President John Dramani Mahama has reaffirmed the Ghana Gold Board’s (GoldBod) commitment to sustainable mining through the implementation of a comprehensive track-and-trace system.
This initiative aims to certify all exported gold according to stringent environmental and ethical standards, ensuring responsible sourcing and enhancing transparency in the gold supply chain.
The track-and-trace system is a central component of GoldBod’s strategy to maximize Ghana’s mineral wealth.
By certifying gold exports, the system seeks to curb illegal mining activities, reduce smuggling, and ensure that the country derives greater monetary value from its gold resources.
This approach aligns with broader efforts to formalize the gold trading sector and promote sustainable mining practices.
President Mahama emphasized that this initiative is part of a larger vision to transform Ghana’s mining sector into a catalyst for industrialization and economic growth.
By integrating mining with manufacturing, energy, logistics, and skills training, the government aims to create a more robust and diversified economy.
Additionally, the government plans to leverage Ghana’s rich deposits of critical minerals, such as lithium, to position the country as a regional hub for clean energy technologies.
This includes establishing domestic gold refineries and jewelry manufacturing hubs, further adding value to the country’s mineral resources.
The implementation of the track-and-trace system underscores Ghana’s commitment to responsible mining and its determination to ensure that the nation’s mineral wealth contributes meaningfully to sustainable development and economic prosperity.
Source: Myxyzonline.com
