Goldbod is set to begin operations in the first week of May – Sammy Gyamfi

CEO of Goldbod Sammy Gyamfi has said that the Goldbod is set to begin operations in the first week of May.

Goldbod is the sole authority with exclusive rights to buy, sell, weigh, grade, assay and export gold and other precious minerals.

Its operationalization will set into motion government’s vision to add value to our mineral resources, Sammy Gyamfi said.

He made the revelation about the entity’s day of operationalization when he paid a courtesy visit to the CEO of Gold Coast refinery.

Commissioned by H.E. John Dramani Mahama on 11th November, 2016; but abandoned in the last 8 years by the previous NPP administration.

“This is the sad story of the biggest Gold refinery in West Africa, located here in Accra, Ghana- Gold Coast refinery. But we at GoldBod, as part of our value addition strategy, are determined to get this refinery working, with a clear pathway to LBMA accreditation, to generate the needed benefits for the nation.

“Thus, in the short term, we shall move Ghana from the export of unrefined gold (dore’ bars) to refined gold (bullion) in partnership with Gold Coast refinery and other local refineries to optimize national benefits.

The exciting news is that, Ghana through the GoldBod, now maintains a free carried interest of 15% in this beautiful refinery, thanks to the leadership of H.E. John Dramani Mahama- the visionary,” he said.

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