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Ghana to refine gold locally in bid to capture more of the metal's value
By Segun Adeyemi
Business Insider, New York
Wednesday, January 21, 2026
Ghana has taken a decisive step toward keeping more value from its gold industry, signing a new agreement that will see the precious metal refined locally before export.
The Ghana Gold Board, known as GoldBod, confirmed Tuesday it had entered into a partnership with Gold Coast Refinery Ltd. to refine gold sourced from artisanal and small-scale mining operations.
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The move aligns with the government's broader push to deepen value addition in the mining sector and maximize national earnings.
Under the agreement, Ghana is expected to refine about 1 metric tonne of gold annually. Although the country hosts one of the largest refineries in the sub-region, the vast majority of its gold has historically been exported in raw form. GoldBod says that the pattern is set to change. ...
... For the remainder of the report:
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