Poor formalisation of small-scale mining worsened galamsey crisis - GoldBod CEO
Sammy Gyamfi, Chief Executive Officer of the Ghana Gold Board (GoldBod), attributed Ghana's persistent illegal mining crisis partly to decades of inadequate formalisation and state support for artisanal and small-scale mining. Speaking during a Space conversation on X on Sunday, August 9, Mr. Gyamfi stated, "Very little was done to provide formalisation support, training, capacity building, and investing in reclamation."
He said Ghana began formalising the sector in 1989, but successive governments failed to provide sufficient training, equipment, monitoring, and environmental safeguards. Mr. Gyamfi also argued that the dominance of private operators in the domestic gold-buying sector made it difficult for the state to effectively track the source of gold. He questioned the traceability arrangements under the previous government's Domestic Gold Purchase Programme, introduced in 2021, which supported the purchase of gold for reserves, foreign exchange, and the Gold for Oil programme.
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GoldBod CEO Sammy Gyamfi links Ghana's persistent illegal mining crisis to decades of inadequate formalisation and state support for small-scale
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