The Ghana Gold Board has entered into a partnership with Goldstream Global DMCC to attract a US$1 billion investment into the country’s mining sector.

Chief Executive Officer of the Board, Sammy Gyamfi, disclosed at the 2025 Minerals and Mining Convention that the Memorandum of Understanding (MoU) was signed on August 22, 2025.

The agreement, he explained, will pave the way for the establishment of more than 300 responsible mines across the country.

The project will be carried out in collaboration with concession owners, the Ministry of Lands and Natural Resources, and allied agencies.

Mr Gyamfi said the initiative is expected to increase Ghana’s gold output, create thousands of jobs, and ensure that mining is done in a more sustainable and environmentally friendly manner.

He emphasised that the partnership forms part of the Gold Board’s commitment to transform small-scale mining, curb illegal operations, and maximise the benefits of the sector for national development.

By: Jacob Aggrey

The Ghana Gold Board is preparing to set up a gold village in the country to boost local jewellery and ornament production.

Chief Executive Officer of the Board, Sammy Gyamfi, revealed this at the 2025 Minerals and Mining Convention.

He explained that the project will be modelled after the famous Gold Souk in Dubai and will position Ghana as a continental hub for gold jewellery and other ornaments.

According to him, the gold village forms part of efforts to add value to Ghana’s mineral resources instead of exporting them in their raw state.

He stressed that value addition was critical to creating jobs, strengthening the economy, and ensuring that the nation benefits fully from its mineral wealth.

Mr Gyamfi noted that the initiative will also promote local craftsmanship, attract investors, and make Ghana a key player in Africa’s gold and jewellery market.

By: Jacob Aggrey