John Dramani Mahama is President of Ghana
President John Dramani Mahama has announced the establishment of an ISO-certified gold assay laboratory by 2026 as part of efforts to refine gold, boost export earnings, and align with international standards.
According to the President, Ghana is blessed with numerous natural resources like gold and diamonds, among others, and there is a need to properly utilise these resources to significantly contribute to the broader economy.
Speaking at the inauguration of the GoldBod Task Force on Tuesday, July 8, 2025, President Mahama said the lab will help ensure compliance with global export requirements while supporting plans to add more value to Ghana’s gold before it leaves the country.
“To ensure compliance with international export standards, plans are underway to establish an ISO certified assay laboratory by the year 2026, that’s by next year,” he stated.
He emphasised the long-term goal of refining 100% of Ghana’s gold domestically before export, highlighting the economic benefits.
He said Ghana would, in the coming years, establish itself in the international market as a leading gold exporter.
“Ghana will transition to bullion exports and refine more of our gold locally. Our intention in the future is to be able to refine all our gold before we export, because the difference between refined gold and dory bars is significant. It means we make more money for our exports,” he added.
The establishment of the Gold Board forms part of the National Democratic Congress’ 2024 manifesto to formalise the mining sector and strengthen Ghana’s position in the global gold market.
SP/MA
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