The Ghana Gold Board (GoldBod) has extended deadline for the transition to the new gold trading license regime from 21st May, 2025 to 21st June, 2025.
This is after the Board received several petitions from players within the gold trade business for extension of deadline which ended yesterday.
Consequently, Goldbod in a press statement has indicated that, any person who hold a license issued by the defunct PMMC and/or the Ministry of Lands and Natural Resources can continue to purchase and deal in gold with the said licenses until 21st June, 2025.
“It must be emphasized, that even though a person may apply for a GoldBod license beyond the new non-extendable deadline of 21st June, 2025, only holders of a GoldBod license will be allowed to purchase, sell or deal in gold after this date”, the statement signed by Prince Kwame Minkah, Media Relations Officer of Ghana Gold Board noted.
“The use of a license issued by the defunct PMMC and/or the Ministry of Lands and Natural Resources to deal in gold is hereby prohibited beyond the new non-extendable deadline of 21st June, 2025. A breach of this directive shall constitute a punishable offense under the Ghana Gold Board Act, 2025 (ACT 1140).
“The deadline extension notwithstanding, the GoldBod wishes to inform all persons who hold a license to purchase and deal in gold, issued by the Ministry of Lands and Natural Resources, that the export function of their licenses has ceased to be valid, effective today, 22nd May, 2025. Accordingly, no person other than GoldBod as a corporate entity, can export small-scale gold from Ghana, effective immediately.”
Meanwhile, the GoldBod encouraged all persons desirous of trading or dealing in gold in Ghana, to apply for a license via www.goldbod.gov.gh.
“It is worthy of note, that the license application process is an ongoing process and will continue even after the new non-extendable deadline of 21st June, 2025, save that, a person without a GoldBod license cannot trade or deal in gold in Ghana after this deadline.
“The GoldBod counts on the cooperation of all stakeholders and the general public as we work to optimize national benefits from Ghana’s gold resources in line with the vision of President John Dramani Mahama.”
