Sammy Gyamfi is the CEO of Goldbod
The Concerned Small Scale Miners Association (CSSMA) has commended Sammy Gyamfi for what it described as strong and effective leadership in the establishment and operations of Goldbod.
According to them, Gyamfi’s efforts are helping to realise President John Dramani Mahama’s vision for Ghana’s small-scale and artisanal gold mining sector.
In a statement released on December 31, 2025, the association said Goldbod was created to bring structure, fairness and greater national value to the sector and noted that under Gyamfi’s leadership, the initiative is steadily taking shape.
“Sammy Gyamfi has shown clear leadership in managing Goldbod and working closely with small and artisanal miners across the country. Through continuous engagement and openness, he has rebuilt confidence between miners and the state and ensured that policies reflect the realities on the ground,” the statement said.
The association also praised Gyamfi for promoting fair and transparent pricing in gold purchases from small-scale miners, a move it said has improved incomes, reduced exploitation by middlemen and encouraged miners to sell through approved channels.
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According to CSSMA, these measures have strengthened compliance and stability within the sector.
“Goldbod’s operations under Gyamfi have contributed meaningfully to Ghana’s foreign exchange earnings through formal gold purchases and reduced leakages,” it added.
The association also welcomed Gyamfi’s commitment to tackling gold smuggling through a comprehensive traceability system, which it believes will help curb illicit trade, protect state revenue and promote environmentally-responsible mining practices.
“The Concerned Small Scale Miners Association fully supports Sammy Gyamfi and stands firmly behind him in delivering President John Dramani Mahama’s vision of a well-regulated, transparent, and nationally beneficial gold sector,” it concluded.
Read the full statement below:
Concerned Small Scale Miners Association Commends Sammy Gyamfi for Leadership at Goldbod
The Concerned Small Scale Miners Association (CSSMA) congratulates Sammy Gyamfi for his strong and effective leadership in implementing the vision of President John Dramani Mahama through the establishment and operations of Goldbod.
Goldbod was created to bring structure, fairness, and national value to Ghana’s small-scale and artisanal gold mining sector. Under the leadership of Gyamfi, this vision is steadily becoming a reality.
His work has shown commitment to national interest, discipline in management, and respect for the role of small-scale miners in Ghana’s economy.
Strong Leadership and Engagement with Miners
Sammy Gyamfi has shown clear leadership in managing Goldbod and working closely with small and artisanal miners across the country. Through continuous engagement and openness, he has rebuilt confidence between miners and the state and ensured that policies reflect the realities on the ground.
Fair Pricing for Small-Scale Miners
The Association commends Gyamfi for ensuring fair and transparent pricing in the purchase of gold from small-scale miners. This approach has improved incomes, reduced exploitation by middlemen, and encouraged miners to sell through approved channels, strengthening compliance and stability in the sector.
Boosting Foreign Exchange and Economic Stability
Goldbod’s operations under Gyamfi have contributed meaningfully to Ghana’s foreign exchange earnings through formal gold purchases and reduced leakages. These inflows have supported the economy by easing inflationary pressures, contributing to the appreciation of the cedi, improving the balance of payments, strengthening investor confidence, and supporting overall macroeconomic stability.
Firm Action Against Gold Smuggling
The Association applauds Gyamfi’s commitment to tackling gold smuggling. His promise to introduce a comprehensive and credible system for tracing gold purchases from source to sale is a major step toward ending illicit trade, protecting state revenue, and restoring integrity to the sector.
Protecting the Environment Through Traceability
Effective traceability will also deliver important environmental benefits. By formalising mining activities and enforcing standards, Goldbod’s systems will help reduce illegal mining, protect water bodies, improve land reclamation practices, and promote responsible mining that safeguards communities and natural resources.
Full Support for President Mahama’s Vision
The Concerned Small Scale Miners Association fully supports Sammy Gyamfi and stands firmly behind him in delivering President John Dramani Mahama’s vision of a well-regulated, transparent, and nationally beneficial gold sector. We remain committed to working with Goldbod and all stakeholders to ensure lasting success for small-scale miners and for Ghana.
Signed
Concerned Small Scale Miners Association (CSSMA)
ID/AE
