Ghana’s small-scale gold export sector has generated over US$8 billion in foreign exchange from January to October 15, 2025, as reported by the Ghana Gold Board (GoldBod) and the Precious Minerals Marketing Company (PMMC).
Data provided by GoldBod indicates that small-scale miners exported 81,719.23 kilograms of gold during this timeframe, which is valued at US$8.06 billion. This represents a significant increase from the US$4.61 billion recorded in 2024 and is nearly four times the US$2.19 billion achieved in 2023.
The data reveals a steady upward trend in both the volume of gold and the value of exports over the past three years, demonstrating enhanced regulation, transparency, and compliance within Ghana’s small-scale mining sector.
Notable monthly increases were observed in May (US$1.17 billion), June (US$957.9 million), and April (US$897.6 million), highlighting robust performance in the second quarter of the year.
GoldBod credited these favorable results to its ongoing collaboration with PMMC and improved oversight of small-scale gold exports.
This partnership has played a crucial role in reducing illegal trade and ensuring that the revenues from gold sales are effectively repatriated into the Ghanaian economy.
The increase in export earnings is anticipated to enhance Ghana’s foreign reserves and aid the country’s ongoing economic recovery initiatives.
