of the Treasury, accompanied by officials from the Economic Section of the U.S. Embassy in Accra, has visited the Ghana Gold Board (GoldBod) to engage with officials on developments and reforms within Ghana’s gold industry.
The delegation visited GoldBod on Friday, September 18, 2026, as part of engagements focused on Ghana’s gold sector, responsible mining and initiatives aimed at strengthening the country’s gold value chain.
The visitors were received by GoldBod Deputy Chief Executive Officer Richard Nunekpeku, Esq., alongside the Director of Responsible Mining, Prof. Ishmael Quaicoe, and Deputy Director of Mining Operations, James German.
GoldBod Explains Its Mandate and National Reserve Programme
During the meeting, Mr. Nunekpeku briefed the U.S. delegation on the mandate of the Ghana Gold Board under the Ghana Gold Board Act, 2025 (Act 1140).
He also explained GoldBod’s role in implementing the Ghana Accelerated National Reserve Accumulation Programme (GANRAP), which forms part of efforts to strengthen Ghana’s national gold reserves and support the country’s broader economic and financial objectives.
The engagement provided an opportunity for the U.S. Treasury officials to gain insight into Ghana’s ongoing reforms in the gold sector and the institutional measures being implemented by GoldBod.
Ghana Steps Up Gold Refining and Traceability
The GoldBod Deputy CEO highlighted several major initiatives being pursued to transform Ghana’s gold value chain.
Among the initiatives are measures to promote local gold refining, reform the country’s gold assay system and develop nationwide gold traceability solutions.
The traceability programme is intended to improve transparency within the gold supply chain and strengthen mechanisms for tracking gold from its source through processing and other stages of the value chain.
GoldBod is also working to provide bankable geological assessments to support investment and improve access to reliable geological information within Ghana’s mining sector.
Formalisation of Artisanal and Small-Scale Mining
Another key area discussed was the formalisation of artisanal and small-scale mining (ASM), a significant component of Ghana’s gold production.
GoldBod is pursuing measures aimed at strengthening responsible mining practices while bringing more activities within the formal regulatory framework.
The Board is also advancing initiatives to reclaim degraded forest landscapes, reflecting efforts to address the environmental impact of mining and promote more sustainable mining practices.
Strengthening Ghana’s Gold Industry
The engagement with the U.S. Treasury delegation comes as Ghana continues to pursue reforms designed to improve the efficiency, transparency and sustainability of its gold sector.
Through initiatives covering gold refining, responsible mining, gold traceability, geological assessments, assay reforms and ASM formalisation, GoldBod is seeking to strengthen Ghana’s position within the global gold market while creating greater value from the country’s mineral resources.
The meeting further provided an avenue for international engagement on Ghana’s evolving gold sector policies and economic reforms.
Source: newsthemegh.com