Ghana is set to take a major step forward in strengthening its gold value chain as the Ghana Gold Board (GoldBod) prepares to formally sign a Gold Refining Agreement with Gold Coast Refinery Limited in Accra.
The historic agreement signing ceremony is scheduled for 10:00 a.m. on Tuesday, January 20, 2026, at the Conference Room on the 5th Floor of the GoldBod Head Office, located in the former Bank of Ghana Building, Accra.
The agreement between GoldBod and Gold Coast Refinery represents a significant milestone in Ghana’s efforts to add value to its gold resources locally, reduce reliance on foreign refining services, and enhance revenue retention within the country.
As Africa’s leading gold producer, Ghana has long pursued policies aimed at refining more of its gold domestically.
The partnership with Gold Coast Refinery is expected to support this agenda by promoting local processing, improved traceability, and compliance with international standards in the gold trade.
High-Level Government Presence
The ceremony will be graced by the Minister for Finance, Hon. Cassiel Ato Forson (MP), who will serve as the Special Guest of Honour. His presence underscores the government’s strong commitment to strengthening Ghana’s mining value chain and ensuring that the gold sector contributes more meaningfully to national development, foreign exchange earnings, and job creation.
Officials from the Ministry of Finance, mining sector stakeholders, industry experts, and regulatory authorities are also expected to attend the event.
Boosting Transparency and Economic Impact
GoldBod officials have indicated that the agreement will help improve transparency, accountability, and efficiency in gold refining and marketing, while supporting government initiatives to curb gold smuggling and maximise returns from Ghana’s mineral wealth.
The collaboration is also expected to enhance Ghana’s position as a regional hub for gold refining, providing opportunities for technology transfer, skills development, and increased private-sector participation.
In line with its commitment to openness and public engagement, all media houses have been cordially invited to cover the signing ceremony. The event is expected to generate significant public and industry interest given its implications for the economy and the mining sector.
A New Chapter for Ghana’s Gold Industry
The signing of the Gold Refining Agreement between the Ghana Gold Board and Gold Coast Refinery marks a decisive step toward deepening local value addition, safeguarding national interests, and modernising Ghana’s gold industry.
As the nation continues to position itself for sustainable growth and industrial transformation, the agreement is widely seen as a forward-looking initiative that aligns with Ghana’s broader economic development agenda.
