ACCRA, Oct 16 (The African Portal) – Ghana’s small-scale gold mining sector has generated more than US$8 billion in export revenue between January and mid-October 2025, according to new data from the Ghana Gold Board (GoldBod) and the Precious Minerals Marketing Company (PMMC).
Figures released by GoldBod show that small-scale miners exported 81,719 kilograms of gold during the period, valued at about US$8.06 billion. The figure represents a sharp rise from US$4.61 billion in 2024 and almost four times the US$2.19 billion recorded in 2023.
Officials say the growth reflects improved regulation, transparency and compliance in Ghana’s small-scale mining industry, which has long been criticised for illegal operations and loss of state revenue.
Monthly earnings peaked in May at US$1.17 billion, followed by June (US$957.9 million) and April (US$897.6 million), highlighting a strong performance in the second quarter of the year.
GoldBod credited the gains to its partnership with PMMC and tighter oversight of gold exports, which it says have helped curb illicit trade and ensure that export proceeds are repatriated through official channels.
The increase in gold export revenue is expected to strengthen Ghana’s foreign reserves and support ongoing efforts to stabilise the economy.
