The Ghana GoldBod nationwide purge of illegal gold trading has led to the recovery of GH¢3,036,990.00 in cash.
The intensified crackdown also led to the retrieval of along with foreign currencies including US dollars, CFA francs, and Moroccan dirhams.
Officials also confiscated items such as gold doré, gold dust, mercury, firearms, mobile phones, and forged documents – materials often linked to unregulated gold-trading networks.
Investigations have uncovered the involvement of foreign nationals from the United States, Morocco, and Burkina Faso, raising concerns about increasing cross-border participation in illegal mining and gold smuggling operations.
The Board says it is also probing whether some Tier 2 licensees may have facilitated or abused their licences to support unlicensed operators.
GoldBod’s Legal Directorate is currently pursuing 20 active cases involving individuals and entities accused of operating without valid trading licences.
A breakdown of the ongoing cases includes 10 cases under investigation, six suspects granted bail, one suspect granted court bail and one case pending trial. The rest are on case under police enquiry and other suspect deported.
The statutory report also posted strong gains in gold aggregation, exports, reserve buildup and regulatory enforcement covering July to September 2025.
The Board aggregated 26,153.98 kilograms of gold from the Artisanal and Small-Scale Mining sector valued at US$2.76 billion as part of efforts to formalise and streamline the ASM value chain.
