The Ghana Gold Board (GoldBod) has extended the deadline for the transition to the new gold trading license regime from 21st May to 21st June.
A statement issued by Mr Prince Kwame Minkah, Media Relations Officer, GoldBod, copied to the Ghana News Agency, said consequently, any person who held a license issued by the defunct Precious Minerals Marketing Company (PMMC) and/or the Ministry of Lands and Natural Resources could continue to purchase and deal in gold with the said licenses until 21st June.
The statement said that although a person might apply for a GoldBod license beyond the new non-extendable deadline of 21st June, only holders of a GoldBod license would be allowed to purchase, sell, or deal in gold after this date.
It said the use of a license issued by the defunct PMMC and/or the Ministry of Lands and Natural Resources to deal in gold was hereby prohibited beyond the new non-extendable deadline of 21st June.
“A breach of this directive shall constitute a punishable offence under the Ghana Gold Board Act, 2025 (ACT 1140),” the statement said.
“The deadline extension notwithstanding, the GoldBod wishes to inform all persons who hold a license to purchase and deal in gold, issued by the Ministry of Lands and Natural Resources, that the export function of their licenses has ceased to be valid, effective today, 22nd May 2025.”
The statement said accordingly, no person other than GoldBod as a corporate entity can export small-scale gold from Ghana, effective immediately.
It said the GoldBod encouraged all persons desirous of trading or dealing in gold in Ghana to apply for a license via www.goldbod.gov.gh.
The statement said that the license application process was an ongoing one and would continue even after the new non-extendable deadline of 21st June, only that a person without a GoldBod license would not trade or deal in gold in Ghana after the deadline.
It said GoldBod called for the cooperation of all stakeholders and the public to optimize national benefits from Ghana’s gold resources, in line with President John Dramani Mahama’s vision.
