Parliament has received the Ghana Gold Board Bill 2025, which seeks to establish a regulatory authority to oversee gold trade, including its acquisition, distribution, and export.

The bill also aims to strengthen the nation’s foreign exchange reserves through enhanced gold trade management.

The government asserts that the board will play a vital role in formalizing gold transactions within the small-scale mining sector, improving traceability, and advancing Ghana’s pursuit of London Bullion Market Association (LBMA) certification.

Upon its introduction, First Deputy Speaker Bernard Ahiafor assigned the bill to the Finance and Lands and Natural Resources Committees for further examination and recommendations.

“Honourable members, the Ghana Gold Board Bill 2025 is presented and read for the first time and accordingly referred to the Finance Committee for consideration and reports,” he announced.