Economy / WORLD

GoldBod says 94.6% of October small-scale gold was refined locally

Ghana’s Gold Board said it bought 5.7 tonnes of artisanal and small-scale gold in October, of which 5.4 tonnes had been refined in the country.

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The Ghana Gold Board chief executive said 94.6% of the artisanal and small-scale mining gold purchased in October had been refined locally. GoldBod bought 5.7 tonnes, and 5.4 tonnes had completed local refining. The board attributed the processing to service agreements with two privately owned Ghanaian refineries.

GoldBod said its refinery partners had processed 25 tonnes in 2026 to date, around 30% of the board’s 85.4 tonnes of ASM gold exports. The release also describes a goal of ending raw mineral exports by the close of 2030. These are the board’s reported progress figures and policy ambition, not an independently audited forecast.

Data

Table

Gold refining shares

Local refining shares reported by GoldBod.

October purchases refined locally94.6
2026 exports represented by partner processing30
2026 processed gold refined locally since August 176
Methodology

Shares use purchase, processing and export totals in the institution’s release; no independent audit is claimed.

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  • Ghana · Place role: Coverage · Place type: Country or area · Location precision: Regional
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