In response to the Ghana Gold Board’s recent announcement that it will take sole responsibility for the purchasing, selling, and export of gold from the artisanal and small-scale mining (ASM) sector, clinical psychologist Prof. Daniel Bruce has voiced his support, describing the move as a step in the right direction toward strengthening oversight within the industry.
He emphasized the need for government investment in local gold refineries, arguing that processing the country’s gold domestically, rather than relying on foreign facilities, would be more beneficial.
According to Prof. Bruce, establishing a local refinery would enable Ghana to retain a greater share of the economic value derived from its gold resources.
“It’s a good move; I think it will be a regulatory body controlling the supply and the sale of gold in Ghana. There will always be speculation, I think the government has put in measures to allay these fears.”
We have Tema Oil Refinery; we must make sure that we have the first gold refinery in Ghana and West Africa, which will be the legacy they will leave us with, and add value to our gold. Why are we able to refine our gold? We allow people to come buy our gold and sell it.
