Ibrahim Mahama's Damang Mine Sells First Gold Output to GoldBod
Ibrahim Mahama's Damang Mine has sold its entire first output to GoldBod, marking a significant business transaction in Ghana's mining sector.
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Ibrahim Mahama's Damang Mine has sold its entire first output to GoldBod, marking a significant business transaction in Ghana's mining sector.

GoldBod achieved a significant financial milestone in 2025, reporting a GH₵5.4 billion surplus and tripling its revenue from GH¢307.7 million to GH¢970.8 million. The company also expanded its workforce from 114 to 450 employees while reducing expenditure, indicating strong operational growth and efficiency.

The Ghana Gold Board (GoldBod) has committed GH¢7.8 million through its Social Intervention Program (SIP) to support 73 life-changing initiatives, demonstrating its role in connecting mineral governance with human development.

Sammy Gyamfi, National Communications Officer of the NDC and CEO of GoldBod Ghana, marked his 37th birthday by making donations to a Special School and Korle Bu, supporting vulnerable communities.

Ghana's Parliament has voted to reject a motion put forth by the New Patriotic Party (NPP) Minority caucus. The motion sought to establish an ad hoc committee to investigate alleged losses at the Ghana Gold Board (GoldBOD) and other issues related to the Gold-for-Reserves scheme.

Sammy Gyamfi, Chief Executive Officer of GoldBod Jewellery, has publicly refuted claims that his company provided sponsorship for a 'Women of Valour' programme held in London.

The Ghana Gold Board (GoldBod) has been named State-Owned Enterprise of the Year at the prestigious Public Enterprise League Table (PELT) Awards, cementing its position as one of Ghana’s…

The Member of Parliament for Kade and Vice Chairman of Parliament’s Budget Committee, Alexander Agyare, has criticised the government’s fiscal management, citing what he described as unrealistic revenue projections and a lack of transparency surrounding an alleged $240 million loss linked to GoldBod and the Bank of Ghana.

The Ghana Gold Board (GoldBod) has categorically denied claims that it purchased 15 laptops at an inflated price of GHS322,500, describing the allegations as “complete falsehood.”

GoldBod Jewellery Limited has clarified that it did not provide financial sponsorship for the 2026 Women of Valour event in the United Kingdom, following criticism on social media over claims that a…

The Ghana Gold Board (GoldBod) is partnering with the Ministry of Lands and Natural Resources to enhance land reclamation efforts across the country’s mining regions.

Sammy Gyamfi, CEO of GoldBod, stated that E&P's decision to sell 100% of its first gold production to GoldBod validates the company's successful bid for the Damang Gold Mine amidst earlier criticism.

Austrian-German actor Boris Kodjoe met with Sammy Gyamfi, CEO of the Ghana Gold Board, to explore potential collaborations for promoting value addition in Ghana's gold sector.

The Ghana Gold Board and Better Brands (Zimbabwe) have initiated discussions to formalize Ghana's artisanal and small-scale mining sector, focusing on improved financing and technical support.

The Institute of Economic Research and Public Policy (IERPP) has criticized the Mahama Government for establishing an anti-corruption agency while simultaneously appearing to protect GoldBod from accountability.

Nana Akwasi Awuah, former Managing Director of the Precious Minerals Marketing Company (PMMC), has attributed the company’s dominant performance at the 2024 Public Enterprise League Table (PELT) Awards to the strategic reforms he implemented during his tenure.

GoldBod has held a stakeholder forum in Kumasi, Ghana, engaging small-scale miners as part of efforts to advance reforms in the gold trading sector and improve market structure.

The CEO of GoldBod, Sammy Gyamfi, has defended the Bank of Ghana's controversial decision to sell off portions of its gold reserves, citing a sharp downturn in global bullion market prices.

The Ghana Gold Board (GoldBod) has signed an agreement with the Ghana Geological Survey Authority (GGSA) to conduct geological investigations in three mineral-rich areas: Funsi, Atuna, and Bensere East, as part of Phase One of a new initiative.

The Ghana Gold Board (GoldBod) has dismissed allegations that it awarded an office renovation contract worth GHS11 million to a company owned by Mr Stan Dogbe through sole sourcing.

The Ghana Gold Board has fully funded a life-saving brain tumour surgery for 13-year-old Judith Edinam Woseme at the Korle-Bu Teaching Hospital.

The Damang Mine, operated by E&P, has completed a historic sale of 100% of its initial gold output to GoldBod and the Bank of Ghana, setting a new benchmark.

Sammy Gyamfi, CEO of the Ghana Gold Board (GoldBod), visited the Royal Ghana Gold Refinery on Monday, April 27, in anticipation of a potential partnership for refining services.

The Ghana Gold Board (GoldBod) met with leaders of small-scale miners' associations to address challenges and pledged stronger support to boost gold production in the country.

Parliament's Majority side in Ghana has blocked a proposed inquiry into the Gold-for-Reserves programme, drawing sharp criticism from former Information Minister Kojo Oppong Nkrumah.

The Chief Executive Officer of GoldBod, Sammy Gyamfi, has dismissed claims by the Minority that the Bank of Ghana is selling off the country’s gold reserves.

Sammy Gyamfi, CEO of Ghana GoldBod, has defended the government’s decision to adopt sole-sourcing for key road projects under the 'Big Push' initiative. He rejected claims of irregularities, insisting the process has been lawful and transparent.
GoldBod signs GH¢27.5m geological investigations deal Graphic Online

The Ghana Gold Board (GoldBod) has dismissed a series of allegations circulating online regarding its procurement processes, insisting that all transactions relating to laptop purchases and an office renovation contract were conducted in accordance with established procurement rules.

The Chief Executive Officer of the Ghana Gold Board, Sammy Gyamfi, has pledged a robust export control and traceability system for the country's diamond resource.

The Ghana Gold Board (GoldBod) has cautioned licensed gold buyers to comply strictly with their reporting obligations or risk losing their permits.