The National Concerned Association of Small-Scale Miners, Ghana (NCSSMAG) has thrown its weight behind the Mahama government’s decision to establish a Gold Board to regulate the trading of gold from small-scale miners.
According to NCSSMAG, this initiative is “long overdue” and will ensure fair pricing, eliminate exploitation by foreign buyers, and optimize national benefits from the small-scale mining sector.
The association has commended the transparent and broad consultative approach adopted by the Sammy Gyamfi-led GOLDBOD Technical Committee, saying it is “refreshing to see that our suggestion for a well-structured gold trading sector is being prioritized by the new Mahama government.”
The proposed Gold Board is expected to support small-scale miners through geological investigations, concession viability assessments, equipment financing, sustainable environmental management, and concessional financing.
These initiatives aim to improve the operations and livelihoods of small-scale miners.
NCSSMAG President Michael Kwadwo Peprah emphasized that the establishment of the Gold Board is “imperative” for the growth of the small-scale mining sector, adding that it is Ghana’s “surest way of generating significant foreign exchange to stabilize the Ghana cedi for economic revitalization.”
The association has called on the government to expedite the processes for the establishment of the Gold Board, saying it is a “noble agenda” that deserves the support of all stakeholders.
