Ghana’s small-scale gold mining sector has delivered an impressive US$8.06 billion in export earnings between January and October 15, 2025, according to data jointly released by the Ghana Gold Board (GoldBod) and the Precious Minerals Marketing Company (PMMC).
The report revealed that small-scale miners exported 81,719.23 kilograms of gold during the period — nearly double the US$4.61 billion earned in 2024 and almost four times the US$2.19 billion recorded in 2023.
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The figures point to a steady upward trajectory in both output and export value over the last three years, reflecting improved regulation, transparency, and compliance across the small-scale mining industry.
GoldBod highlighted particularly strong performances in the second quarter, with May alone generating US$1.17 billion, followed by June (US$957.9 million) and April (US$897.6 million).
The agency credited the surge to its enhanced collaboration with PMMC, which has tightened oversight of small-scale exports and curtailed illegal trading. The partnership has also ensured that proceeds from gold sales are properly repatriated to support the local economy.
Officials say the sector’s robust growth will help strengthen Ghana’s foreign reserves and provide a significant boost to the government’s ongoing economic recovery efforts.