By: Alexander Afriyie. In a significant boost to Ghana’s economy, the country’s small-scale gold exports have reached an impressive US$2.7 billion in the first four months of 2025, according to the Ghana Gold Board (GOLDBOD). This remarkable achievement underscores the growing importance of small-scale mining in Ghana’s economic landscape.
The GOLDBOD’s latest figures reveal a substantial increase in gold exports from small-scale mining operations, which have been a vital source of revenue for the country. The US$2.7 billion earned in the first four months of 2025 is a testament to the sector’s potential and its contribution to Ghana’s economic growth.
Small-scale mining has long been a significant player in Ghana’s gold industry, with thousands of artisanal miners operating across the country. The sector’s growth has been driven by government initiatives aimed at formalizing and regulating small-scale mining activities, as well as investments in infrastructure and technology.
The GOLDBOD’s announcement is expected to have a positive impact on Ghana’s economy, which has been facing challenges in recent years. The increase in gold exports will likely lead to an influx of foreign exchange earnings, which can be used to support the country’s development projects and stabilize the local currency.
The Ghana Gold Board has attributed the success of small-scale gold exports to the government’s efforts to streamline the sector and provide support to artisanal miners. The board has also emphasized the need for continued collaboration between government agencies, mining companies, and local communities to ensure the sustainable development of Ghana’s gold industry.
As Ghana continues to navigate the complexities of the global economy, the country’s small-scale gold exports are poised to play an increasingly important role in driving economic growth and development. With the GOLDBOD’s latest figures, it is clear that the sector is on track to make a significant contribution to Ghana’s economic future. Alexander Afriyie