Ghana’s small-scale gold sector has earned over US$8 billion in foreign exchange between January and October 15, 2025, according to new data from the Ghana Gold Board (GoldBod) and the Precious Minerals Marketing Company (PMMC).
Figures from GoldBod show that small-scale miners exported 81,719.23 kilograms of gold, valued at US$8.06 billion, during the period. This marks a sharp rise from US$4.61 billion recorded in 2024 and nearly four times the US$2.19 billion achieved in 2023.
The report shows steady growth in both the volume and value of gold exports over the past three years, thanks to better regulation, tighter oversight, and more transparency in Ghana’s small-scale mining sector.
The strongest months for gold exports were May (US$1.17 billion), June (US$957.9 million), and April (US$897.6 million), reflecting a strong second-quarter performance.
GoldBod attributed the record results to its ongoing partnership with PMMC and improved supervision of gold exports. The collaboration has helped reduce illegal trade and ensured that proceeds from gold sales are properly returned to Ghana’s economy.