GoldBod Launches Stakeholder Consultations for 2027 Small-Scale Mining Support Programme
GoldBod has begun stakeholder consultations on a proposed ASM Formalisation and Financing Support Programme slated to launch in 2027.
In Brief
- •GoldBod has begun stakeholder consultations on a proposed ASM Formalisation and Financing Support Programme slated to launch in 2027.
- •The programme aims to formalise artisanal and small‑scale mining, improve financing access, and strengthen oversight of operations.
- •Consultations involve government agencies, miners’ associations, civil society, and industry partners including the Ministry of Lands and Natural Resources, UMaT, MIIF, and Rand Refinery.
- •GoldBod says the initiative will increase gold production, create jobs, reduce operational costs, and curb environmental degradation.
- •The programme is part of efforts to tackle illegal mining by licensing and monitoring operators.
Why It Matters
The initiative seeks to bring informal artisanal miners into a regulated framework, improving their access to finance and ensuring compliance with environmental and safety standards. By formalising the sector, Ghana aims to boost gold production, create employment, and reduce the environmental damage and illicit revenue associated with unlicensed mining activities.
Key Details
- Programme Launch Year
- 2027
- Partners
- Ministry of Lands and Natural Resources, UMaT, MIIF, Rand Refinery
- Expected Benefits
- Increased gold production, job creation, reduced costs, environmental protection
- Consultation Participants
- Government agencies, miners’ associations, civil society, industry stakeholders
Original Reporting & Sources
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