• GoldBod exceeded its 100-ton ASM gold export target in 2025

• ASM gold exports generated $10 billion in revenue during the year

• The agency targets $12 billion in ASM gold exports in 2026

Ghana’s GoldBod has exceeded its target of exporting 100 tons of gold from artisanal and small-scale mining (ASM) in 2025, generating $10 billion in revenue over the period. The disclosure was made recently by Sammy Gyamfi, Chief Executive Officer of the agency, which was created this year to act as the country’s sole buyer and exporter of artisanal gold.

GoldBod operates as the regulator of Ghana’s domestic gold trade, purchasing output from small-scale miners for re-export. As part of this mandate, the agency set a target of acquiring at least 3 tons of gold per week. This strategy had already generated $6 billion in export revenue between January and August 2025. Reaching the $10 billion mark by year-end therefore concludes its inaugural year of operations, marking a significant result for the country.

For comparison, Ghana’s total gold exports stood at $11.6 billion in 2024, a figure that included both artisanal and industrial gold production. At this stage, export revenues from industrial gold mining in 2025 have not yet been published. This data will be key to assessing the overall evolution of Ghana’s gold revenues this year, at a time when prices have risen by more than 70% since January.

Meanwhile, GoldBod is already forecasting improved operational performance in 2026. In its earlier projections, the agency had estimated artisanal gold export revenues of $12 billion for next year.

Aurel Sèdjro Houenou