The Minority Leader in Parliament, Alexander Afenyo-Markin, has raised serious concerns about the government’s Goldbod initiative, warning that it could ultimately benefit illegal miners, known locally as galamseyers, rather than serve the national interest. Speaking on Joy FM’s Super Morning Show on Friday, 2nd May, he criticised the programme as lacking the necessary safeguards to prevent abuse and…
Mining consultant, Seth Worlashime Klaye has urged management of the Ghana GoldBod to extend the period for small-scale miners to acquire new licenses after their previous licenses have been terminated. GoldBod in a statement on April 14, 2025 announced the revocation of all small-scale mining licenses issued by the Precious Minerals Marketing Company (PMMC). GoldBod further…
The Acting Managing Director of the Precious Minerals Marketing Company (PMMC), Sammy Gyamfi, has dismissed concerns that GoldBod’s dual role in trading and regulatory oversight could lead to conflicts of interest. In a post on X, Gyamfi clarified that GoldBod is neither a regulator nor a competitor in the gold trade but a monopoly responsible…
