Ghana plans to deploy a blockchain-based Track and Trace system by the end of 2026 to ensure that every gram of gold exported from the country can be traced to its mine of origin.
This is according to the Chief Executive Officer of the Ghana Gold Board, Sammy Gyamfi.
Speaking at the 2025 Dubai Precious Metals Conference on November 24, 2025, Gyamfi said the initiative is part of a broader effort to curb gold smuggling, strengthen regulatory oversight, and promote Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) measures in Ghana’s gold sector.
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“Plans are far advanced for the GoldBod to procure and deploy a blockchain Track and Trace system that will, by the end of 2026, ensure that every gram of gold purchased is traceable to its sustainable mine of origin,” he said.
“If you fail to buy gold from a licensed mine or through GoldBod, then you are either a gold smuggler or an abettor of gold smuggling, and the laws of Ghana will surely catch up with you,” the GoldBod CEO warned.
He added that smuggled gold poses risks to global governance, money laundering prevention, and security, and called for international cooperation to ensure traceable and responsible sourcing of gold.
The Ghana Gold Board (GoldBod) is the sole authority with the exclusive mandate to buy, sell, weigh, grade, assay, value, and export gold and other precious minerals in Ghana. It operates under the oversight and supervision of the Ministry of Finance of the Republic of Ghana.
GoldBod focuses on ethical sourcing, processing, and supporting Ghana’s push toward increased value addition in the mining industry.
