Ghana Bans Unrefined Gold Exports

Ghana requires all artisanal gold dore purchased by aggregators to be refined locally starting September first. The directive aims to retain more mineral value within the country.

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FILE PHOTO: A view of smelted gold bars at a smelting facility in Accra, Ghana, August 22, 2024. REUTERS/Francis Kokoroko/File Photo

Ghana's state-backed regulatory body has barred unrefined artisanal gold dore exports from September 1, enforcing local value addition. The regulatory tightening applies to self-financing aggregators purchasing unrefined Gold dore. The mandate mirrors a broader regional push across Africa to retain mineral wealth domestically.

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