Close Menu
    What's Hot

    MTN Empowers SME Growth With Business Clinic Initiative

    World Bank Group, Government, ACET and ISSER Lead Talks on Unlocking Ghana’s Trade Potential

    Cedi Printing Costs Halve Despite Rising Cash Demand in Ghana

    Facebook X (Twitter) Instagram
    CapitalNewsOnline
    • Home
      • News
      • Auto
      • Aviation
      • Banking
      • Digitalisation
      • Economy
      • Finance
      • Tech/AI
      • Telecom
      • About US
      • Contact Us
      • Privacy & Policy
    • News
    • Economy
    • Tech/AI
    • Telecom
    • Finance
    • Digitalisation
    • Auto
    • Banking
    • Aviation
    Friday, June 5
    News flash
    • MTN Empowers SME Growth With Business Clinic Initiative
    • World Bank Group, Government, ACET and ISSER Lead Talks on Unlocking Ghana’s Trade Potential
    • Cedi Printing Costs Halve Despite Rising Cash Demand in Ghana
    • Economic Growth Without Jobs Widens Inequality, Labour Says
    • Stronger Regional Journalism Key to Africa’s Democratic Resilience — Experts
    • Damang Gold Deal Signals New Strategy to Strengthen Ghana’s Economy
    • MTN CTIO Roundtable 2026 Explores AI’s Role in Africa’s Digital Economy
    • MTN, Sapient Envision Champion Cybersecurity at CISO Summit
    CapitalNewsOnline
    Home»News»Ghana Targets Clean Gold Economy Through Global Partnership
    News

    Ghana Targets Clean Gold Economy Through Global Partnership

    Editorial StaffBy Editorial StaffJanuary 9, 2026No Comments2 Mins Read
    Share Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Copy Link
    Follow Us
    Google News Flipboard
    Galamsey
    Share
    Facebook Twitter LinkedIn Pinterest Email Copy Link

    Ghana has taken a decisive step to reposition its gold sector by prioritising transparency, sustainability, and global market credibility, following a new partnership between the Ministry of Lands and Natural Resources and the World Gold Council (WGC).

    The collaboration signals a shift from enforcement-only approaches to illegal mining towards building a regulated and traceable gold economy that rewards responsible practices while shutting out illicit supply chains.

    At the centre of the initiative is the Responsible Cooperative Mining and Skills Development Programme (rCOMSDEP), which will introduce regulated community-based gold processing plants and a fully traceable supply system linking small-scale miners directly to formal markets.

    Speaking during a high-level engagement with the World Gold Council on Monday, January 5, 2026, the Minister for Lands and Natural Resources, Emmanuel Armah-Kofi Buah, said the partnership aligns with government efforts to formalise artisanal and small-scale mining, protect the environment and maximise national value from mineral resources.

    He explained that rather than allowing gold to leak through informal networks, the new system will channel production through monitored facilities, enabling authorities to track gold from extraction to sale.

    According to the Minister, the approach will not only curb illegal mining but also improve incomes for compliant miners, enhance state revenue and restore confidence in Ghana’s gold supply.

    READ ALSO:  Ghana’s Cost-of-Living Pressures Ease as Inflation Hits Post-Rebasing Low

    The World Gold Council described Ghana’s framework as a practical and scalable model for reforming artisanal mining. Chief Executive Officer David Tait said the initiative addresses long-standing global concerns about sourcing gold responsibly, especially for international refineries that require verified and ethical supply chains.

    He noted that by combining traceability, centralised processing and official buying channels, Ghana is positioning itself as a reliable source of responsibly mined gold, which could attract new investment into the sub-sector.

    Under the agreement, both parties will establish a joint technical team to oversee implementation, ensure transparency and guide the rollout of the processing plants.

    The first community plants are expected to become operational within six months of funding approval, marking what officials describe as a critical turning point in Ghana’s effort to secure the long-term future of its gold industry while addressing the root causes of illegal mining.

    Artisanal Small Scale Mining Environmental Protection Galamsey Fight Ghana Gold Sector Ghana Mining Industry Gold Supply Chain Gold Traceability Illegal Mining Ghana Investment In Mining Mining Policy Ghana Mining Reforms Ghana Sustainable Mining World Gold Council
    Follow on Google News Follow on Flipboard
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Copy Link
    Previous ArticleGhana’s Cost-of-Living Pressures Ease as Inflation Hits Post-Rebasing Low
    Next Article Mahama Announces Plans to Establish 24-Hour Economy Authority
    Editorial Staff

    Related Posts

    Economic Growth Without Jobs Widens Inequality, Labour Says

    May 3, 2026

    Stronger Regional Journalism Key to Africa’s Democratic Resilience — Experts

    May 3, 2026

    Damang Gold Deal Signals New Strategy to Strengthen Ghana’s Economy

    May 1, 2026
    Advertisement
    Demo
    Latest Posts

    MTN Empowers SME Growth With Business Clinic Initiative

    World Bank Group, Government, ACET and ISSER Lead Talks on Unlocking Ghana’s Trade Potential

    Cedi Printing Costs Halve Despite Rising Cash Demand in Ghana

    Economic Growth Without Jobs Widens Inequality, Labour Says

    Trending Posts

    Maersk CEO Vincent Clerc Speaks to ‘Massive Impact’ of the Red Sea Situation

    January 20, 2021

    These Knee Braces Help With Arthritis Pain, Swelling, and Post-Surgery Recovery

    January 15, 2021

    How to Keep Your Pets Safe During the Solar Eclipse 2024

    January 15, 2021

    Subscribe to News

    Get the latest sports news from NewsSite about world, sports and politics.

    @2026 - www.capitalnewsonline.com. All Right Reserved. Developed by Royce Digital Consult(0245335926)
    • Home
    • Telecom
    • Auto
    • Buy Now

    Type above and press Enter to search. Press Esc to cancel.