The Ghana Gold Board (GoldBod) is procuring a blockchain-based tracking system to strengthen gold traceability, promote responsible sourcing and curb illegal trading and smuggling.
Chief Executive Officer Sammy Gyamfi said a national competitive tendering process for the system was underway and was expected to be completed before the end of 2026.
The proposed system will establish a verifiable record of gold from its legitimate source through the various stages of aggregation and the supply chain, helping authorities track the precious mineral and verify its origin.
Speaking at the African Minerals Policy Forum – Mining in Motion 2026, Mr Gyamfi said traceability was critical to sustaining the gains made through reforms in Ghana’s gold trade.
He explained that the system would help verify the lawful origin of gold and provide assurance that its production, trading and export complied with applicable laws and the guidelines of the Organisation for Economic Co-operation and Development (OECD).
“The emerging success story of the GoldBod brings to the fore an equally important responsibility; the responsibility to ensure that the gold it trades is responsibly mined and sourced,” he said.
Mr Gyamfi said the introduction of the tracking system would strengthen accountability across the gold supply chain and make illegal and irresponsible mining less attractive in the medium term.
The initiative forms part of efforts to improve transparency in the gold trade, promote responsible sourcing and ensure that gold handled through GoldBod can be traced to legitimate sources.
