The Ghana National Association of Small-Scale Miners (GNASSM) has presented a comprehensive report to the Ghana Gold Board (GoldBod) following a nationwide tour of mining communities to gather feedback on GoldBod’s pricing mechanism and ongoing reforms in the small-scale mining sector.

The report reflects concerns and recommendations from small-scale miners, traditional leaders and other stakeholders across key mining districts.

According to GNASSM, the engagements were aimed at explaining the new regulatory direction, clarifying compliance requirements and building confidence in GoldBod’s gold pricing and purchasing framework. A report by myjoyonline.com noted that the discussions revealed growing acceptance of formalised, responsible mining.

“The consultations revealed that miners are more prepared than ever to operate within the law, provided the system is transparent, fair and commercially attractive,” the association stated in its report.

Receiving the document, GoldBod Chief Executive Officer, Sammy Gyamfi, commended GNASSM for adopting what he described as an inclusive and consultative approach. He assured miners of GoldBod’s willingness to work closely with them to strengthen the sector.

“Sustained engagement is critical if we are to advance formalisation, traceability and value retention in Ghana’s gold sector,” Mr Gyamfi said.

He reaffirmed GoldBod’s commitment to establishing a transparent and efficient gold purchasing system that supports responsible mining while safeguarding national revenue.

The report outlines several key recommendations, including the introduction of a proposed 2 per cent discount mechanism and a new licensing regime aimed at discouraging gold hoarding and reducing market distortions.

GNASSM said the proposals would make official gold purchasing more attractive, enhance traceability and curb the sale of gold through illegal channels.

The association also called for simplified licensing procedures and closer collaboration among GoldBod, traditional authorities and miners to strengthen compliance and boost confidence in the ongoing reforms.