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Ghana takes more control of domestic gold export market
By Christian Akorlie and Anait Miridzhanian
Reuters
Monday, April 14, 2025
ACCRA -- Ghana has ordered foreigners to exit its gold trading market by the end of the month, a new government body said Monday, as the West African country looks to streamline gold purchases from small-scale miners, increase earnings, and reduce smuggling.
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Africa's leading gold producer is shifting away from a system in which local and foreign companies with export licenses can buy and export gold from artisanal or small-scale mining.
Under the new system, the newly created gold board known as GoldBod is the only entity allowed to buy, sell, assay, and export artisanal gold, Monday's statement said, and older licenses have ceased to be valid. ...
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