GoldBod/PMMC generates over $8 billion in foreign exchange in 10 months

The Ghana Gold Board (GoldBod) and the Precious Minerals Marketing Company (PMMC) has generated over $8 billion in foreign exchange from Ghana's small-scale gold export between January and October 15, 2025.

This significant revenue stream is expected to boost Ghana's foreign reserves and support the country's economic recovery efforts.

The state agency with the power to license persons engaged in trading of the commodity exported 81,719.23 kilograms of gold valued at US$8.06 billion from the Small-scale mining sector.

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The new figure signifies an astronomic rise from the 2024 figure of US$4.61 billion after exporting 4,286,3230 Kilogram of gold.

The 2024 gold exports figure was surpassed in the first half of 2025, with gold exports earning over $5 billion and exceeding the total export revenue for the whole of 2024.

The Ghana Gold Board (GoldBod) attributes its success in gold export to several factors, including aggressive reforms,strict regulatory oversight, tightening regulatory control over the gold supply chain to prevent smuggling and ensure compliance among others.

PMMC/GoldBod generates $8 billion US dollars in foreign exchange for Ghana from small-scale gold exports alone (January- 15th October, 2025) pic.twitter.com/MnajOTSGbx

— Ghana GOLDBOD (@GhanaGOLDBOD) October 16, 2025