The Ghana Gold Board (GoldBod) has announced a special temporary bonus of GH¢832 per pound of gold for all licensed miners across the country.
The initiative, introduced on Wednesday, August 27, 2025, is aimed at motivating compliant miners while curbing gold smuggling.
With the bonus in effect, the local price of a pound of gold has risen from GH¢8,868 to GH¢9,700.
This was announced by GoldBod’s Media Relations Officer, Prince Minkah in a statement on Wednesday, August 27.
According to him, the measure responds to concerns raised by licensed miners about declining local gold prices in recent months, driven largely by the sustained appreciation of the Ghana cedi.
“The special bonus will ensure that licensed miners who have contributed immensely to the country’s increased gold output and foreign exchange earnings, do not indirectly suffer as a result of the significant appreciation of the Ghana cedi, that they have helped the country achieve,” Mr. Minkah explained.
GoldBod has assured that its licensed traders nationwide have been fully resourced and instructed to make prompt payments of the bonus to miners who sell directly to the Board.
Below is a copy of the statement
Source: Starrfm.com.gh/Obed King Gaglo
